Vietnam: Retail Foods

  |   Attaché Report (GAIN)   |   VM2021-0054

Contact:

Office of Agricultural Affairs, Hanoi   |   (011-84-24) 3850-5000 x 6106

Link to report:

Vietnam: Retail Foods

Vietnam’s total retail sales were estimated at approximately $172 billion, up 6.8 percent over 2019, with food and beverage accounting for approximately 30 percent. Effective control of COVID-19 has allowed the retail sector to overcome short-term challenges and constraints while strong economic growth, increasing foreign investment, benefits from free trade agreements, a growing middle class with higher disposable incomes, and rapid urbanization continue to drive long-term sustainable growth. Vietnam’s modern retail food channels have seen expansions, exits, and mergers and acquisitions in 2020 and 2021. While e-commerce and food delivery services continue to enjoy sustainable growth, sales in traditional retail food channels have declined due to changes in consumer shopping habits as a result of COVID-19.

East Asia and the Pacific, Vietnam
Processed Food Products

Database Source:

Related Reports

View More
Attaché Report (GAIN)

India: Coffee Annual

FAS Mumbai forecasts marketing year (MY) 2025/26 coffee production (Oct/Sep) at six million 60-kilogram bags. A dry spell during January and February, followed by strong winds and excessive pre-monsoon rains in March and May,
Attaché Report (GAIN)

Canada: Grain and Feed Annual

Production of wheat, corn, barley, and oats is forecast to increase two percent year-over-year to 62.7 million metric tons (MT) in MY 2025/26 and area planted to grains will increase 2.2 percent year-over-year to 27.5 million hectares, according to Statistics Canada’s planting intentions survey.
Attaché Report (GAIN)

Guatemala: Coffee Annual

Guatemala’s coffee production areas remain stable, with gradual increases in output as ongoing renovation efforts begin to show results.