Released on = May 15, 2007, 3:23 am

Press Release Author = Shushmul Maheshwari

Industry = Retail

Press Release Summary = As the retail industry is showing signs of further growth,
foreign players are vying to grab their share in the marketplace.

Press Release Body = According to the recent market research report on
“Vietnam Retail Industry Analysis”, published by RNCOS, retailing
infrastructure in Vietnam is set to undergo rapid transformation during 2007-2011,
with air conditioned mini marts, small shopping complexes and supermarkets becoming
more ubiquitous – attracting more consumers.

With the retail market in Vietnam ranked as one of the seven most lucrative in the
world, foreign and local distributors are queuing up to grab a chunk of the pie.
Most retail leading retail distributors and manufacturers have already made their
presence felt in Vietnam, comprising Metro Cash & Carry of Germany that runs eight
supermarkets – earning US$ 500 Million per annum and a 45% growth annually.

After operating for eight years in Vietnam, Bourbon of France has set up a network
of six supermarkets branded Big C in Hanoi capital city, southern Ho Chi Minh City,
and northern Hai Phong city. Parkson – another prominent retailer –
attained 35% annual growth from its operations within just two years of its launch
in the country. The company intends to launch 10 additional trade centers in
Vietnam.

With foreign distributors’ presence in the country, customers can now enjoy
modern shopping approaches, with increased convenience and enhanced quality of
products. Meanwhile, domestic producers are being provided with opportunities to
choose and use the best & most effective channel of distribution within the ability
of promoting their products in market. Also, the domestic firms can cut down the
costs related to the distribution of merchandises.

Economic experts anticipate that there’ll be increased number of overseas
retailers landing up in Vietnam in the years to come, apart from the existing
giants’ expansion.

RNCOS report “Vietnam Retail Industry Analysis” notifies, “Retail
market in Vietnam is expanding much speedily than various other economies globally,
except China and India. The retail sector in Vietnam has received huge foreign
investment, and the industry has encountered some instances of consolidation
resulting in the formation of bigger shops & shopping centers. However, conventional
outdoor markets still make up almost 90% of total retail sales in 2005-2006.”

Key facts and issues analyzed in this report include: market size and scope of the
retail industry in Vietnam, major players in the Vietnam retail industry, their
presence, and the strategies being employed by them with analysis on their market
positioning, opportunities, emerging trends, & challenges faced by retailers in
Vietnam, etc.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM502.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com