Released on = May 28, 2007, 5:14 am

Press Release Author = Shushmul Maheshwari

Industry = Retail

Press Release Summary = Vietnam retail industry is set to undergo a complete
makeover with most supermarket chains, both domestic and overseas, making their
presence felt in the country.

Press Release Body = RNCOS, in its recent report on “Vietnam Retail Industry
Analysis” has found that the retailing structure in Vietnam is set to undergo
a dramatic transformation over the forecasted period (2007-2011), with the air
conditioned mini marts, small shopping complexes and supermarkets becoming dominant
formats in the country.

The retail market of Vietnam is viewed as the third most promising retail market
throughout the globe, next only to India and Russia, as per the VCCI (Vietnam
Chamber of Commerce & Industry). Global distributors such as Metro Cash &Carry,
Parkson, and Bourbon (Big C), have launched their stores in Vietnam, where the
overall retail market value stood around US$ 21 Billion in the year 2005, as per Sai
Gon Dau Tu Tai Chinh report.

As part of its strategy to be listed among the top 500 retailers in Asia-Pacific
region by the year 2010, Saigon Co.op – the leading supermarket chain in
Vietnam – has launched a new mart in the central Binh Thuan province. The
largest store of the chain, planned to be launched by the mid year ’07, will
cover around 13,000 square meter in Bien Hoa City of Dong Nai Province.

Business leaders in domestic market are gearing up to benefit from the growing
interest. As per Tham Tuck Choy – General director for Parkson Hai Phong,
currently Vietnam enjoys a progressively high rate of economic growth, which opens
the windows of opportunities for further growth of retail industry.

As per the RNCOS report “Vietnam Retail Industry Analysis”,
“Retail market in Vietnam is growing at a remarkably fast pace, leaving many
other economies of the world far behindm with only exceptions being India and
Russia. The sector has received a lot of foreign investment, also, the market has
undergone some instances of consolidation resulting in the launch of larger shopping
centers and shops.”

This report helps clients in analyzing the opportunities critical to the growth of
the Retail Industry In Vietnam. Issues addressed in this report include: market size
and scope of the retail industry in Vietnam, growth prospects and issues related to
the industry, factors driving growth in this sector, major players in the Vietnam
retail industry, opportunities & 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