Vietnamplus

A modest number of modern retail channels has made Vietnam a promising land for the development of the sector and country’s economy in general.

Vietnam remains one of the important corporate retail markets and can compete against other countries in the region during the next three years, according to a seminar in Ho Chi Minh City .

Total retail sales reached 877.5 trillion VND (45 billion USD) in the first seven months of this year, a rise of 26.4 percent against the same period in 2009.