Wednesday, April 24, 2019 - 5:39:04

compound annual growth rate

Franchising makes Vietnam’s retail market more attractive

Business

Franchising makes Vietnam’s retail market more attractive

Vietnam is a promising market for retail and franchise sector as franchising is an increasingly popular strategy taken by many enterprises, said experts at a conference held on the sidelines of the Shop & Store Vietnam Exhibition 2018 held in Ho Chi Minh City on March 28.

Vietnamese travel sales shifting online

Travel

Vietnamese travel sales shifting online

While only 7 percent of online travel sales in Vietnam were made on mobile devices last year, the number grew rapidly at a 58.1 percent compound annual growth rate in the 2013-16 period, presenting a major growth opportunity.

VN to rank 2nd in travel growth

Travel

VN to rank 2nd in travel growth

Vietnam is expected to enjoy a compound annual growth rate of 9.5 percent between 2016 and 2021 for outbound travel among Asia Pacific’s emerging markets, according to the “Future of Outbound Travel in Asia Pacific 2016 to 2021” report by MasterCard.