Although 2023 is forecast to see many difficulties, experts expect it will be a recovery year for the retail sector after the COVID-19 pandemic as there are many signs showing the return of investors and higher demand.
Viet Nam’s retail market is becoming a magnet for investors thanks to such favourable conditions as political stability, transparent capital control and large market size.
Viet Nam’s retail sector was growing quite quickly, with a market size of US$180 billion within the next three years. This would also be an opportunity for fast-moving consumer goods (FMCG) and food products from many Vietnamese startups.
