Vietnam: Retail Foods
Vietnam's food retail sector is still dominated by small traditional traders, but modern retail channels are expanding in response to growing consumer demand and competition in the modern retail food sector is growing. Overall economic growth, including a sizable young population, rapid urbanization and concerns about hygiene and food safety are driving changes in consumption patterns. In 2017, Vietnam’s total retail goods revenue and accommodation, food, and beverage service revenue reached about US$173 billion, up 10.9 percent over 2016.
