Vietnam: Retail Foods Annual

  |   Attaché Report (GAIN)   |   VM2024-0032
Vietnam’s food retail market consisted of over 665,000 outlets generating sale revenue of $55 billion in 2023, up four percent compared to 2022. Although the global economic downturn has slowed growth, key retailers remain optimistic about the potential of Vietnam's retail market. Vietnam's young population, growing middle class, rising disposable incomes, and high demand for quality and safety are key growth drivers for U.S. food and beverage products in the retail market.

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