Hanoi, March 3 -- Positive factors seen in Vietnam's retail sector would bring opportunities for the domestic real estate market, according to experts. The Ministry of Industry and Trade forecasts that in 2025, the retail market is projected to reach 350 billion USD, contributing 59% of the total state budget. The retail sector is experiencing positive growth, driven by government initiatives to stimulate domestic consumption, support business activities, and expand the local market. Key growth factors include a large and young population, an expanding middle class, rising young affluent consumers, the rapid growth of e-commerce, increasing tourists, and strong investment from global brands. A survey by Savills Vietnam found that compared...
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