Vietnam's retail store landscape is rapidly changing, with the big rise and of modern trade stores, and the aggressive M&A from the giant groups.
The modern trade increase more outstanding in second cities (HCMC and Ha Noi) Vingroup leads modern trade increase, with dominant share in department, convenience store (Vingroup + Shop & Go) and supermarket.
Despite of the strong MT increase, the competitions are getting more severe. Several M&A as well as exit from the market
Convenience store are on the increase, but some might be behind from their original plan.