Vietnam will have between 1,200-1,300 supermarkets and 180 commercial
centres by 2030, under a master plan approved by the Ministry of Industry and
Trade (MoIT).
This marks an increase of 585-695
in the number of supermarkets recorded nation-wide in 2011, while the number of
commercial centres will go up by 82.
Not surprisingly, the highest
number of both supermarkets and commercial centres will be located in Hanoi and
HCM City.
The plan targets building a
modern network of supermarkets and commercial centres based on a "logical
structure of systems" and distribution channels with the participation of
all economic sectors and types of organisations.
The development will take place
in a competitive environment under the State's macroeconomic management and
regulations.
The plan envisages that the
network of supermarkets and commercial centres will become the major retail
channel of goods in the domestic market.
It expects that the circulation
speed of goods is accelerated, and that their price and quality remain stable.
Retail sales via the expanded
network are predicted to increase by between 26 and 27 per cent per year until
2015 and by 29 and 30 per cent per year during the 2016-2020 period.
The network would also account
for between 27 and 30 per cent of the country's total sales in 2015 and for
this ration to increase to 43 and 45 per cent in 2020.
To realise targets outlined in
the plan, relevant agencies will create a favourable investment environment for
organisations, individuals and enterprises in different economic sectors,
particularly for outlets in remote areas.
The trade ministry's supermarket
development plan is touted as a "handbook" that retail enterprises
can use to design their own development plans.
VIR/VNA
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