This industry is experiencing a remarkable boom, especially in Vietnam, where an increasing number of fitness studios are springing up, driven by economic growth, lifestyle changes post-COVID-19, and the rise of fast-food culture. In this comprehensive blog post, we''ll explore the latest trends shaping the industry''s transformation, present ...
The Vietnam IT Services market faces several challenges as it expands and matures. One of the primary challenges is the shortage of skilled IT professionals to meet the growing demand for services. The competition for talent in the IT industry is fierce, which can lead to talent acquisition and retention challenges.
Investments by market players to boost the number of travelers from these countries and offer affordable and quality services to international tourists is expected to bolster the Vietnam hospitality & tourism market growth. Vietnam Hospitality Market Trends Rise in Number of Visitors to the Country is Driving the Hospitality Industry
The COVID-19 pandemic had notable impacts on the Vietnam sports apparel market. With lockdowns and restrictions in place, there might have been disruptions in retail operations, affecting sales of non-essential items like sports apparel. However, the pandemic also led to increased interest in health and fitness activities among some consumers ...
The Vietnam Seed Market is expected to reach USD 357.42 million in 2024 and grow at a CAGR of 4.69% to reach USD 470.65 million by 2030. Bayer AG, Enza Zaden, Groupe Limagrain, Known You Seed Co. Ltd and Vietnam National Seed Group (VINASEED) are the major companies operating in the market. ... OTHER KEY INDUSTRY TRENDS …
However, Vietnam is still in Group A with a spectacular market research growth of more than 10%, an impressive figure compared to the world average of 6.5%. However, this industry in Vietnam is still quite nascent …
Business Trends in Vietnam for 2022. To understand which markets and industries will benefit from the business trends emerging in Vietnam in 2022, read more below. March 2022, by YCPS Marketing & Communication …
Vietnam Paint And Coating Market Competition 2023. Vietnam Paint And Coating market currently, in 2023, has witnessed an HHI of 1596, Which has increased slightly as compared to the HHI of 1328 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries.
Manufacturing has been the nucleus of Vietnam''s exceptional growth. We look at why complex new conditions may mean that the industry has to reinvent itself.
Topics Covered in the Vietnam Pastries And Cakes Market. Vietnam Pastries And Cakes Market report thoroughly covers the market by product type, by types, by sector, and by distribution channel. The Pastries And Cakes Market Outlook report provides an unbiased and detailed analysis of the ongoing Pastries And Cakes Market trends, …
Statistics for the 2023 & 2024 Hospitality Industry In Vietnam market trends, created by Mordor Intelligence™ Industry Reports. Hospitality Industry In Vietnam trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download. Download Free Sample Now.
According to the Vietnam General Statistics Office, the country''s consumer price index (CPI) will rise by 3.15% annually in 2022, meeting the National Assembly''s goal of keeping the inflation rate below 4%. The government expects inflation in Vietnam to decrease from around 5% in the first quarter of 2023, with lower global energy …
Vietnam Automotive Aftermarket Market and Analysis Report – Opportunities and Forecast 2024-2031. Vietnam Automotive Aftermarket Market present significant opportunities, with over millions of passenger vehicles are currently out of warranty in 2023, and the passenger cars with an out of warranty population is projected to grow at a robust ...
Vietnam Plastics - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029. The Vietnam Plastics Market size is estimated at 10.92 Million tons in 2024, and is expected to reach 16.36 Million tons by 2029, growing at a CAGR of 8.44% during the forecast period (2024-2029). The COVID-19 pandemic affected the Vietnamese ...
Vietnam is currently facing a shortage of skilled labour, and its labour productivity is lower than its neighbours in Southeast Asia (e.g., 7.5% of Singapore''s and 17% of Malaysia''s in 2015). Moreover, a recent survey by Vietnam''s Chamber of Commerce and Industry said TVET graduates lack industry-specific skills and other soft skills.
The Vietnam Freight and Logistics Market is expected to reach USD 48.57 billion in 2024 and grow at a CAGR of 6.75% to reach USD 71.88 billion by 2030. Bee Logistics Corporation, Kuehne + Nagel, PetroVietnam Transport Corporation, Vietnam Maritime Corporation and ViettelPost (Viettel Logistics Co. Ltd) are the major companies operating …
The Vietnam Algorithmic Trading Market is on the rise due to the increasing sophistication of financial markets and the demand for automated trading strategies. As the Vietnamese financial sector expands and diversifies, algorithmic trading is gaining prominence for its ability to execute high-frequency trades and manage portfolios efficiently.
Investment environment in Vietnam . Despite global economic shifts and political uncertainties, Vietnam remains a top investment destination in Southeast Asia. Its …
The Vietnam Construction Market size is estimated at USD 69.20 billion in 2024, and is expected to reach USD 102.20 billion by 2028, growing at a CAGR of 8.10% during the forecast period (2024-2028). Vietnam has risen to prominence as the most recent East Asian growth engine, attracting the attention of international investors.
Industrial land performed well across regions. Trends to watch: The reopening of China is expected to boost Vietnam''s economy. Due to limited landbank in …
Vietnam ICT - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029. The Vietnam ICT Market was valued at USD 8.30 billion the previous year and is expected to grow at a CAGR of 8.31%, reaching USD 13.32 billion by the next five years. The Vietnam ICT market is primarily driven by the increasing government ...
Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in Vietnam. Includes comprehensive data and analysis, tables and …
Market Trends of vietnam foodservice Industry. Cloud kitchen outlets are the fastest-growing, and they are projected to register a CAGR of 3.72% during the forecast period. One of the primary drivers of the cloud kitchen market in Vietnam is the growing demand for online food delivery services, such as GoFood, GrabFood, Baemin, and Lala.
GlobalData''s Construction in Vietnam - Key Trends and Opportunities to 2028 (Q1 2024) report provides detailed market analysis, information and insights into Vietnam''s construction industry, including - Vietnam''s construction industry''s growth prospects by market, project type and construction activity; Critical insight into the impact of ...
Vietnam LED Lighting Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 The Vietnam LED lighting market size reached US$ 647.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 982.8 Million by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
The Vietnamese government estimates a growth rate of 8% for 2022. This growth rate is nearly twice the ASEAN average of 4-5%. Future''s growth is driven by …
Vietnam Welding Equipment market currently, in 2023, has witnessed an HHI of 2713, Which has increased slightly as compared to the HHI of 1776 in 2017. The market is moving towards concentrated. Herfindahl index measures …
Regardless of its cuisine''s global fame, Vietnam''s domestic food and beverage (F&B) industry is also steadily gaining in market value. The F&B industry had been growing at a fast rate before the Covid-19 pandemic, attributed to a cocktail of positive trends like population growth, increasing household incomes, and shifts in consumer behavior.
The retail industry in Vietnam is experiencing significant growth, driven by increased consumer spending, urbanization, and technological advancements. The expanding Vietnam retail market is segmented by …
Vietnam Retail - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029. The Vietnam Retail Market size is estimated at USD 276.37 billion in 2024, and is expected to reach USD 488.08 billion by 2029, growing at a CAGR of 12.05% during the forecast period (2024-2029). While the COVID-19 crisis impact was felt globally ...
Vietnam Home Bedding market currently, in 2023, has witnessed an HHI of 6944, Which has increased slightly as compared to the HHI of 4858 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a …
The Vietnam Art and Sculpture Market encapsulate the nation`s rich cultural heritage and its contemporary artistic expression. With a vibrant community of artists and sculptors, the market reflects a diverse range of styles, themes, and mediums. Vietnam`s historical and cultural influences are evident in traditional art forms, while modern and ...