4-6 November 2021
International Shop & franchise Show. VIETRF is the marketplace where franchisors & sellers have the opportunity to meet master franchisees, sub franchisees, distributors, wholesalers, dealers, retailers, buyers & decision makers from Vietnam & beyond
Why VIETNAM?
Double digit growth forecast
Retalling in Vietnam is forecast to reach USD 173 billion by 2023, an increase of 6196 from USD 108 billion in 2018 (According to Euromonitor International)
E-commerce booming
E-commerce growth is forecast to double to USD 10 billion in 2020 from USD 5 billion in 2016. Vietnam is the second fastest growing e-commerce market
behind Indonesia (according to a report by Google and Temnasek)
Expanding middle and affluent
class The Baston Consulting Group say Vietnam´s "middle and affluent class" Is expected to double to 33 million people by 2020. Vietnam´s expanding milddle class and rising Income levels also pose attractive opportunities for consumer and the retail sector
Household spending growth
Total household spending is forecasted to grow by 50% from USD 132 billion in 2018 to USD 198.2 bllion in 2022 (accord- ing to Fitch Solutions). This strong growth fosters fast growth in franchise sector and E-commerce market.
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