Vietnam

After seeing solid growth in previous years, in 2020 other pet food turned to retail volume decline and slow current value growth. Although the performance is expected to improve in 2021, with a return to retail volume growth, the rates of increase ...

The impact of COVID-19 on pet care in Vietnam has been less serious than in many other countries globally. This is thanks to strong control of the virus due to prompt actions by the government, which helped maintain double-digit growth in both retail...

Although cat food maintained dynamic retail volume and current value growth in 2020, which is set to continue in 2021, the rates of growth have been hampered by the COVID-19 pandemic in these years. Slower growth has been seen than in any other year ...

Dog food continued to see dynamic retail volume and current value growth rates in 2020, and this is expected to continue in 2021. COVID-19 has had only a minor negative impact on the growth rate of dog food, as the country has not been as badly ...

In 2020, pet products saw a slight negative impact from COVID-19, as some consumers cut back their spending on non-essential items due to the economic impact of the pandemic on their disposable incomes. Although the country has not been as hard-hit ...

Small appliance categories saw varying performances in Asia Pacific in 2020 due to Coronavirus (COVID-19). Air treatment products saw a steep decline, for example, but vacuum cleaners recorded a much-improved performance. The former was hit by retail...

Vietnam’s economic growth slowed in 2020, yet remained positive despite the pandemic-induced downturn. The manufacturing sector and exports drove the country’s GDP growth, showing indications of a strong bounceback in the post-pandemic period. Low ...

Major appliances recorded declining sales in Asia Pacific in 2020 as a result of Coronavirus (COVID-19) and the measures taken to contain its spread. However, some products were still seeing positive growth rates, with dishwashers, automatic dryers ...

Demand for retail tissue increased significantly due to the onset of COVID-19, related lockdowns and social distancing measures, as toilet paper and other tissue products were frequently sold out in supermarkets and some stockpiling ensued, resulting...

Away-from-home hygiene sales experienced contraction in light of the COVID-19 pandemic in 2020. Demand for AFH adult incontinence also dropped overall despite higher demand for the products from the rising numbers of elderly consumers being treated ...

Social distancing restrictions and lockdowns in many parts of the country were lifted earlier in Vietnam than elsewhere due to the relative rapid containment of COVID-19. While there was a tendency among some parents to stockpile ...

Vietnam’s elderly population is increasing and in the large cities, healthcare for this demographic has been growing. The newer generations of older people are more active and also have a stable source of income including higher retirement pensions ...

COVID-19 had a slightly positive impact on tissue and hygiene overall in 2020. While all categories of away-from-home tissue suffered sales declines due to the closure of public places as well as the imposition of travel restrictions and social ...

While wipes were introduced in Vietnam more than a decade ago, the category accounted for the smallest share of value sales in Vietnam’s retail tissue and hygiene market in 2020. Baby wipes and general purpose wipes are the only categories that ...

All sanitary protection products maintained steady value sales growth in 2020, although pantyliners, slim/ultra-thin towels with wings and tampons were the best performers, with the pandemic stimulating little change in the levels of growth over the ...

While Vietnam managed to contain COVID-19 better than many other markets during 2020, the measures introduced to contain the virus nonetheless had a huge impact on sales of limited-service restaurants. The government limited the opening of ...

Despite swift measures being taken to contain the spread of COVID-19, Vietnam’s consumer foodservice industry took a heavy hit in 2020, with value sales plummeting across most channels. In the early stages of COVID-19 there was widespread panic with ...

While sales were not as hard hit as those of limited-service restaurants and full-service restaurants, street stalls/kiosks nonetheless still witnessed a sharp decline in sales due to COVID-19. These outlets typically rely on areas with high foot ...

Eat-in orders account for most sales in full-service restaurants and therefore the government’s efforts to control COVID-19 had a huge impact on the channel in 2020. During the lockdown non-essential services, including full-service restaurants, were...

Consumer foodservice through retail fared better than other non-standalone locations in 2020, with these outlets able to continue attracting sales from those out making essential grocery shopping trips. Many busy shoppers made use of the convenient ...