Retail is currently one of the fastest growing industries in Vietnam at a rate of 63.7% in just three years. From 2016 to 2017. Retail sales reached US $ 129 billion, an double-digit increase of 11% over 2016. And most prominently, the global retail development index (GRDI) of Vietnam is ranked 6th in the world, showing that our retail market is more attractive and full of potential than ever.
Understanding the need of preparing yourself in order not to miss the opportunity to join the “billion dollar” industry, the The 9th International Premium Sourcing Fair in Vietnam (Vipremium 2018) will hold a series of professional seminar series with the participation of leading experts in the industry, promising to bring participants not only the useful information but also the opportunities to grow on the retail market of Vietnam today.
Topic 1: Retail – How to survive the ‘stormy’ future
In the current economy, every product is produced in extremely large quantities with countless varieties. Each time the customer step into their “shopping paradise”, they always overwhelmed from dozens to hundreds of different choices from a single item.
For the customer, it is a future with a variety of options. But for retailers, this trend is no different from the harsh “storm” that are growing on the market.
How to survive in a “stormy” future like that? Come to the comprehensive seminar at Vipremium 2018 with experts from Sihub – Saigon Innovation Hub.
This exciting event will be held from 10:00 to 16:00, on May 31, 2018, with the following main topics:
– Global Customers of the future – what do they want?
– Innovation – what it means to SMEs?
– Panel – How we innovate
– Case Study: It’s a long way to the top!
– Open Innovation – It’s a mindset game!
Topic 2: Consumer Trend Overview in 2018
According to Nielsen: The economy and the beliefs of Vietnamese consumers are expected to continue reaching higher levels, but the growth of the FMCG market is largely dependent on the enterprises’ ability to adapt changes.
On the retail market, Nielsen figures show that in FY2017 FMCG sales in urban areas grew at 5%. However, this market still has many unstable factors that require businesses to make more efforts to capture sustainable growth opportunities.
What are the efforts? What do businesses need to do to grow stronger in a “stormy” retail market in Vietnam? All will be covered in “What’s next in Vietnam – A Gem in Southeast Asia” by Ms. Ngo Dang Bao Tram – Sr. Manager, Retail measurement Services.
Join this topic on 10 a.m – 10:45 a.m, 1 June 2018.
Topic 3: Import – Export Procedures & Customs Formalities – Hard but Easy
The increasing “flat” world is openning up many opportunities and challenges at the same time. Your merchandise can reach hundreds of markets around the world, which means that the goods of hundreds of markets with diversified advantages are “eyeing” your homeground and willing to enter any time.
To grasp the initiative on this competitive ‘battle’. Both manufacturers, retailers and distributors should be aware of the method, process and main guildlines when participating in the import and export processes, especially with high-end consumer goods with high value.
Insights from Ms. Sharon Thu – Manager of Import Division – T&M Forwardingwith the topic ” Import – Export Procedures & Customs Formalities – Hard but Easy” at Vipremium 2018, from 11:00 to 11:45 on June 1, 2018.
What are you waiting for, join Vipremium 2018 now!