Vietnam's retail and consumer goods market will expand rapidly over the forecast period．Private consumption growth will rise steadily,reflecting fair]y stable price conditions and accelerating wage growth．The Economist
Intelligence Unit expects real GDP tO expand at a healthy average of 6．4％in 2015-19．while consumer expenditure in US dollar terms will rise by 12．1％per year on average． Despite this rapid growth，Vietnam's retail sector will remain smaller than those of most other large countries in South‘east Asia．We forecast that retail sales will stand at US$n8bn in 2018，compared with US$i80bn in the
Philippines，US$151bn in Thailand and US$138bn in Malaysia． Vietnam's middle class will expand rapidly；the proportion of households earning more than US$xo，000 will grow from 10％in 2014 to 25％in 2019．The quality and expense of the average basket of goods will rise as increasingly affluent consumers purchase more imported Western and luxury goods．

Consumer goods and retail report 2

Overview 2

Retail 3

Food and drink 5

Non-food products 9

Industry publishing schedule 13

中国科学技术信息研究所