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Vietnam retail store (Modern Trade) trend 2024

Vietnam’s retail store landscape has changed drastically. Here is the latest statistics of number of stores in major retail categories

Vietnam retail store (Modern Trade) trend 2024
Vietnam retail store (Modern Trade) trend 2024

The number of drug chain increase drastically to over 3,200 stores in 2024, driven by Long Chau, while Pharmacity has decreased their store numbers in last one year

Coffee chains / fast food increased by more than 10%. Particularly in the areas of coffee chains and fast foods, the store expansions are outstanding at the sub-cities.

CVS / mini supermarket brands has re-invested in Vietnam to increase their number of stores. The brands including GS25, Mini Stop, Seven Eleven and Co.op foods increased.

With regard to Mobile World Group, the number of their drug chain went up, while the number of their Electronic / IT store and fresh food chain decreased.

Store counting is as of March, 2024

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