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Vietnam macro market trend (Q2, 2020)

The report is the summary of: Vietnam retail sales data from GSO. Vietnam consumer price index data from GSO. Vietnam car sales trend from VAMA. Vietnam motorbike sales trend from VAMM. International visitors to Vietnam from GSO

Popularity of Korean and Japanese contents
Popularity of Korean and Japanese contents

Retail sales and services had a rapid decline in the first four months of 2020 and hit the lowest point in April. However, the situation has been better since May.

In average, CPI of the first half year of 2020 increased 4.19% compared with first 6 months of 2019.

Car sales in the first half of 2020 decreased by 29% compared with the same period in 2019.

Motorbike sales in the 1Q 2020 dropped by 3% compared with the 1Q 2019.

In the first half of 2020, the number of international visitors to Vietnam dropped by 56% compared with the figure in 2019.

This report was made in July 2020

Q&Me Vietnam Market Research

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