31st Sea Games - Vietnam 2021 Covid-19 Pandemic

Retail Sector

Private consumption now Vietnam’s main growth driver: HSBC

Private consumption now Vietnam’s main growth driver: HSBC

Vietnam has the second-largest consumption share in ASEAN, with the potential to outpace the Philippines soon. This should change the popular perception about ASEAN, in which Indonesia and the Philippines are usually considered the major domestic-oriented economies.