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Strong performances in five of seven sectors in Vietnam’s technical consumer goods market

GfK TEMAX results for Vietnam, Q1 2017

Hanoi, June 1, 2017 – The technical consumer goods (TCG) market in Vietnam registered a significant increase of 7.8 percent in Q1 2017, compared to Q1 2016.

There were excellent performances in the consumer electronics (CE) sectors, telecommunications (TC), small domestic appliances (SDA), major domestic appliances (MDA) and photography (PHO). Otherwise, both Information Technology (IT) and office equipment and consumables (OE) sector were the disappointing sectors with a negative growth.

The pdf press release has been replaced by the Category Insights chart below.

Table summary

Vietnam Q1 2017
Q2 2016 B. VND Q3 2016 B. VND Q4 2016 B. VND Q1 2017 B. VND Q1 2017 / Q1 2016 / +/- % Q1 2017 B. VND Q1 2017 / Q1 2016 +/- %
Consumer Electronics (CE) 7,054 7,262 9,767 11,163 9.9% 11,163 9.9%
Photography (PH) 679 611 801 821 3.8% 821 3.8%
Major Domestic Appliances (MDA) 6,673 6,709 7,544 8,840 6.2% 8,840 6.2%
Small Domestic Appliances (SDA) 1,452 1,685 2,128 1,991 4.3% 1,991 4.3%
Information Technology (IT) 5,581 6,947 6,319 5,121 -15.6% 5,121 -15.6%
Telecommunications (TC) 20,464 22,539 26,327 26,131 16.3% 26,131 16.3%
Office Equipment & Consumables (OE) 652 655 691 296 -59.8% 296 -59.8%
GfK TEMAX ® Vietnam 42,554 46,407 53,576 54,362 7.8% 54,362 7.8%

Economic data 2016

Vietnam
  • 6.2
    GDP growth in %
  • 2,173
    GDP per capita in USD
  • 2.2
    Unemployment rate in %
  • 2.7
    Inflation rate, avg. consumer prices in %
  • 27,697,500
    Number of households
  • N/A
    Purchasing power per household in EUR
Data for GDP, unemployment and inflation rate by World Bank, IMF, ILO, National statistics portals; Data for number of households and purchasing power by GfK GeoMarketing
General