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

GfK TEMAX results for Vietnam, Q3 2017

Hanoi, November 03, 2017 – The technical consumer goods (TCG) market in Vietnam registered a significant increase of 9.6 percent in Q3 2017, compared to Q3 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, 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The pdf press release has been replaced by the Category Insights chart below.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 Q3 2017
Q4 2016 B. VND Q1 2017 B. VND Q2 2017 B. VND Q3 2017 B. VND Q3 2017 / Q3 2016 / +/- % Q1-Q3 2017 B. VND Q1-Q3 2017 / Q1-Q3 2016 +/- %
Consumer Electronics (CE) 9,456 10,809 7,522 8,982 27.8% 27,313 15.2%
Photography (PH) 801 821 726 646 5.6% 2,193 5.4%
Major Domestic Appliances (MDA) 7,544 8,840 7,792 8,248 22.9% 24,879 14.6%
Small Domestic Appliances (SDA) 2,123 1,985 1,601 1,763 4.9% 5,349 6.3%
Information Technology (IT) 6,318 6,002 5,653 6,795 -2.2% 18,450 -0.8%
Telecommunications (TC) 26,327 26,131 23,910 23,882 6.0% 73,924 12.9%
Office Equipment & Consumables (OE) 690 296 299 293 -55.2% 888 -56.5%
GfK TEMAX ® Vietnam 53,260 54,884 47,502 50,609 9.6% 152,995 10.4%

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