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Strong performance of IT segment in Vietnam’s technical consumer goods market

GfK TEMAX results of Vietnam, Q1/2020

Hanoi, April 22, 2020 – The technical consumer goods (TCG) market in Vietnam registered a decrease by - 4.2 percent in Q1 2020, compared to Q1 2019. 

There were excellent performances in the Information Technology (IT) and Office Equipment And Consumables (OE). Otherwise, Consumer Electronics (CE), Small Domestic Appliances (SDA), Major Domestic Appliances (MDA) Photography (PHO), and Telecomunications (TC) 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The pdf press release has been replaced by the Category Insights chart below.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 2020
Q2 2019 B. USD Q3 2019 B. USD Q4 2019 B. USD Q1 2020 B. USD Q1 2020 / Q1 2019 / +/- % Q1 2020 B. USD Q1 2020 / Q1 2019 +/- %
Consumer Electronics (CE) 0 0 1 nan nan% nan nan%
Photography (PH) 0 0 0 nan nan% nan nan%
Major Domestic Appliances (MDA) 0 0 0 nan nan% nan nan%
Small Domestic Appliances (SDA) 0 0 0 nan nan% nan nan%
Information Technology (IT) 0 0 0 nan nan% nan nan%
Telecommunications (TC) 1 1 1 nan nan% nan nan%
Office Equipment & Consumables (OE) 0 0 0 nan nan% nan nan%
GfK TEMAX ® Vietnam 2 2 2 nan nan% nan nan%
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