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

GfK TEMAX results for Vietnam, Q1 2019

Hanoi, April 30, 2019 – The technical consumer goods (TCG) market in Vietnam registered a slight decrease of 2.2 percent in Q1 2019, compared to Q1 2018. 

There were excellent performances in the small domestic appliances (SDA), Information Technology (IT), and office equipment and consumables (OE). Otherwise, consumer electronics (CE), telecommunications (TC), major domestic appliances (MDA) and photography (PHO) 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The pdf press release has been replaced by the Category Insights chart below.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 2019
Q2 2018 B. VND Q3 2018 B. VND Q4 2018 B. VND Q1 2019 B. VND Q1 2019 / Q1 2018 / +/- % Q1 2019 B. VND Q1 2019 / Q1 2018 +/- %
Consumer Electronics (CE) 10,450 9,545 12,076 14,351 -3.7% 14,351 -3.7%
Photography (PH) 740 666 683 637 -7.9% 637 -7.9%
Major Domestic Appliances (MDA) 8,570 8,701 9,804 11,453 -0.2% 11,453 -0.2%
Small Domestic Appliances (SDA) 1,617 1,846 2,316 2,513 11.8% 2,513 11.8%
Information Technology (IT) 4,602 5,932 5,245 4,502 32.3% 4,502 32.3%
Telecommunications (TC) 24,276 23,773 25,614 25,564 -7.5% 25,564 -7.5%
Office Equipment & Consumables (OE) 165 173 181 162 19.2% 162 19.2%
GfK TEMAX ® Vietnam 50,420 50,637 55,919 59,182 -2.2% 59,182 -2.2%

Economic data 2017

Vietnam
  • 6.8
    GDP growth in %
  • 2,350
    GDP per capita in USD
  • 2.1
    Unemployment rate in %
  • 3.5
    Inflation rate, avg. consumer prices in %
  • 28,902,600
    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; Updated: 5 May 2018
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