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

GfK TEMAX results for Vietnam, Q4 2019

Hanoi, Feb 02, 2020 – The technical consumer goods (TCG) market in Vietnam registered a slight decrease by 0.1 percent in Q4 2019, compared to Q4 2018. 

There were excellent performances in the consumer electronics (CE) sectors, small domestic appliances (SDA), major domestic appliances (MDA) and office equipment and consumables (OE). Otherwise, photography (PHO), Information Technology (IT) 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The pdf press release has been replaced by the Category Insights chart below.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 Q4 2019
Q1 2019 B. VND Q2 2019 B. VND Q3 2019 B. VND Q4 2019 B. VND Q4 2019 / Q4 2018 / +/- % Q1-Q4 2019 B. VND Q1-Q4 2019 / Q1-Q4 2018 +/- %
Consumer Electronics (CE) 14,351 8,519 9,785 12,887 6.7% 45,542 -3.1%
Photography (PH) 637 562 506 558 -18.2% 2,264 -18.5%
Major Domestic Appliances (MDA) 11,453 8,981 9,166 10,107 3.1% 39,707 3.0%
Small Domestic Appliances (SDA) 2,513 1,742 2,138 2,721 17.5% 9,114 13.5%
Information Technology (IT) 4,502 4,550 6,217 5,188 -1.1% 20,458 6.7%
Telecommunications (TC) 25,564 23,145 23,600 24,187 -5.6% 96,496 -4.8%
Office Equipment & Consumables (OE) 162 183 187 191 5.5% 723 10.3%
GfK TEMAX ® Vietnam 59,182 47,683 51,599 55,839 -0.1% 214,304 -1.5%
General