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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The pdf press release has been replaced by the Category Insights chart below.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) 6,831 7,028 7,028 9,452 38.4% 9,452 38.4%
Photography (PH) 679 611 611 801 18.1% 801 18.1%
Major Domestic Appliances (MDA) 6,673 6,709 6,709 7,544 13.1% 7,544 13.1%
Small Domestic Appliances (SDA) 1,447 1,680 1,680 2,123 46.8% 2,123 46.8%
Information Technology (IT) 5,581 6,947 6,947 6,318 13.2% 6,318 13.2%
Telecommunications (TC) 20,456 22,131 22,131 26,314 28.6% 26,314 28.6%
Office Equipment & Consumables (OE) 651 655 655 690 6.0% 690 6.0%
GfK TEMAX ® Vietnam 42,318 45,762 45,762 53,243 25.8% 53,243 25.8%

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
General