Entrepreneur Le Thi Hang is scouting sites to open two more convenience stores in Hanoi, encouraged by rising sales at her one-year old shop.
“I don’t want to miss this chance,” said Hang, 32, who expects revenue to double this year with the expansion. Sales of food items including instant noodles, fish sauce, sugar, bread and milk are rising, she said.
While the world’s largest emerging economies including Russia, Brazil and China falter, Vietnam’s steady economic growth at near 7% this year will make it among the fastest-growing markets in the world. Rising domestic demand and booming foreign direct investment are helping the Southeast Asian nation counter global threats that’s sparked a wave of stock selling and currency depreciation this year.
That comes as the country begins a leadership transition this week that will set the tone for economic reform and growth. The Communist party’s draft socioeconomic plan for 2016 to 2020 shows the nation will target as much as 7% average annual expansion.
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“I don’t want to miss this chance,” said Hang, 32, who expects revenue to double this year with the expansion. Sales of food items including instant noodles, fish sauce, sugar, bread and milk are rising, she said.
While the world’s largest emerging economies including Russia, Brazil and China falter, Vietnam’s steady economic growth at near 7% this year will make it among the fastest-growing markets in the world. Rising domestic demand and booming foreign direct investment are helping the Southeast Asian nation counter global threats that’s sparked a wave of stock selling and currency depreciation this year.
That comes as the country begins a leadership transition this week that will set the tone for economic reform and growth. The Communist party’s draft socioeconomic plan for 2016 to 2020 shows the nation will target as much as 7% average annual expansion.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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