- The number of modern trade stores in Vietnam has increased overall since 2018, with some store types like convenient stores and drug stores increasing substantially, while others like department stores and fashion stores saw more modest growth.
- However, some chains also saw decreases in stores due to restructurings, such as Vinmart closing some locations and restaurant chains Mon Hue and Pho Hung shutting down.
- The report provides store count data for 2020 and comparisons to 2018 and 2019 for various retail store formats in Vietnam like supermarkets, convenience stores, department stores, fashion stores, coffee shops, and food chains.
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Vietnam retail store statistic 2020
1. Q&Me is online market research provided by Asia Plus Inc.
Vietnam retail store (modern trade) trend 2020
Asia Plus Inc.
2. Overview
Vietnam’s retail store landscape has changed
drastically. Although there are more modern trade
stores, we see the turmoil as some increased
their store numbers while others face
restructurings. This report illustrate the number of
stores counted from the information at each
website.
The store counting is as of March, 2020.
• The store numbers in the report are based on the desktop research.
• Some new stores are added in 2020. In those cases, we did not include
those stores in 2018/ 2019/2020 comparison.
• 2018 data is as of April, 2019 data is as of April
• The numbers can be affected by the COVID-19 pademic
4. Store expansion of Mobile World group
The Gioi Di Dong, Dien may Xanh, Bach hoa Xanh, all under Mobile World
Investment Joint stock comany has expanded its stores nation-wide
512
1214
2019 2020
Bach hoa Xanh
* 2019 data was collected in April 2019
798
1026
2019 2020
Dien may Xanh
1817
1929
2019 2020
The Gioi Di Dong
5. 2019-2020: New launches / expansions
Uniqlo opened its first store in
Vietnam in 2019. Now Japanese
retail giant has the shops both in
HCM and Hanoi
GG25, Korean CVS chain, has
started its franchisees. They aim
at opening 2500 stores
nationwide in 10 years.
6. 2019-2020: Restructuring / Exit
Vietnam restaurant chain Mon
Hue, along with sister chains
such as Pho Ong Hung and 99
houses of Pho, has closed down
Vingroup announced the reorganization plan that
include Vingroup and VinEco to be taken over by
Masan group. Masan will close 100-300
Vinmart+ while opening 10-30 new Vinmart.
It also announced the shutdown of VinPro, their
electronic chain business.
8. 86 90 91
63 73 49
143
173
156
292
336
296
2018 2019 2020
HCM HN Others Total
Name HCM HN Others Total
AEON Citimart 18 2 4 24
BigC 9 6 20 35
CoopMart 44 6 78 128
Emart 1 0 0 1
FiviMart 0 0 0 0
Lanchi Mart 0 12 13 25
Mega Market 3 3 13 19
Sakuko 3 15 15 33
Satra Mart 1 0 0 1
VinMart 16 20 28 64
Total 95 64 171 330
Supermarket
*The above graph figure does not include: Sakuko (added 2019), Satra (added in 2020)
Number of supermarket has decreased by 12% because Vinmart have closed
some stores
9. 1100
1443 1546
467
620
877
133
432
1549
1700
2495
3972
2018 2019 2020
HCM HN Others Total
Name HCM HN Others Total
7 Eleven 33 0 0 33
Bach Hoa Xanh 463 0 751 1214
B's Mart 109 0 0 109
Cheers 39 0 3 42
Circle K 212 154 26 392
Family Mart 126 0 21 147
GS25 54 0 0 54
Mini Stop 139 0 2 141
Satrafoods 183 0 0 183
Vinmart+ 652 723 1495 2870
Zakkamart 38 0 5 43
Total 2048 877 2303 5228
Convenient store / Mini super
*The above graph figure does not include: Bach Hoa Xanh (added this in 2019), Cheers (added 2020)
Number of convenient storre has increased by 60% because the increase of
Vinmart+ in sub-areas
10. 26 27 26
11 14 16
41
55
65
78
96
107
2018 2019 2020
HCM HN Others Total
Name HCM HN Others Total
Vincom 13 10 54 77
AEON Mall 2 2 1 5
Crescent Mall 1 0 0 1
Diamond 1 0 0 1
LotteMart 4 3 8 15
Parkson 2 0 2 4
Robins 1 1 0 2
Takashimaya 1 0 0 1
VivoCity 1 0 0 1
Total 26 16 65 107
Department store
Number of department store has increased by 11% compared with 2018
11. Name HCM HN Others Total
Daiso 5 1 0 6
Hachi Hachi 5 0 0 5
Ilahui 6 1 27 34
Komonoya 6 3 1 10
Minigood 15 0 0 15
Miniso 15 16 16 47
Moji 5 6 0 11
Mumuso 12 5 20 37
Usupso 1 0 0 1
Yoyoso 1 0 3 4
Total 71 32 67 170
Mini store
Mini store has increased slightly between 2018 and 2020
73 76 71
33 31 32
47
56 67
153
163
170
2018 2019 2020
HCM HN Others Total
12. 259
358
463
13
26
43
68
108
173
340
492
679
2018 2019 2020
HCM HN Others Total
Drug store
Number of drug store has increased by 38% thanks to Pharmacity and Long
Chau
Name HCM HN Others Total
An Khang Pharmacy 20 0 0 20
ECO pharma 10 0 0 10
Guardian 74 19 7 100
Long Chau 51 3 35 89
Medicare 24 4 57 85
Phano Pharmacy 41 0 21 62
Pharmacity 224 16 53 293
SK Pharmacy 12 0 0 12
Total 463 43 173 679
13. Electric chain
Number of electric chain has increased by 11% thanks to the increase of Dien
may xanh and The gioi di dong
Name HCM HN Others Total
Cho Lon 19 0 52 71
Dien may xanh 116 83 827 1026
Nguyen Kim 19 9 42 70
Pico 0 13 15 28
The gioi di dong 265 138 1526 1929
Thien Hoa 12 0 5 17
Tran Anh 0 0 0 0
VinPro 0 0 0 0
Total 431 243 2467 3141
346 371 431
238 263 243
2043
2207
2467
2627
2841
3141
2018 2019 2020
HCM HN Others Total
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customers would like to research. 500,000 members
0%
1%
18%
31%
22%
14%
7%
3% 3%
1%
Age
19%
18%
6%
4%3%3%
47%
HCM Hanoi Can Tho Da Nang
Hai Phong Dong Nhai Others
56%
44%
Male Female
Gender City
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97%
QUALITY CHECK SURVEY SPECIFICATION
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IR (Incident rate) 100%
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THE RESULTS
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Average score
in the industry
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Solutions. Asia Plus (Q&Me) is the preferred partner of SSI in Vietnam.
Our quality score by SSI
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