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INTRODUCTION
R E TA I L I N S O U T H E A S T A S I A I S B O O M I N G M O S T C O V E R A G E O F U N O R G A N I S E D R E TA I L S E C T O R G R O W T H I N O R G A N I S E D R E TA I L M A J O R PAY E R S A R E S M A L L C O U N T R I E S G ROW T H O F M N C S M A I N S P O T I S C H I N A E C O N O M I C G R O W T H
INDIA
CHINA
SOUTHEAST ASIA
RETAILING IN THAILAND
Grow in retail is slow
RETAIL IN VIETNAM
Vietnam was ranked in 14th position out of 30 countries in having the most attractive retailing industry worldwide. 4th position in attraction foreign investors Government continued to encourage local players to participate in the retailing industry to stimulate growth. Improving customer service to increase their reputation and competitive position in the market.
SM Investments Corp strengthened its position in retailing. It is expected that the retailing giant will continue to improve its position as it builds more stores in the real estate properties that it developed in 2010
Grocery retailers maintained their lead in retailing in 2010. Grocery retailing is dominated by major players in Singapore
Major players expanding their reach with the opening of new stores, and a shift in consumers shopping habits The Singapore Tourism Board has reported that it aims to attract 17 million visitors, and have annual tourism revenue of S$30 billion by 2015 Retailing is expected to see a healthy performance over the forecast period. The economy is expected to continue to recover, and Singapore is expected to remain competitive to attract investment
Young demographic profile. Growing middle class incomes. Improving demand from rural markets. Low share of organized retailing. Increase in investment. Increase in expenditure on luxury & fashion. Globalization Policy Density Different taste. Keen to brand name
CONCLUSION Organized Retail is growing at a very fast rate in Southeast Asian countries.
It is the most growing sector in future which will provide more to GDP and generate employment .
Total retail market in Southeast Asia stands at USD 750 billion in 2007-08 and estimated to attain USD 1182 billion by 201213. Organized retail industry accounts for only 15% of total retail industry and expected to reach 20% by 2012.