With over 350 outlets in Vietnam Online Grocery Market, the Supply side has been doing well. Is the Demand sufficient for a Robust Growth?: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The country has over 8 players partnering with over 40 logistics companies actively in order to fulfill the demand, says a report by Ken Research 1. “Supply taken care of:” The supply side infrastructure of Vietnam Online Grocery Market is positioned well as a result of various initiatives by the government & companies themselves. Click to Read Full Article: Vietnam Online Grocery Market The online grocery market in Vietnam is well positioned to fulfill the current demands of the industry as a result of various initiatives undertaken by the government & the companies themselves. In May 2020, the government of Vietnam approved the e-commerce development master plan that aims to promote the e-commerce by narrowing the gap between major cities and localities and building a sustainable virtual market. Rising income levels have also led to a change in the spending pattern. The middle-income class in Vietnam has been growing steadily over the past ten years. During the period 2016 – 2021 it was observed that the middle-income population in Vietnam increased at a CAGR of 10%, it accounted approximately 13% of the total population, and is expected to grow by 26% by the end of the year 2026. With over 61 Mn active internet users, Vietnam has a well-positioned market for e-commerce. 2. The rising internet penetration & working professionals alongside some perks arising out of online grocery shopping has tilted the preference towards online platforms. To learn more about this report Download a Free Sample Report The most beneficial factor of shopping online was identified as a possibility to compare prices and buy at a lower price. Customer would prefer the operator that would offer similar products at a lower price. Moreover, promotion techniques such as coupons, free samples, discounts, cashback offers has increased the chances of customer retention. Hassle free payment, return & refund experience is an important factor in a purchasing decision and has lured customers towards online shopping. Furthermore, a clear return policy gives consumers a feeling of security which is often not the case in offline purchases. When it comes to working professionals, faster delivery is something that has attracted them alongside rising internet penetration rate which stood at over 61 Mn in 2020. All in all, the online shopping trend is picking up pace with over 30% of online buyers being frequent in nature placing the order 3-5 times a month. 3. “Demand to pick up pace:” Increasing demand for fast-delivery of groceries is anticipated to be seen in the upcoming years as people expect more online platforms. Visit this Link: – Request for custom report Increasing service innovation such as Expanding product assortments to ensure 100% product availability at all times. Virtual shopping tour with available products. Enabling consumers to compare products, prices and read labels & Facilitators in terms of shopping lists i.e. multiple family members could add to a common grocery wish list will be expected in the upcoming years. Moreover, improvement in delivery infrastructure is also something that can be expected to be there in the online grocery market in Vietnam. 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