Hai Phong and Ho Chi Minh City are Vietnam’s most economically vibrant cities, achieving the highest GDP per capita in 2023, and potential for future economic growth. However, challenges for the country’s cities may persist in the near term due to the continuing global economic slowdown and the impact of tight financial conditions, and a higher youth dependency rate than more developed countries, particularly in Hue, which is forecast to have the highest youth dependency ratio of 25.3%.
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Overview:
Vietnam Cities Revew is based on Euromonitor’s City Scorecard. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. The scorecard considers indicators across eight key pillars that are at the core of a city’s consumer market development. The scorecard is built by ranking cities in a country/regional context and provides an easy-to-understand system to quickly identify city-specific risks and opportunities.
Euromonitor’s City Scorecard covers over 30 indicators in eight pillars:
• Population
• Consumer Expenditure
• Digital Consumer
• Wealth
• Possession of Household Durables
• Economy
• Labour
• Transport
Vietnam Cities Revew helps to evaluate potential market size by city and formulate a more informed image of the urban consumer. Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Comparative data and newest city insights will help businesses customize and tailor country market entry strategies pinpointing the cities with the most future potential.
The Vietnam Cities Revew market research report includes:
- Major Vietnam cities scorecard
- Detailed ranking of cities in terms of future growth, wealth, labour and other key consumer and economic indicators
- Historic data on population, consumer expenditure, digital consumer and other indicators
- Five-year forecasts of trends and city growth
The Vietnam Cities Revew in Vietnam report answers:
- How does a specific city fair in terms of consumer market attractiveness compared to a country/region?
- Which cities will be the fastest growing in Vietnam?
- What is the consumer market potential in specific cities?
- Which cities in Vietnam have the largest number of wealthy consumers?
- How does the city affordability differ across country and region?
- How does labour productivity differ across cities?
- What is the household profile in different cities?
Vietnam Cities Revew
HEADLINES
The most populous city in Vietnam, Ho Chi Minh City, continues to expand in size
Ho Chi Minh City leads Vietnam in terms of internet connectivity
Vietnam’s highest earners remain concentrated in the capital
Inflation spurred on by increased demand in Ho Chi Minh City
Ho Chi Minh City to remain the largest contributor to Vietnam’s economy by 2028
Traffic congestion is a growing concern for cities in Vietnam
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Inform your marketing, brand, strategy and market development, sales and supply functions This cities review originates from Passport, our Cities market research database.
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