Traditional grocery stores adapt to rise of modern retail
Hanoi, Oct. 27 -- Vietnam's retail market continues to expand, but the rapid growth of mini-supermarket chains, convenience stores and e-commerce is putting increasing pressure on traditional grocery stores. To survive, small businesses must improve sales, inventory management and customer service while choosing changes suited to their resources. Competition intensifies in residential areas According to the National Statistics Office, Vietnam's total retail sales of goods and consumer service revenue reached an estimated 5.93 quadrillion VND (229 billion USD) in the first nine months of 2026, up 13.4% year-on-year. However, growth adjusted for price changes stood at only 7.8%, showing that actual purchasing power remains affected by price...
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