Retail real estate stocks to benefit from rising rentals
Vietnam’s economy is clearly recovering and gross regional domestic product (GRDP) and retail sales are both increasing around the country. According to the General Statistics Office, the total retail sales of consumer goods and services in the first quarter rose 4.4 per cent year-on-year. The business expansion plans of some retailers will also make the market more active, opening up opportunities for retail real estate stocks to break out.