The Declining Trend of Electronics Store in Vietnam
In recent years, Vietnam has witnessed a notable decline in the number of physical electronics retail stores. This trend marks a stark contrast to the rapid expansion of the market that was seen in the years leading up to the mid-2010s[1]. The main driver behind this shift is the rise of e-commerce, coupled with the fast-paced digital transformation that is changing consumer behaviors. Online shopping, which offers convenience and competitive pricing, has become increasingly popular, reducing the demand for traditional brick-and-mortar electronics stores
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