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Duc Hoa Insightsas of Oct 2026
Population size
350 K People
Population growth
1.2%
Age distribution
0-14: 23%
15-64: 70%
65+: 7% percent
15-64: 70%
65+: 7% percent
Household size
3.6 People
Household composition
75% nuclear
25% extended families percent
25% extended families percent
Education level
65% secondary or higher percent
Median household income
72,000,000 VND/year
Employment rate
94 %
Job growth
3 %
Dominant industries
Agriculture: 45%, Manufacturing: 35%, Services: 20% percent
Cost of living index
55 index (HCMC=100)
Retail sales per capita
2,500 USD/year
Disposable income
3,000 USD/year
Spending behavior by category - apparel, dining, electronics
Apparel: 15%, Dining: 25%, Electronics: 10% percent
Existing retail mix
Local markets 60%, Small shops 30%, Supermarkets 10% percent
Number of competitors
150 shops
Market saturation
40 percent
Presence of anchor tenants
Limited, 2 major supermarkets tenants
Foot traffic from nearby businesses
5,000 daily visitors
Rent costs
200 USD/sqm/year
Property values
1,500 USD/sqm
Zoning laws
Mixed-use zones predominant
Business permits
30 days
Availability of retail space
20,000 sqm
Proximity to major roads
5 km to highway
Public transportation access
Moderate, bus routes available
Parking availability
500 spaces
Pedestrian traffic
2,000 daily
Vehicle traffic
10,000 vehicles/day
Public transport accessibility
70 percent
Commute times
45 minutes
Work patterns
60% local, 40% commute to HCMC percent
Shopping preferences
Traditional markets preferred
Brand affinity
Local brands 70%, International 30% percent
Consumer loyalty
High to local vendors
Entertainment and leisure trends
Local festivals and outdoor activities
Crime statistics
Low, 50 incidents/100,000 rate
Shoplifting rates
2 percent
Public safety measures
Community policing and CCTV in key areas
Tourist spending
100 USD/visitor/year
Tourist footfall
50,000 visitors/year
Major local events
Tet festival and agricultural fairs
Seasonal attractions
Rice harvest season peaks
E-commerce penetration
30 %
Click-and-collect adoption
15 %
Local preference for in-store shopping
80 %
Total retail space
100,000 sqm
Retail space per capita
0.29 sqm/person
Projected growth in retail space
5 %
Retail leakage rate
25 %
Sustainable retail demand
Moderate, growing with industrialization
Major upcoming retail projects
1 planned supermarket expansion projects
Grocery market share distribution - Top 3 retailers & market share
Local markets: 60%, Co.opmart: 20%, Big C: 15% percent
Consumer spending patterns
Food 50%, Essentials 30%, Discretionary 20% percent
Grocery expenditure trends
Increasing 4% annually percent
Luxury retail performance
Low, 5% of retail sales percent
Top mall shopping preferences
N/A, prefers local markets
Shopping trips to other cities - % of residents
40 percent
Key drivers for mall visits
Variety and promotions
Preferred brand categories - Luxury fashion, Value fashion, etc.
Value fashion 70%, Luxury 10%, Essentials 20% percent
Number of existing malls
0 malls
Total retail footfall - annual visits across malls
500,000 sqm
Retail market gaps
Modern grocery and apparel
Trade area population
400,000 people
Retail potential in catchment area
High due to proximity to HCMC
Projected retail growth rate
4.5 %
Preferred mall layouts
Open-air community style
Public transport access
Good, connected to HCMC
Walkability score
60 score/100
Road infrastructure & car access
Well-developed provincial roads
Parking capacity in comparable malls
300 spaces
Surrounding land use & future developments
Agricultural with industrial zones expanding
Retail Destinations in Duc Hoa
Browse 1 retail destination in Duc Hoa, Vietnam. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Duc Hoa at a Glance
- Total Properties1
- CountryVietnam
