ANZ: Consumer confidence increases in 2015

16:23 | 26/02/2015

VGP – Viet Nam Consumer Confidence has risen sharply to 142.3 (up 6.9 points) in February with large increases in confidence for all indicators and still above the 2014 average of 133.3, according to the ANZ Viet Nam Bank and Roy Morgan Research.

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In term of personal finances now, 58% (up 5%) of Vietnamese said their families will be better off financially this time next year compared to just 7% (up 1%) who expect to be worse off financially.

Over the next 12 months, 58% (up 8%) said that Viet Nam will have good times financially and only 13% (down 1%) expect bad times financially.

Looking further ahead, 66% (up 9%) expect Viet Nam will have good times economically over the next five years, compared to 8% (up 1%) who expect bad times economically.

Glenn Maguire, Chief Economist for South Asia, ASEAN and Pacific at ANZ Research revealed that this year will become a prosperous year for Vietnamese households.

The survey shows that Viet Nam is optimistic to narrow the gap between domestic and external growth rates in 2015.

By Thuy Dung