According to a survey conducted in December 2022, about 54 percent of the respondents in Vietnam said that they intended to spend less on luxury goods in the next six months. Due to the impact of the COVID-19 epidemic, around 42 percent of respondents expected to cut back their travel expenses and some 38 percent reduced their spending on electronic devices.
Share of consumers who expected to spend less in the next six months as of December 2022, by category
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Share of respondents
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PwC Vietnam. (April 5, 2023). Share of consumers who expected to spend less in the next six months as of December 2022, by category [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/
PwC Vietnam. "Share of consumers who expected to spend less in the next six months as of December 2022, by category." Chart. April 5, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/
PwC Vietnam. (2023). Share of consumers who expected to spend less in the next six months as of December 2022, by category. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/
PwC Vietnam. "Share of Consumers Who Expected to Spend Less in The next Six Months as of December 2022, by Category." Statista, Statista Inc., 5 Apr 2023, https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/
PwC Vietnam, Share of consumers who expected to spend less in the next six months as of December 2022, by category Statista, https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/ (last visited August 24, 2024)
Share of consumers who expected to spend less in the next six months as of December 2022, by category [Graph], PwC Vietnam, April 5, 2023. [Online]. Available: https://www.statista.com/statistics/1389562/vietnam-share-of-consumers-who-will-cut-spending-by-category/