Vietnam ranks 4th in world in consumer confidence in Q4 2018

The top three countries were India, the Philippines and Indonesia, whose scores were 133, 131 and 127, respectively. Compared to the third quarter, Vietnam’s CCI score fell by 7 points.However, with a steady uptrend CCI score throughout the year, Vietnam’s overall confidence level as the year 2018 concluded was still high above the global and regional average of 107 pp and 117 pp, respectively.Globally and regionally, many countries experienced similar CCI downtrends due to uncertainties caused by rising costs and political challenges.Within Southeast Asia, Malaysia had the highest CCI score loss in the fourth quarter, down 9 pp compared to the Q3, finishing the year with 118 points.In the fourth quarter, Vietnamese consumers continued to rank job security (43 percent) and health (43 percent) as their top two key concerns, while 27 percent pointed to work-life-balance as the third...

Customers at a supermarket in Ho Chi Minh City (Photo: VNA

Source: VNA