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Retail, service sales up 6.5 percent in September

The total retail sales of consumer goods and services in September increased 65.5 percent against August as production, business and service activities resumed in some localities after the COVID-19 is put under control.
Retail, service sales up 6.5 percent in September ảnh 1 Customers go shopping at BRG Food Supermarket. (Photo: VNA)
Hanoi (VNA) – The total retail sales of consumer goods and services in September increased 65.5 percent against August as production, business and service activities resumed in some localities after the COVID-19 is put under control.
Accordingto the Ministry of Industry and Trade (MoIT), due to the COVID-19 pandemic, thecountry’s total retail sales and services revenue in the first nine months ofthis year hit 3.336 quadrillion VND (148 billion USD) and 7.1 percentyear-on-year decrease.

Retail sales of goods in the period was estimated at 2.779 quadrillion VND,accounting for 82.54 percent of total retails sales of goods and services and a decline of 3.38 percent compared with last year’s figure.

Revenuefrom accommodation and catering services reached 279.4 trillion VND, down 22.14percent year-on-year. Revenue from tourism and other types of services obtained 4.63trillion VND and 303.97 trillion VND, fell 64 percent and 19.3 compared withthe same period last year.

Inthe coming months, the Ministry will implement some measures including removingdifficulties, quickly resuming production and business activities, especially makinguse of high demand for goods at the year-end to offset standstill over the pastmonths.

TheMinistry will use opportunities from free trade agreements and removeobstacles to penetrate into new markets. Online trade promotion and business matchingactivities will be strengthened to push up the consumption of goods, it said./.
VNA

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