In March, total retail sales of goods and consumer service revenue rose 10.8% compared to the same period last year, driven by the increasing demand for national holidays, and the growing number of foreign visitors to Vietnam.
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.8% to more than 5.8 quadrillion VND (228.4 billion USD) in January – November, according to the General Statistics Office (GSO).
Hanoi’s total retail sales of goods and services in the first two months of this year were estimated at 122.5 trillion VND (5.16 billion USD), up 12.3% year-on-year, according to the municipal Statistics Office.
The total retail sales of goods and consumer services in Ho Chi Minh City in June was estimated at over 81.4 trillion VND (3.53 billion USD), down nearly 8 percent month-on-month and 5.1 percent year-on-year, reported the municipal Statistics Office.
Singapore’s total retail sales decreased by 52.1 percent in May – the highest decrease since 1986, the country’s Department of Statistics released on July 3.
Hanoi’s Department of Industry and Trade eyes a pickup of 7.7-8.1 percent in export revenue, 8.2 percent increase in Index of Industrial Production (IIP) and 11 percent surge in total retail sales.
The country’s total retail sales revenue reached nearly 2.24 quadrillion VND (98.6 billion USD) in the first seven months of this year, representing a year-on-year increase of 10 percent.
Ho Chi Minh City posted strong economic growth in the first two months of this year, according Vo Van Hoan, Office Chief of the municipal People’s Committee.