Hanoi’s retail sales, services revenue up 9.4% in October
Hanoi’s total retail sales of goods and consumer services revenue reached VND77.5 trillion (over US$3 billion) in October, up 2.7% month-on-month and 9.4% year-on-year, according to the municipal People’s Committee.
Specifically, the retail sales of goods reached VND48.5 trillion, hotel and restaurant revenue VND11.2 trillion, tourism revenue VND2.6 trillion, and other service revenue VND15.2 trillion, up 9.6%, 10.4%, 32.1% and 4.9% year-on-year respectively.
In the first ten months of 2024, total retail sales of goods and consumer service revenue in the capital city hit VND699.2 trillion, 10.7% higher than that of the same period last year.
Of which, the retail sales of goods rose by over 10.7% year-on-year to VND441.4 trillion, food and foodstuffs 13.7%, wood and construction materials 12.8%; garments 10%; automobile sales 8.3%; household appliances, tools and equipment 7.7%; and other goods 11.7%.
Meanwhile, hotel and restaurant revenue amounted to VND95.4 trillion, up 11.1%.
The city also posted tourism revenue of VND23.4 trillion during January-October, an increase of 40.1% over the same period last year. Other service revenue reached VND139 trillion, up 6.5%.
