Retail sales, service revenue hit US$73.5 billion in four months

The total retail sales and service revenue surged 10.02% year-on-year to VND1.695 quadrillion (over US$73.5 billion) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).

Retail sales of goods in the January-April period were estimated at over VND1,352.7 trillion, up 9.8% against the same period last year. 

Increases were seen in the sales of textiles (up 11.8%), food and foodstuff (up 11.5%), vehicles (up 11.1%), and cultural and education products (up 9.5%).

Revenues from accommodation and catering services in the four-month period was estimated at VND164.5 trillion, up 10.1% year-on-year.

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