Retail sales, service revenue increase over 7%
Hanoi’s retail and service revenue in the first two months of 2017 amounted to VND365 trillion (US$16.4 billion), an increase of 7.1% from the same period last year, according to the Hanoi Statistics Office.
In February alone, the figure was VND179 trillion (US$7.78 billion), down 3.9% from January.
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According to the department, Hanoi’s consumer price index in February increased slightly against the previous month, citing that prices this year changed little due to the early opening of supermarkets and commercial centres, which stopped the typical post-Tet scarcity of goods.
The department said that more and more Vietnamese goods are on sale in supermarkets and commercial centres.
In terms of exports, Hanoi’s export value in the first two months of 2017 was US$1.6 billion, up 13.1%.
The industrial production index for the two months posted a year-on-year increase of 5.1%, the department added.