Of the figure, retail sales of goods reached VND1.3 trillion, accounting for 76.8% of the total, and up 8.8% from the same period last year. Revenue from accommodation and food services rose by 14% year-on-year to VND200.1 trillion, while that from tourism and travel services increased by 18.3% to VND21.5 trillion, making up 11.7% and 1.3% of the total, respectively.

Meanwhile, revenue from other services was estimated at VND175 trillion, up 12.5% year-on-year, marking 10.2% of the total.

In March alone, total retail sales of goods and consumer service revenue surged by 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, the NSO reported.

In the month, the retail sales of cultural and educational goods rose by 9.9%; food and foodstuffs by 9.6%; household appliances and tools by 8.1%; and garments by 5.7%.

Revenue from accommodation and catering, and travel and tourism services surged by 16.4%, and 25.1%, respectively.

Retail sales of consumer goods, services up 9.5% in January

High consumption demand during the Lunar New Year holiday and the strong tourism recovery fuelled retail sales of consumer goods and services in January.