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Tag: purchasing power

Vietnam's retail sales, service revenue up 9.2% in 2025
Vietnam's retail sales, service revenue up 9.2% in 2025

The total retail sales of goods and consumer service revenue in 2025 exceeded VND7 quadrillion (US$262.7 billion), up 9.2% from 2024, reflecting stronger purchasing power, underscoring the continued role of domestic consumption as a major growth driver, said Nguyen Thi Huong, Director of the National Statistics Office.

Vietnam's retail sales, service revenue up 9.2% in 2025

Vietnam's retail sales, service revenue up 9.2% in 2025

HCM City projects strong 8% growth for 2025
HCM City projects strong 8% growth for 2025

Ho Chi Minh City’s gross regional domestic product (GRDP) is forecast to expand by approximately 8.03% in 2025, outpacing the national average and reaffirming the city’s role as a leading growth engine for the country.

HCM City projects strong 8% growth for 2025

HCM City projects strong 8% growth for 2025

Purchasing power soars in HCM City during National Day holidays
Purchasing power soars in HCM City during National Day holidays

Ho Chi Minh City’s retail market recorded a sharp rise in purchasing power during the National Day holidays from August 30 to September 2, with supermarkets, shopping centres, and traditional markets all reporting strong consumer demand.

Purchasing power soars in HCM City during National Day holidays

Purchasing power soars in HCM City during National Day holidays

Vietnam set to become fourth-largest automobile market in ASEAN
Vietnam set to become fourth-largest automobile market in ASEAN

VOV.VN - Vietnam is on course to surpass the Philippines and become the fourth-largest automobile market in ASEAN, fueled by rising consumer demand and a strong economic outlook.

Vietnam set to become fourth-largest automobile market in ASEAN

Vietnam set to become fourth-largest automobile market in ASEAN

Abundance of Tet goods fails to boost purchasing power
Abundance of Tet goods fails to boost purchasing power

VOV.VN - On the morning of the 29th day of the Lunar calendar, many traditional markets in Hanoi are still bustling with vendors, though this year the number of buyers is relatively sparse.

Abundance of Tet goods fails to boost purchasing power

Abundance of Tet goods fails to boost purchasing power

Rising purchasing power fuels vibrant Tet commodity market
Rising purchasing power fuels vibrant Tet commodity market

VOV.VN - Retail chains are actively distributing goods to the domestic market to meet an anticipated 10-20% increase in demand as the Lunar New Year is drawing near.

Rising purchasing power fuels vibrant Tet commodity market

Rising purchasing power fuels vibrant Tet commodity market

Purchasing power for Lunar New Year forecast to increase by 10%
Purchasing power for Lunar New Year forecast to increase by 10%

VOV.VN - Purchasing power in the market for the Lunar New Year 2025, known locally as Tet, is forecast to increase by 10% compared to the same period from last year, according to the Ministry of Industry and Trade (MoIT).

Purchasing power for Lunar New Year forecast to increase by 10%

Purchasing power for Lunar New Year forecast to increase by 10%

Consumers tighten their belts during Tet holiday
Consumers tighten their belts during Tet holiday

VOV.VN - The purchasing power of Vietnamese consumers during the lunar New Year (Tet) holiday 2024 has decreased considerably as people tightened their belts, according to the Ministry of Finance.

Consumers tighten their belts during Tet holiday

Consumers tighten their belts during Tet holiday

Purchasing power increases with abundant goods at Tet commodity market
Purchasing power increases with abundant goods at Tet commodity market

VOV.VN - For this year's Tet holiday the source of goods for consumption has been thoroughly prepared by local businesses with diverse types and at stable prices, especially essential items.

Purchasing power increases with abundant goods at Tet commodity market

Purchasing power increases with abundant goods at Tet commodity market

Affordable goods, sufficient supply ensured for Tet
Affordable goods, sufficient supply ensured for Tet

The Ministry of Industry and Trade (MoIT) has ordered local firms to ensure sufficient supply of goods of affordable prices for the upcoming Tet (Lunar New Year) holiday, as demand on this occasion is forecast to increase 10% from the same time last year.

Affordable goods, sufficient supply ensured for Tet

Affordable goods, sufficient supply ensured for Tet

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Editor-in-chief: NGO THIEU PHONG
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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016