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.
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.
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.
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.
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.
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.
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).
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.
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.
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.