The revenue of products sold through online business-to-consumer (B2C) retail model is forecast to surge in the coming time and reach VND650 trillion (US$26.31 billion) in 2024, according to the E-Commerce and Digital Economy Agency under the Ministry of Industry and Trade (MoIT).

With noteworthy signs of recovery in the first two months of this year, the national economy is expected to bounce back quickly this year.

VOV.VN - The consumer price index (CPI) for February has gone up by 1.04% compared to the previous month and 3.98% from the same period last year, as announced on February 29 by the General Statistics Office (GSO).

VOV.VN - China became the second largest importer of Vietnamese seafood behind Japan in January, with shrimp and pangasius imports witnessing a four-fold rise compared to the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

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.

A surge in consumer demand, particularly after the Kitchen God's Day, has recorded through Hanoi, with a notable uptick ranging from 20-30%, reported a working delegation of the Ministry of Industry and Trade and the municipal People’s Committee following their inspection on February 5.

Although the average consumer price index (CPI) in 2023 increased by only 3.25% year-on-year and the January figure went up 0.31% over the previous month, meaning that inflation is under control, it is necessary for Vietnam to be vigilant against inflation, according to the Investment Review.

VOV.VN - Vietnam is the second largest exporter of footwear in the world, with its estimated export volume accounting for 10% of the world’s market share.

Thirty-two enterprises in various areas including building materials, consumer goods, garment and textile, food and services received the Ho Chi Minh City Golden Brand Award from the municipal People’s Committee on January 14 for the outstanding achievements they have carved out to develop brands for products and services.

The forecast for 2024 indicates that consumer demand will continue to be a primary contributor to Vietnam's economic growth, in addition to the ripple effects of public investment and exports.