Tag: Retail sales
Retail sales growth remains stable over 10 months
The total retail sales of goods and consumer service revenue were estimated at VND598.4 trillion (US$23 billion) last month, up 0.2% compared to the previous month and 7.2% compared to the same period last year.
Retail sales, service revenue up 11.3% in September
Increasing domestic demand for goods, services, and tourism, especially during major national holidays, and a surge in international tourist arrivals in Vietnam have substantially contributed to the trade and service sector's growth in September and the first nine months of this year, according to the National Statistics Office under the Ministry of Finance.
HCM City growth tops 7% in nine months, defies forecasts
Ho Chi Minh City’s economy expanded 7.02% in the first nine months of the year, with momentum building each quarter despite concerns earlier this year about US tariff impacts, according to the municipal Statistics Office.
Retail therapy lifts Vietnam’s spending spirits
Vietnam’s shoppers gave the economy a welcome boost last month, with total retail sales of goods and services surging by an estimated 10.6% year on year, according to the National Statistics Office.
Retail sales of goods, services record positive growth
Trade and tourism activities continued to show positive growth in July, with total retail sales of goods and consumer service revenue estimated at VND576.4 trillion (US$21.98 billion), up 1.1% month-on-month and 9.2% year-on-year, according to the National Statistics Office under the Ministry of Finance.
Vietnam stimulates domestic consumption, diversifies export markets
Vietnam is focusing on boosting domestic consumption and diversifying export markets to ensure sustainable growth in response to risks of high tariffs in major markets such as the US and Europe.
Total retail sales of goods, services up 9.9% in Q1
Total retail sales of goods and consumer service revenue in the first quarter of 2025 were estimated at VND1.7 quadrillion (US$65.5 billion), up 9.9% year-on-year, according to the National Statistics Office (NSO).
Retail stocks see promising outlook this year
Vietnam’s retail sector is on track for strong growth, presenting compelling investment opportunities as domestic consumption continues to rise.
Vietnam’s first quarter GDP growth expected to approach 8%
Vietnam’s gross domestic product (GDP) in the first quarter of 2025 is projected to grow by nearly 8%, setting the stage for sustained economic development throughout the year.
Hanoi’s retail and consumer services revenue nears US$5.9 billion in first two months
The total retail sales of goods and consumer service revenue in Hanoi reached VND150.1 trillion (approximately US$5.87 billion) in the first two months of 2025, marking an 11.8% increase compared to the same period last year, according to the Hanoi Statistics Office.
