Tag: Retail sales
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.
Top five localities with the largest economies in 2024
The top five localities with the largest gross regional domestic product (GRDP) in Vietnam for 2024 are Ho Chi Minh City, Hanoi, Binh Duong, Dong Nai and Hai Phong.
Vietnam among top 10 countries with the fastest e-commerce expansion in the world
Vietnam remained among the top ten countries with the fastest e-commerce growth rate in the world in 2024, with the market valued at US$25 billion, an increase of 20% over 2023, according to Vietnam E-commerce and Digital Economy Agency.
Retail sales of goods and services up 9% in 2024: GSO
Vietnam's total retail sales of consumer goods and services reached VND6.39 quadrillion (US$251.87 billion) in 2024, marking a year-on-year increase of 9%, according to the General Statistics Office (GSO).
HCM City’s retail sales up 11% this year
Retail sales in Ho Chi Minh City rang in at over VND567.98 billion (US$22.36 million) in 2024, a year-on-year rise of 11%, the municipal Department of Industry and Trade has reported.
Total retail sales of goods, services in 11 months up 8.8%
Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.8% to more than VND5.8 quadrillion (US$228.4 billion) in January – November, according to the General Statistics Office (GSO).
Hanoi’s retail sales, services revenue up 9.4% in October
Hanoi’s total retail sales of goods and consumer services revenue reached VND77.5 trillion (over US$3 billion) in October, up 2.7% month-on-month and 9.4% year-on-year, according to the municipal People’s Committee.
Market recovery, tourism growth drive sales of consumer goods, services: GSO
Recovery in domestic consumption and production demand, along with strong development in tourism, have contributed positively to the growth of the trade and service sector in the first nine months of 2024, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.
Total retail sales up 8.5% in eight months
The total retail sales of goods and services increased by 8.5% to nearly VND4.15 quadrillion (US$169.7 billion) in the January – August period thanks to improving consumption, production and tourism, according to the latest updates of the General Statistics Office (GSO).
Difficulties in maintaining domestic consumption this year: surveys
Domestic consumption is likely to lose steam as consumers face uncertainties, along with changes to shopping trends. Meanwhile, businesses have reported it's increasingly difficult to maintain purchasing power and reduce inventory buildup, said industry insiders and economists.
