Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 9.4% to more than VND5.1 trillion (US$207.8 million) during January – October, the General Statistics Office said.

Vietnam, with a population of nearly 100 million people, is considered a potential investment market for famous retailers around the world; therefore, many foreign retailers have enhanced their investments.

VOV.VN - Standard Chartered has predicted that Vietnam's GDP growth will reach 5.1% in Q3, up from 4.1% recorded in the previous quarter.

Total retail sales of consumer goods and services have increased 10.4% year on year to almost VND3.53 quadrillion (US$149 billion) in the first seven months of 2023, compared to a rise of 15.7% during the same period of 2022, reported the General Statistics Office (GSO).

With flourishing economic results in the first six months of this year, many enterprises in Ho Chi Minh City expect to keep pace with the growth momentum to accelerate their production and business activities in the coming months.

VOV.VN - The total retail sales of goods and consumer service revenue saw a year-on-year increase of 10.9% to reach over VND3 quadrillion during the first half of the year, the General Statistics Office (GSO) reported.

Total revenue from retail sales of consumer goods and services in May was estimated at VND519 trillion (US$22.09 billion), an increase of 1.5% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).

Total retail sales of goods and consumer service revenue increased 13.9% year on year to over VND1.5 quadrillion (US$63.9 million) in the first quarter of 2023, compared to the 5% growth in the same period of 2022, the General Statistics Office (GSO) reported.

Measures have been taken to effectively exploit the domestic market with a population of nearly 100 million to fulfil the goal of an increase of 8-9% in retail sales of goods and services, according to the Ministry of Industry and Trade (MoIT).

Vietnam’s total retail sales of goods and services in the first two months of this year were estimated at VND994.2 trillion (US$41.88 billion), up 13% year-on-year, according to the General Statistics Office (GSO).