Tag: Retail sales
Domestic trade to make up 15% of GDP by 2030
A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Le Van Thanh, aiming to raise domestic trade’s proportion in the country’s GDP to 15% - 15.5% in the next 10 years.
New COVID-19 outbreak puts brakes on trade, transport
The current COVID-19 resurgence has put the brakes on trade, transport and tourism, with all the sectors experiencing declines in May, according to the General Statistics Office (GSO).
Bright growth outlook for Vietnam in 2021: experts
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
Retail sales, service revenue hit US$73.5 billion in four months
The total retail sales and service revenue surged 10.02% year-on-year to VND1.695 quadrillion (over US$73.5 billion) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).
Radical changes needed for local retailers to thrive: Insiders
Catching up with new retail trends to bring a new shopping experience to customers will help Vietnamese retailers seize the lion’s share of the market, especially after a number of foreign players have shut up their shops, according to insiders.
Ministry takes action on market stability in new circumstances
The Ministry of Industry and Trade has called for concerted solutions to maintain market stability, remove difficulties facing domestic firms, and increase the total retail sales of goods and services.
Trade and industrial sector set to record growth of 9.45% in 2021
VOV.VN - With the COVID-19 pandemic causing plenty of difficulties for production and business activities and the added value of the industrial sector in Q1 set to endure a slight fall, the Ministry of Industry and Trade (MoIT) is striving to help the sector achieve a growth rate of 9.45% and export growth of up to 5%.
HCM City posts economic growth in January
HCM City’s economy saw a variety of bright spots in the opening month of 2021 despite the ongoing complex developments of the COVID-19 pandemic.
Retail sales, consumer service revenue up ahead of Tet
Total retail sales of goods and revenue from consumer services in January are estimated at VND479.9 trillion (nearly US$20.77 billion), up 3.7% month-on-month and 6.4% year-on-year, according to the General Statistics Office (GSO).
Deeper integration into global value chain crucial: Minister
Deeper integration into the global value chain while developing an increasingly independent and self-controlled economy are both a requirement and a solution to help Vietnam overcome the challenges to realise its goal of rapid and sustainable development, according to Party Central Committee and Minister of Industry and Trade Tran Tuan Anh.
