High consumption demand during the Lunar New Year holiday and the strong tourism recovery fuelled retail sales of consumer goods and services in January.
VOV.VN - Retail chains are actively distributing goods to the domestic market to meet an anticipated 10-20% increase in demand as the Lunar New Year is drawing near.
Industry giants such as Vingroup, Mobile World Investment Corporation, FPT Retail and Hoang Anh Gia Lai are all in the pipeline to introduce their prized stocks to the public sphere.
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.
In a tumultuous year for the Vietnamese stock market, retail investors played a significant role, contributing to the market's liquidity recovery.
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.
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).
VOV.VN - The Ministry of Finance and the Ministry of Industry and Trade jointly announced an adjustment to retail fuel prices, rising slightly as from 3PM on January 2.
Vietnam's retail e-commerce market is estimated to surpass US$25 billion in 2024, marking a 20% increase compared to the previous year, according to the Ministry of Industry and Trade.
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.