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.

VOV.VN - The Swedish fashion giant H&M, one of the world's largest fashion corporations, plans to expand its retail network in Ho Chi Minh City, said Saed El-Achkar, regional manager and CEO of H&M Greater China & East Asia Regions.

Ho Chi Minh City’s retail market recorded a sharp rise in purchasing power during the National Day holidays from August 30 to September 2, with supermarkets, shopping centres, and traditional markets all reporting strong consumer demand.

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.

VOV.VN - Major retail chains in Ho Chi Minh City, including Saigon Co.op and MM Mega Market, are stepping up shipments of essential goods to northern Vietnam and pledging to maintain stable prices as Typhoon Wipha brings heavy rain and flooding to the region.

VOV.VN - Vietnam’s plan to open its market to US goods with a 0% import tariff not only creates opportunities for consumers to access high-quality products at better prices, but also serves as a major test for the competitiveness and adaptability of domestic enterprises under pressure from foreign imports.

Central Retail Vietnam, a member of Thai retail giant Central Retail, officially inaugurated the GO! Hung Yen Shopping Centre in the northern province of Hung Yen on July 16, marking its 43rd location in Vietnam.

VOV.VN - Australia opened its market to fresh Vietnamese lychees in 2015. Since then, the volume of Vietnamese lychee imports has continued to grow, particularly this year, with supermarket chain Costco importing a large shipment for distribution across its nationwide network.

Thailand's largest retailer Central Retail Corporation (CRC) will invest over THB45 billion (US$1.38 billion) through 2027 to expand mainstream markets and accelerate growth in both Thailand and Vietnam, the retailer said in a press release on June 24.

VOV.VN - Vietnam is increasingly attracting major Japanese retailers like AEON, Uniqlo, Takashimaya, and Muji as they seek to expand their presence to tap into the country’s booming consumer market.