Total retail sales of goods and consumer service revenue in the first quarter of 2025 were estimated at VND1.7 quadrillion (US$65.5 billion), up 9.9% year-on-year, according to the National Statistics Office (NSO).
Vietnam’s retail sector is on track for strong growth, presenting compelling investment opportunities as domestic consumption continues to rise.
Vietnam’s gross domestic product (GDP) in the first quarter of 2025 is projected to grow by nearly 8%, setting the stage for sustained economic development throughout the year.
Video shopping is emerging as a new trend, compelling sellers to adopt multi-channel strategies while enhancing key services such as express delivery, after-sales support and exclusive promotions.
Vietnam’s automotive market experienced robust growth in February, with VinFast leading sales, according to the Vietnam Automobile Manufacturers Association (VAMA).
The total retail sales of goods and consumer service revenue in Hanoi reached VND150.1 trillion (approximately US$5.87 billion) in the first two months of 2025, marking an 11.8% increase compared to the same period last year, according to the Hanoi Statistics Office.
As the global economy accelerates, online sales have emerged as a crucial factor in the success of many businesses.
The suspicions of two drivers have led to the arrest and prosecution of two South African nationals on drug-related charges, Ho Chi Minh City’s police have announced.
A total of 18,893 cars were sold in Vietnam in January, a drop of 40% compared to the previous month, according to a monthly report issued by Vietnam Automobile Manufacturers Association (VAMA) on February 13.
High consumption demand during the Lunar New Year holiday and the strong tourism recovery fuelled retail sales of consumer goods and services in January.