Revenue from information and communications services reached VND1.13 quadrillion (US$47.6 billion) in the first four months of 2023, representing 27% of the annual target, figures from the Ministry of Information and Communications (MIC) show.

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.

Ho Chi Minh City recorded a year-on-year rise of 5.7% in total retail sales of goods and consumer service revenue in January, according to its Department of Industry and Trade.

The total retail sales of consumer goods and services in September increased 6.5% against August as production, business and service activities resumed in some localities after the COVID-19 is put under control.

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.

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).

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).