Tags: purchasing power

Vietnam’s purchasing power continues to grow

Vietnam’s purchasing power continues to grow

Purchasing power has rising during the first 10 months of the year and total revenue for goods and services hit 4 quadrillion VND (172.5 billion USD), an 11.8 percent increase compared to the same period last year, according to the General Statistics Office (GSO).

Hanoi, HCM City spend VND47 trillion on Tet goods

Hanoi, HCM City spend VND47 trillion on Tet goods

Industry and trade departments in Hanoi and HCM City are planning to spend VND28.5 trillion and VND18.4 billion, respectively, to prepare goods for the Tet (Lunar New Year) 2019 festival.

The bumpy road of rice export

The bumpy road of rice export

Rice export achieved remarkable results in the first eight months of 2018 relying upon the improved purchasing power of the world market.

Purchasing power soars by 8.5 percent

Purchasing power soars by 8.5 percent

The purchasing power in the total national retail value of goods and services until April 2018 reached nearly 1.40 trillion VND (61.4 million USD), the General Statistics Office (GSO) reported.

Upbeat signs in fast-moving consumer goods sector

Upbeat signs in fast-moving consumer goods sector

The fast-moving consumer goods (FMCG) market is expected to see good expansion towards the end of this year thanks to stronger purchasing power in both urban and rural areas, experts said.

Securing market stability during Tet

Securing market stability during Tet

VOV.VN-The Ministry of Industry and Trade has issued a Decree introducing solutions to secure market stability during the traditional lunar New Year.

Vietnam croc farms suffer as Chinese market shrinks

Vietnam croc farms suffer as Chinese market shrinks

The price of crocodiles raised for their skin on Vietnamese farms has been plummeting amid China’s economic slowdown, forcing farmers to lower prices, close farms, or sell their products at a loss.

Purchasing power decreases 0.3% in August

Purchasing power decreases 0.3% in August

The total national retail value of goods and services in August reached nearly VND292.8 trillion (US$13 billion), with purchasing power declining 0.3% against July.

Purchasing power increases slightly

Purchasing power increases slightly

The purchasing power in the total national retail value of goods and services until April 2016 reached nearly VND1.14 trillion, the General Statistics Office (GSO) reported.

Value of goods and services rises

Value of goods and services rises

The national retail value of goods and services in the first two months of this year experienced the same growth rate as last year.

Retail, services sales hit US$110 bln

Retail, services sales hit US$110 bln

The country's total retail sales and services revenue reached US$110 billion, rising 9.8% over the same period last year, or 9.1%, if inflation is excluded.

Vietnam labor productivity far behind ASEAN countries

Vietnam labor productivity far behind ASEAN countries

Vietnam's labor productivity has managed to narrow its gaps with other Southeast Asian countries, but it will be decades long before the country can catch up with them, the Ministry of Planning and Investment said.