Retail sales up 12.2% in January - News Summed Up
Retail sales up 12.2% in January

Retail sales up 12.2% in January

February 01, 2019 01:52 UTC

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Retail sales up 12.2% in January


HÀ NỘI — Total revenue from retail trade and services in Việt Nam reached an estimated VNĐ402.2 trillion (US$17.26 billion) in January, up 4.4 per cent month-on-month and 12.2 per cent year-on-year, the latest report from the General Statistics Office (GSO) showed. Among localities nationwide, the capital city posted the highest growth in retail sales of goods at 15.1 per cent. As per the data, retail sales of services topped VNĐ43 trillion, representing a monthly rise of 1.8 per cent and a yearly increase of 7.4 per cent. According to the Việt Nam Institute for Trade Research, the goods retail market is seeing a blooming trend of minimarts and convenience stores. Last year, total retail sales of goods and services in Việt Nam reached nearly VNĐ4.4 quadrillion, representing a rise of 11.7 per cent against the previous year.


Source: Viet Nam News February 01, 2019 01:52 UTC



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