Total retail sales hit $85 billion in five months ,up 12 %| # AsiaNewsNetwork - News Summed Up

Total retail sales hit $85 billion in five months ,up 12 %| # AsiaNewsNetwork


Excluding inflation, the growth was 8.6 per cent in January-May, 0.1 per cent higher than the same period last year. During the first five months of this year, retail sales of goods accounted for 76.5 per cent of the total to reach VNĐ15.1 quadrillion, 12.7 per cent higher than the same period last year. Those of tourism revenue gained $18.4 trillion, 12.4 per cent higher than the same period last year. GSO economic expert Vũ Mạnh Hà said total retail sales in the five months saw relatively high growth thank to abundant goods supply, meeting production and consumption demand. With the upward trend in total retail sales, the Ministry of Industry and Trade forecast total sales this year would grow by 10 per cent.


Source: Viet Nam News May 31, 2019 06:56 UTC



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