HCMC sees purchasing power increase, recovery of retail industry
After a gloomy period due to the impact of the Covid-19 pandemic in Ho Chi Minh City, the purchasing power in the city has lately rebounded, leading to the strong recovery of the retail industry. In the first four months of this year, the total retail sales of goods and services reached VND1,777.4 trillion (US$76.76 billion), up 6.5 percent over the same period last year.