Vietnam’s total retail sales of goods and services in January were estimated at VND544.8 trillion (US$23.22 billion), up 5.2 percent from the previous month and 20 percent as compared with the same period last year.
Ho Chi Minh City’s retail sales of goods topped VND57.75 trillion (US$2.49 billion) in May, up 3.08 percent against the previous month and 13.8 percent from a year earlier, a report released last week by the city Department of Industry and Trade has said.
Despite the Covid-19 pandemic, Ho Chi Minh City's retail revenue in 2020 is estimated at more than VND759.71 trillion, up 11.9 percent over the same period in the previous year. According to forecasts, retail activities will continue to grow strongly this year, and there are still lots of potentials for enterprises to exploit.
In the first four months of this year, many of the Ho Chi Minh City’s manufacturing industries were affected by the Covid-19 pandemic but the fresh and processed foodstuff products remained plentiful and diverse, ensuring the demand with stable prices.
According to the Department of Industry and Trade of Ho Chi Minh City, total retail sales and services revenue were estimated at VND112.77 trillion in January this year, an increase of 11.2 percent compared to the same period last year.
According to the General Statistics Office of Vietnam, the total turnover of retail sales and consumer services reached over VND 4 quadrillion (US$ 172.3 billion) in the first ten months of the year, an increase of nearly 12 percent compared to the same period in 2018.
According to the Department of Industry and Trade of Ho Chi Minh City, since the beginning of this year, total goods retail sales and service revenues were estimated at nearly VND600 trillion, an increase of 12.2 percent over the same period last year while it was 12.5 percent last year.
According to the Department of Industry and Trade of Ho Chi Minh City, total retail sales and services revenue were estimated at VND93.06 trillion in February, down 3.5 percent compared to the previous month as purchasing power strongly increased in January due to preparation for the Tet festive season.
Ho Chi Minh City’s revenue from retail sales in the first half of this year is estimated at more than 328.58 trillion VND (14.47 billion USD), accounting for 65.3 percent of the city’s total earnings from retail sales and services and up 12.9 percent from the same time last year.
Retail sale and consumer service revenue in March amounted to VND85,248 billion ($3.7 million), an increase of 3.33 percent compared to February, reported The Department of Industry and Trade in Ho Chi Minh City.