Revenue of retail sales of consumer products and services in the first five months of this year totaled over VND2.85 quadrillion ($108.7 billion), up 9.7% year-on-year, according to the National Statistics Office.

In May alone, the value was VND574.9 trillion ($21.9 billion), a rise of 10.2% from the same period last year.

In the five months, retail sales of consumer products reached more than VND2.18 quadrillion ($83.2 billion), increasing 8.2% year-on-year.

Revenue from accommodation and catering services was estimated at VND340.3 trillion ($12.98 billion), up 15.2% year-on-year.

In the five-month period, Vietnam welcomed 9.2 million foreign tourists, soaring 21.3% compared to the same period last year. Tourism revenue in the period was VND38.4 trillion ($1.46 billion), representing an increase of 24.7% from the corresponding time last year.