Tag: Retail sales

Tourism is one among key growth drivers with the number of international tourists visiting Vietnam soaring 21.3%.

The growth showcases the strong recovery and development of the retail and consumer service sector of the southern city.

Total retail sales of goods and consumer service revenue at current prices are estimated to reach over $22.7 billion, up 2.7% month-on-month.

Consumers have been cautious with their spending since Typhoon Yagi in September and given the prevailing economic headwinds.

The city aims to promote domestic consumption, making it a pillar for driving local economic growth.

Tourism services grow strongly, at 57% year-on-year.

Total revenue estimated at $235 billion.

GSO points to increasing demand for essential goods for healthy year-on-year rise.

E-commerce will still be the main driver of the country’s digital economy in 2023.

Total retail sales of consumer goods and services in June reached nearly VND472 trillion ($20.26 billion), up 1.4 per cent against May and 27.3 per cent year-on-year. In the first half, total retail sales stood at VND2,717 trillion ($116.64 billion), up 11.7 per cent year-on-year.

Total retail sales of consumer goods and services in March reached VND438 trillion ($19.23 billion), up 2.9 per cent against February and 9.4 per cent year-on-year. Sales in the first quarter totaled more than VND1,318 trillion ($57.95 million), up 4.4 per cent year-on-year, of which tourism revenue rose 1.9 per cent.