Vietnam’s total retail sales of goods and consumer service revenue in the first quarter of the year reached VND1.9 quadrillion ($72.2 billion), a year-on-year rise of 10.9%, figures from the National Statistics Office show.
Excluding the price factor, growth stood at 7%.
In March alone, total revenue was estimated at VND638.6 trillion ($24.28 billion), an increase of 12.1% from a year earlier.
Retail sales continued to dominate, accounting for 76.3% of the total at VND1.45 quadrillion ($55.1 billion). Within this segment, garments recorded the fastest growth at 9.9%, followed by food and foodstuffs (9.8%) and household appliances and equipment (8.2%).
Accommodation and catering services generated VND234.7 trillion ($8.92 billion), rising 13.3% year-on-year, while other services brought in VND192.8 trillion ($7.33 billion), up 8%.
Tourism maintained strong momentum, with first-quarter revenue estimated at VND22.9 trillion ($870 million), up 12.5% from the same period last year.
Transport and telecommunications also posted gains, with passenger transport increasing 18.3% and telecommunications revenue reaching VND102.8 trillion ($3.9 billion), up 6.3%.
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