Retail in Asia

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Retail, services sales in Vietnam hit USD110b

Vietnam’s total retail sales and services revenue reached USD110 billion, rising 9.8 percent over the same period last year, or 9.1 percent, if inflation is excluded.

According to the General Statistics Office (GSO), the retail sales of goods and services in September alone is estimated to reach VND270.6 trillion (USD12.27 billion) or 0.6 percent increased against August.

According to an expert at the GSO, Vu Manh Ha, purchasing power had not changed much as residents spent their money on key consumption products.
 

(Source: Viet Nam News)