Retail value in 9 months up 11.6%

According to a report of the General Statistics Office, Vietnam’s total retail sales revenue of commodities and services in the first nine months of 2019 was VND3.6million, up 11.6% over the same period last year.

Retail sales of goods for the full nine-month period surged by 12.6% year on year, reaching VND2.76 quadrillion, accounting for 76% of the total. Of which, purchases of educational and cultural products grew by 17.4% year on year, followed by food and foodstuff (up 15.4%), home appliances (up 13%), textiles and apparel (up 12%) and transportation (up 10.2%).

The localities with the highest purchasing power growth rates included Quang Ninh (19.7%), Binh Duong (17.6%), Thanh Hoa (15.1%), Hai Phong (14.9%), Da Nang (13.9%), Nghe An (13.8%), and Hanoi (12.7%)…

Reported by T.Nguyen-Translated by K.T

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