Ten-month retail sales of consumer goods, services up 8.5%

Vietnam’s total retail sales of consumer goods and services saw a year-on-year increase of 8.5% to over 5,246 trillion VND (207.5 billion USD) during January – October, the General Statistics Office (GSO) reported.

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Revenue from retail sales of goods was estimated at 4,048 trillion VND, accounting for 77.2% of the total and up 7.8% year-on-year. Sales of food and foodstuff rose by 10.7%, household appliances and tools 8%, garment 8.7%, vehicles (except cars) 7.5%, and cultural and educational products 6.6%.

Revenue from accommodation and catering services totaled 602.3 trillion VND, up 12.5% year-on-year, while tourism and travel services earned 50.3 trillion VND, rising 14.2%.

According to the GSO, Vietnam attracted nearly 1.42 million international visitors in October, up 27.6% year-on-year, and over 14.1 million in the first 10 months, up 41.3% year-on-year.

A rise in tourism revenue was seen in several localities during January-October, including Can Tho up 31.2%, Ho Chi Minh City 15.9%, Khanh Hoa 15.4%, Binh Dinh 11.9%, Hanoi 9.8% and Da Nang 6.1%.

The revenue from other services in the first ten months of 2024 was estimated at 545 trillion VND, accounting for 10.4% of the total and increasing by 9% over the same period last year./.

VNA