Vietnam Jan-Oct Retail Sales, Services Rise 18% to US$53.66B
Vietnam’s total retail sales and services revenue is forecast to have risen 18% from a year earlier to VND958.27 trillion (US$53.66 billion) in the first ten months of this year.
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In October, the figure is estimated at VND105.46 trillion, up from VND101.51 trillion in September, the government’s General Statistics Office said on October 29.
During the ten-month period, the trade sector has seen an on-year revenue increase of 18% to VND751.46 trillion, equivalent to 78.4% of the country’s sum.
The hotel and restaurant sectors are estimated to have reported an on-year revenue rise of 18.2% to VND108.35 trillion and the tourism and service sectors see estimated increases of 0.7% and 19.6% to VND9.06 trillion and VND89.4 trillion on-year, respectively.