Customers shop at Co.opmart in HCM City (Photo: VNA)HCM City (VNA) - HCM City’s retailsector has been growing steadily, achieving an 11.3 percent increase by the endof 2017 compared to 2016, according to the city’s Department of Industry andTrade.
According to the department, the total revenueof the retail sector last year was over 923.84 trillion VND (40 billion USD).
Revenue from retail sales was 594.65 trillion VND,accounting for 64.4 percent of total retail revenue (retail sales and retailservices).
The city had 207 supermarkets in 2017, anincrease of 18 compared to 2016. At least 116 of them are domesticsupermarkets, while 91 are foreign-owned.
In addition, there were around 43 shopping mallsin 2017, three more than in 2016. Fourteen of them are foreign owned. Therewere around 1,100 convenience stores in 2017, 218 more compared to 2016. – VNA
According to the department, the total revenueof the retail sector last year was over 923.84 trillion VND (40 billion USD).
Revenue from retail sales was 594.65 trillion VND,accounting for 64.4 percent of total retail revenue (retail sales and retailservices).
The city had 207 supermarkets in 2017, anincrease of 18 compared to 2016. At least 116 of them are domesticsupermarkets, while 91 are foreign-owned.
In addition, there were around 43 shopping mallsin 2017, three more than in 2016. Fourteen of them are foreign owned. Therewere around 1,100 convenience stores in 2017, 218 more compared to 2016. – VNA
VNA
