Local people shop at a supermarket (Photo: phapluatdansinh.phapluatxahoi.vn)Hanoi (VNA) - The country’s total retail sales and services revenuerose 12.2 percent year-on-year to 793.8 trillion VND (35.2 billion USD) in thefirst two months of this year.
Retail sales of goods and servicesreached an estimated 390.8 trillion VND in February, marking a yearly increaseof 11.5 percent but a monthly decline of 3 percent, the latest report from theGeneral Statistics Office (GSO) showed.
GSO statistician Vu Manh Ha attributed the two-month retail sales growth, whichwould be 92.8 percent excluding inflation, to local people’s strong purchasingpower during the long-lasting Tet holiday.
The retail value of goods topped 613.4 trillion VND, up 15 percent year-on-yearand accounting for 77.3 percent of the total. Of which, the sales of food andfoodstuffs increased by 15 percent, home appliances 14 percent, and garmentsand textiles 13.2 percent.
Localities recording a significant retail sales increase included the centralprovinces of Ha Tinh and Quang Nam with 19.4 percent and 16 percent,respectively; the southern province of Long An with 17 percent; the northernport city of Hai Phong with 14 percent; HCM City with 13 percent and Hanoi with11 percent.
From January to February, restaurant and accommodation revenues were 90.2trillion VND, surging 5.7 percent against the same period last year and makingup 11.4 percent of the total with positive revenue growth seen in severallocalities such as Hai Phong (16.5 percent); the southern city of Can Tho (13.2percent); the central provinces of Khanh Hoa and Quang Nam (12 percent and 10percent, respectively).
Tourism revenues stood at 8 trillion VND, up 7.8 percent, the office said,adding that revenue from other services, which equaled 10.3 percent of thetotal, witnessed a yearly rise of 5 percent to 82.2 trillion VND.
In 2018, the nation’s total goods retail sales and service revenues rose 11.7percent on-year to nearly 4.4 quadrillion VND. Specifically, its goods retailsales surged 12.4 percent to over 3.3 quadrillion VND.
Under the domestic trade development strategy, total sales of goods andservices would grow by 13 percent each year through 2020 and by 14 percent peryear in the 2021-25 period.-VNA
Retail sales of goods and servicesreached an estimated 390.8 trillion VND in February, marking a yearly increaseof 11.5 percent but a monthly decline of 3 percent, the latest report from theGeneral Statistics Office (GSO) showed.
GSO statistician Vu Manh Ha attributed the two-month retail sales growth, whichwould be 92.8 percent excluding inflation, to local people’s strong purchasingpower during the long-lasting Tet holiday.
The retail value of goods topped 613.4 trillion VND, up 15 percent year-on-yearand accounting for 77.3 percent of the total. Of which, the sales of food andfoodstuffs increased by 15 percent, home appliances 14 percent, and garmentsand textiles 13.2 percent.
Localities recording a significant retail sales increase included the centralprovinces of Ha Tinh and Quang Nam with 19.4 percent and 16 percent,respectively; the southern province of Long An with 17 percent; the northernport city of Hai Phong with 14 percent; HCM City with 13 percent and Hanoi with11 percent.
From January to February, restaurant and accommodation revenues were 90.2trillion VND, surging 5.7 percent against the same period last year and makingup 11.4 percent of the total with positive revenue growth seen in severallocalities such as Hai Phong (16.5 percent); the southern city of Can Tho (13.2percent); the central provinces of Khanh Hoa and Quang Nam (12 percent and 10percent, respectively).
Tourism revenues stood at 8 trillion VND, up 7.8 percent, the office said,adding that revenue from other services, which equaled 10.3 percent of thetotal, witnessed a yearly rise of 5 percent to 82.2 trillion VND.
In 2018, the nation’s total goods retail sales and service revenues rose 11.7percent on-year to nearly 4.4 quadrillion VND. Specifically, its goods retailsales surged 12.4 percent to over 3.3 quadrillion VND.
Under the domestic trade development strategy, total sales of goods andservices would grow by 13 percent each year through 2020 and by 14 percent peryear in the 2021-25 period.-VNA
VNA
