More policies needed to boost business development
April 19, 2024 | 18:33
Le Xuan Sang, deputy director of the Vietnam Institute of Economics, discusses the government’s efforts to support business development.
Retail sales of consumer goods, services top 22 billion USD in May
May 30, 2023 | 16:59
Total revenue from retail sales of consumer goods and services in May was estimated at 519 trillion VND (22.09 billion USD), an increase of 1.5 per cent over the previous month and 11.5 per cent year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).
Adjusting the direction of retail strategies
February 20, 2023 | 16:00
Consumer shopping behaviour has changed since the pandemic, prompting major retailers to align their business strategies to be consistent with the changing situation.
Vietnam’s retail sales forecast to reach 350 billion USD by 2025
February 03, 2023 | 11:04
The scale of the domestic retail market is expected to increase from 142 billion USD at present to 350 billion USD by 2025, contributing 59 per cent of the national GDP, according to the Ministry of Industry and Trade (MoIT).
Omnichannel activity boosts overall 2022 retail performance
January 18, 2023 | 23:00
Vietnam’s retail sector closed 2022 with a boom in omnichannel sales.
Helping small businesses and female entrepreneurs endure
September 08, 2021 | 14:00
After avoiding the worst of the pandemic’s economic impacts for over a year, Vietnam is now facing its worst outbreak.
Retail sales, service revenue hit 73.5 billion USD in four months
May 06, 2021 | 10:42
The total retail sales and service revenue surged 10.02 percent year-on-year to 1.695 quadrillion VND (over 73.5 billion USD) in the first four months of 2021, according to the Ministry of Industry and Trade (MoIT).
Vietnam Grand Sale 2020 national promotion month to begin from July 1
June 26, 2020 | 10:04
A national promotion month entitled ‘Vietnam Grand Sale 2020’ will be held from July 1 to 31 by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade in a bid to stimulate domestic consumption.
Vietnam’s retail sales down in five months
June 02, 2020 | 09:55
Total revenue of retail trade and services reached more than 1.91 quadrillion VND (82.36 billion USD) in the first five months of this year, down 4 percent year-on-year, a report from the General Statistics Office (GSO) showed.
Singapore’s retail sales down 8.6 percent in February
April 06, 2020 | 08:00
Singapore’s retail sales in February fell by 8.6 percent year-on-year, compared to the 5.3 percent reduction in the previous month, according to the country’s Department of Statistics.
Retail sales up 11.5pc in January-August
September 03, 2019 | 09:00
Vietnam’s total revenues for retail trade and services reached an estimated VND3.21 quadrillion (US$137.4 billion) in the first eight months of 2019, up 11.5 per cent year on year, the General Statistics Office (GSO) has announced.
Total retail sales reach 85 billion USD in five months
June 01, 2019 | 11:00
Vietnam’s total retail sales of goods and services in the first five months of 2019 increased 11.6 percent year-on-year to 19.8 quadrillion (almost 85 billion USD), according to the General Statistics Office (GSO).
Retail sales rise on increased consumption demand in Q1
April 02, 2019 | 20:20
The total retail sales value of consumer goods and services was estimated to reach nearly 1.185 quadrillion (US$51.75 billion) in the first quarter of this year, according to the latest updates from the General Statistics Office.
Retail sales, service revenues increase in 2 months
March 06, 2019 | 17:00
The country’s total retail sales and services revenue rose 12.2 per cent year-on-year to VND793.8 trillion (US$35.2 billion) in the first two months of this year.
Retail sales, services revenue up by 10.1pc
May 31, 2018 | 10:40
Vietnam’s total revenue from retail sales and services in the first five months of this year maintained a high growth since the beginning of the year.
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