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    Home»Asia»Retail sales, consumer service revenue up ahead of Tết – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports
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    Retail sales, consumer service revenue up ahead of Tết – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Kevin LeBy Kevin LeFebruary 3, 2021No Comments2 Mins Read
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    Retail sales, consumer service revenue up ahead of Tết - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports
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    Shopping in a Vinmart outlet in Hà Nội. Total retail sales of goods and revenue from consumer services in January are estimated at VNĐ479.9 trillion (nearly US$20.77 billion), up 3.7 per cent month-on-month. — VNS Photo Mai Hương

    HÀ NỘI — Total retail sales of goods and revenue from consumer services in January are estimated at VNĐ479.9 trillion (nearly US$20.77 billion), up 3.7 per cent month-on-month and 6.4 per cent year-on-year, according to the General Statistics Office (GSO).

    Goods retail sales totalled VNĐ378.9 trillion, accounting for 79 per cent of the total and up 4.1 per cent month-on-month and 8.7 per cent year-on-year.

    Revenue from accommodation and food service stood at around VNĐ48.7 trillion, representing 10.1 per cent of the total. It increased 2.7 per cent against December but was down 4.1 per cent against January 2020.

    Tourism revenue was around VNĐ1.6 trillion, or 0.3 per cent of the total, up 0.7 per cent compared to December but down 62.2 per cent year-on-year.

    Earnings from other services were estimated at VNĐ50.7 trillion, accounting for 10.6 per cent of the total and up 1.1 per cent month-on-month and 7.3 per cent year-on-year.

    The GSO said retail sales and consumer services have become more vibrant as the Tết (Lunar New Year) holiday nears.

    Most enterprises, shopping centres, supermarkets, and business establishments have readied an abundant supply of goods and offered various promotional programmes to stimulate consumption ahead of the holiday, the office noted. — VNS

     



    Source: Vietnam News

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