HSBC raises Vietnam’s 2024 growth forecast to 7%

HSBC has lifted its 2024 gross domestic product (GDP) growth forecast for Vietnam to 7.0% from 6.5% after the country recorded stronger-than-expected growth in Q3 despite the devastation left by Typhoon Yagi.

Total retail sales up 8.5% in eight months

The total retail sales of goods and services increased by 8.5% to nearly 4.15 quadrillion VND (169.7 billion USD) in the January – August period thanks to improving consumption, production and tourism, according to the latest updates of the General Statistics Office (GSO).

Retail sales, services revenue up 8.5% in four months

Retail sales and services revenue in the first four months of this year totaled 2.06 quadrillion VND (81.06 billion VND), up 8.5% year-on-year, the General Statistics Office (GSO) said.

Retail sales of goods, services increase by 8.5% in February

The total retail sales of goods and consumer service revenue in February increased by 8.5% over the same period last year to 509.7 trillion VND (20.63 billion USD), according to the General Statistics Office (GSO).

Retail sales of consumer goods and services post impressive growth in H1

Total revenue from retail sales of consumer goods and services increased 10.9% year-on-year in the first half of this year, to more than 3 quadrillion VND (127 billion USD), according to the General Statistics Office (GSO).

Retail sales of consumer goods, services up 10.9% in H1

Total revenue from retail sales of consumer goods and services increased 10.9% year-on-year in the first six month of this year to more than 3 quadrillion VND (127 million USD), according to the General Statistics Office (GSO).

Retail sales of consumer goods, services top 22 billion USD in May

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% over the previous month and 11.5% year on year thanks to the long holidays in the beginning of the month, according to the General Statistics Office (GSO).

Strong growth recorded in revenue from retail, services

Revenue from retail sales of goods and services totalled about 515.8 trillion VND (21.87 billion VND) in December and over 1.54 quadrillion VND (65.3 billion USD) in the fourth quarter of 2022, a year on year rise of 17.1%, reported the General Statistics Office (GSO).

HCM City retail sales hit highest level since January 2019

Ho Chi Minh City’s retail sales of goods topped 57.75 trillion VND (2.49 billion USD) in May, up 3.08 percent against the previous month and 13.8 percent from a year earlier, a report released last week by the city Department of Industry and Trade has said.

Retail sales of goods, services up in May

Vietnam saw strong growth in its revenue from retail sales of goods and services in May 2022 due to an increase in tourism demand after the pandemic is basically under control and the 31st SEA Games was successfully held in the country in mid-May.
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