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Vietnam’s retail sales rise by 13% YoY in first 2 months of 2022

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Vietnam’s total retail sales including that of goods in the first two months of this year were estimated at VND994.2 trillion (around $41.88 billion), according to the General Statistics Office (GSO). The figure represents a 13 per cent year-on-year (YoY) increase.

The retail sales of goods were estimated at VND781.8 trillion, which is a 10.1 per cent YoY increase. The revenue from garments and textiles rose by 18.4 per cent, the GSO said.

Vietnam’s total retail sales including that of goods in the first two months of this year were estimated at VND994.2 trillion, according to the General Statistics Office (GSO). The figure represents a 13 per cent year-on-year (YoY) increase. The retail sales of goods were estimated at VND781.8 trillion, which is a 10.1 per cent YoY increase.

The ministry is striving for an 8-9 per cent increase in total retail sales of goods and services this year, local media reports said quoting Tran Duy Dong, director of the ministry of industry and trade’s domestic market department.

Fibre2Fashion News Desk (NB)


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