Business

August retail sales plunge as COVID-19 cases on rise

Total retail sales of goods and services in August slid 10.5 percent month-on-month and 33.7 percent year-on-year as a result of restrictions imposed to contain the ongoing COVID-19 resurgence, data from the General Statistics Office (GSO) shows.
August retail sales plunge as COVID-19 cases on rise ảnh 1Dozens of loaded trucks and container trucks queue for entering Can Tho on August 26 as the Mekong Delta city goes into social distancing state to contain the COVID-19 spread. (Photo: VNA)
Hanoi (VNA) – Total retail sales of goods andservices in August slid 10.5 percent month-on-month and 33.7 percentyear-on-year as a result of restrictions imposed to contain the ongoingCOVID-19 resurgence, data from the General Statistics Office (GSO) shows.

The spike in COVID-19 cases has forced many parts of thecountry to go into social distancing state under the Prime Minister’s DirectiveNo.16, bringing trade, travel and tourism to a grinding halt, according to theGSO.

This month, the transport sector carried more than 60.7 millionpassengers and nearly 91.1 million tonnes of goods, down 75.9 percent and 39.3percent, respectively, compared to the same period last year.

International arrivals were estimated at around 9,300, up24.4 percent month-on-month but 43 percent year-on-year.

In the first eight months of 2021, total revenue fromretail trade and services dropped 4.7 percent year-on-year to exceed 3.04 quadrillionVND (over 133.43 billion USD). The transport industry served over 1.92 billionpassengers and handled close to 1.07 billion tonnes of goods during the period,down 18.8 percent and 3.5 percent, respectively.

Foreign arrivals shrank 97.2 percent to just 105,000 overthe last eight months./.
VNA
#retail sales of goods and services #August #COVID-19 #first eight months of 2021 #transport #trade #tourism #Vietnam #Vietnam news #Vietnam news agency #Vietnamplus
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