The total sales of for goods and services in Hanoi in the first quarter hit over 442 trillion VND (21 billion USD), an 11.9 percent rise compared to the same period last year.

Retail sales earned more than 104 trillion VND (4.9 billion USD), an annual increase of 11.7 percent.

Retailers in the private sector sold the most goods and services, followed by foreign-invested enterprises and state-owned businesses.

Despite the first quarter coinciding with the long Tet festival holiday; the market price remained considerably stable.

Many commercial centres and supermarkets in the capital have launched promotions aiming to attract more customers and elevate sales further.-VNA