Business

Retail sales, service revenue increase over seven percent

Hanoi’s Retail and service revenue in the first two months of 2017 amounted to 365 trillion VND (16.4 billion USD), an increase of 7.1 percent from the same period last year, according to the Hanoi Statistics Office.
Retail sales, service revenue increase over seven percent ảnh 1Consumers at a supermarket in Hanoi. (Source: VNA)

Hanoi (VNA) – Hanoi’s retail and service revenue in the first two months of 2017 amounted to 365 trillionVND (16.4 billion USD), an increase of 7.1 percent from the same period lastyear, according to the Hanoi Statistics Office.

In February alone, the figure was179 trillion VND (7.78 billion USD), down 3.9 percent from January.

According to the department, Hanoi’sconsumer price index in February increased slightly against the previous month,citing that prices this year changed little due to the early opening ofsupermarkets and commercial centres, which stopped the typical post-Tetscarcity of goods.

The department said that moreand more Vietnamese goods are on sale in supermarkets and commercial centres.

In terms of exports, Hanoi’sexport value in the first two months of 2017 was 1.6 billion USD, up 13.1percent.

The industrial production index forthe two months posted a year-on-year increase of 5.1 percent, the departmentadded.-VNA

VNA
#retail #consumer price index #CPI Ha Noi
Follow VietnamPlus

Related News

Deputy PM out to aid local retailers

Deputy PM out to aid local retailers

Deputy Prime Minister Trinh Dinh Dung has asked ministries and authorities to support local retailers while better managing the operations of foreign retail firms.
Consumer price index rises slightly in February

Consumer price index rises slightly in February

The country’s consumer price index (CPI) in February inched up 0.23 percent from last month and 5.02 percent year-on-year, the General Statistics Office (GSO) announced on February 28.

See more

Hanoi’s roadmap to implement low-emission zones from July is providing a strong boost to the electric two-wheeler market (Photo: VNA)

Low-emission zone roadmap drives electric two-wheeler boom in Hanoi

From July 1, Hanoi will introduce time-based or area-based restrictions on petrol-powered motorcycles within Ring Road 1, with plans to expand coverage across the entire zone by 2028 and extend to areas within Ring Road 3 by 2030. The policy is expected to reshape travel habits for millions of urban residents.

Delegates at the opening ceremony of the Made in Da Nang Expo 2026 (Photo: VNA)

Nearly 300 firms join Made in Da Nang Expo 2026

Speaking at the opening ceremony, Vice Chairman of the Da Nang People’s Committee Tran Chi Cuong said the exhibition is a large-scale trade promotion event aimed at showcasing products, connecting markets, and helping businesses enhance competitiveness while expanding domestic and export markets.

Green production, standardised value chains key to fruit, vegetable sector growth

Green production, standardised value chains key to fruit, vegetable sector growth

Facing mounting pressure from increasingly stringent domestic and international standards, Vietnam’s fruit and vegetable sector is accelerating its shift toward green, safe, and sustainable production models. Beyond changing farming practices, localities and businesses are stepping up efforts to standardise value chains and build brands to achieve growth targets for 2026.

Hiep Phuoc Industrial Park in Ho Chi Minh City. (Photo: VNA)

Southern industrial real estate enters strategic growth phase

Key industrial hubs in the south, including Ho Chi Minh City, Dong Nai and Tay Ninh, are transitioning from a period driven largely by supply expansion and rising land prices to a more refined growth model. This new phase is shaped by infrastructure upgrades, supply chain restructuring, product improvement and greater emphasis on operational performance.

The launch of the Vietnam National Brand Week 2026 on April 16 (Photo: VNA)

Vietnam National Brand Week 2026 opens

Running from April 16 to 23 nationwide, the Vietnam National Brand Week 2026 marks the 18th anniversary of Vietnam Brand Day (April 20, 2008 – 2026).

Ca Mau is currently home to more than 5,200 fishing vessels, including nearly 1,900 boats measuring over 15 metres in length, and all have been equipped with vessel monitoring systems. (Illustrative photo: VNA)

Ca Mau drives changes among fishermen to tackle IUU fishing

Ca Mau is stepping up communication campaigns to disseminate legal regulations on IUU fishing, highlight recent enforcement results, and convey recommendations from the European Commission (EC)’s fifth inspection mission to fishing communities and relevant stakeholders.