Business

Retail sales, service revenue up 11.3% in September

For the first nine months of 2025, total retail sales and service revenue recorded a solid increase of 9.5% year-on-year to over 5.17 quadrillion VND. Excluding the price factor, the growth rate was 7.2%, compared to a 5.8% rise in the same period last year.

Total retail sales of goods and consumer service revenue are estimated at 598.7 trillion VND in September. (Photo: VNA)
Total retail sales of goods and consumer service revenue are estimated at 598.7 trillion VND in September. (Photo: VNA)

Hanoi (VNA) – Increasing domestic demand for goods, services, and tourism, especially during major national holidays, and a surge in international tourist arrivals in Vietnam have substantially contributed to the trade and service sector's growth in September and the first nine months of this year, according to the National Statistics Office under the Ministry of Finance.

Specifically, total retail sales of goods and consumer service revenue were estimated at 598.7 trillion VND (22.7 billion USD) in September, up 2% month-on-month, and 11.3% from the same period last year.

Of the total, revenue from apparel rose by 15.2% year-on-year; food by 13.8%; cultural and educational products by 11.4%; household appliances, tools, and equipment by 10.0%; accommodation and catering services by 15.0%; and tourism services by 19.7%.

For the first nine months of 2025, total retail sales and service revenue recorded a solid increase of 9.5% year-on-year to over 5.17 quadrillion VND. Excluding the price factor, the growth rate was 7.2%, compared to a 5.8% rise in the same period last year.

Retail sales of goods in the period were estimated at nearly 3.95 quadrillion VND, up 8.3% from a year earlier. By category, sales of food increased by 10.3%; apparel by 8.2%; cultural and educational products by 8.1%; and household appliances, tools, and equipment by 6.7%.

Major cities recorded high year-on-year growth, including Da Nang (9.4%), Can Tho (8.8%), Hanoi (8.4%), and Ho Chi Minh City and Hai Phong (both 8.3%).

The nine-month tourism revenue stood at 69.6 trillion VND, representing a year-on-year increase of 20.5%, while that from accommodation and food services was estimated at 624.4 trillion VND, up 14.8%. Other services earned about 534.1 trillion VND, picking up 12.1%.

The results of the first nine months show that domestic consumer demand continues to be a key driver of economic growth. With the peak season for shopping, tourism, and year-end festivals approaching, total retail sales and service revenue in the fourth quarter are expected to continue rising strongly, helping to sustain the recovery momentum and boost GDP growth for the whole year, said the National Statistics Office./.

VNA
#domestic demand #National Statistics Office #retail sales of goods #consumer service revenue #economic growth
Follow VietnamPlus

Post-pandemic recovery

Related News

Total international arrivals in Vietnam surpass 15.4 million in the first nine months, up 21.5% from 2024. (Photo: VNA)

Tourism sector drives national economic growth

The country welcomed about 1.5 million foreign visitors in September — down 9.6% from August but 19.5% higher year-on-year. Total international arrivals surpassed 15.4 million in the first nine months, up 21.5% from 2024, with 84.5% arriving by air.

Supporting and hi-tech industries drive FDI attraction to Dong Nai. (Photo: VNA)

Vietnam’s FDI disbursement highest in five years

Vietnam’s disbursement of foreign direct investment (FDI) in January – September recorded its highest level in five years, reaching 18.8 billion USD, a year-on-year increase of 8.5%, the National Statistics Office of Vietnam under the Ministry of Finance revealed on October 6.

See more

LS Eco Energy factory (Photo: Iscns.co.kr)

RoK company expands rare earth metal production in Vietnam

LS Eco Energy, a company specialising in renewable energy and rare earth elements under the Republic of Korea (RoK)'s LS Cable & System, has approved a plan to expand its rare earth metal business in Vietnam, in a bid to seek long-term growth in the strategic materials sector.

Prime Minister Pham Minh Chinh speaks at the fourth meeting of the Central Steering Committee for Housing Policy and Real Estate Market on December 17. (Photo: VNA)

PM calls for stronger efforts to meet housing demand, ensure people's right to housing

PM Chinh noted that the real estate and housing market showed positive changes in 2025. With the engagement of the entire political system and society, Vietnam completed the elimination of temporary and dilapidated housing nationwide with more than 334,000 units, five years ahead of schedule. Nonetheless, continued efforts are needed to ensure no one is left without shelter.

Officers of the Hon Gai port border gate guard station coordinate inspections and handle vessels engaged in illegal fishing activities in Ha Long Bay. (Photo: Quang Ninh Newspaper)

Quang Ninh province strengthens fishing vessel controls

In the coming period, Quang Ninh will continue to implement government and ministerial directives on combating IUU fishing, contributing to efforts to meet the EC’s recommendations and move toward the lifting of the yellow card warning against Vietnam’s seafood exports.

The draft is designed to implement a plan to simplify business regulations for banks, in line with the Government's Resolution No. 66/NQ-CP. (Photo: VNA)

SBV plans to simplify business regulations for banks

Under a draft circular to replace Circular 32/2024/TT-NHNN, now open for public comment, many administrative procedures for establishing and relocating commercial bank branches and transaction offices will be significantly shortened.

Illustrative image (Photo: VNA)

Vietnam consolidates position as one of Asia’s economic bright spots

Next year, Vietnam is expected not only to maintain a high growth rate relative to the region but also to further reinforce its status as one of Asia’s economic bright spots thanks to macroeconomic stability, a dynamic domestic market, and a clear orientation towards attracting strategic investments.

Many vessels have installed additional vessel monitoring systems to ensure uninterrupted information connectivity with shore-based stations during fishing trips. (Photo: VNA)

Decisive moment of fight against IUU fishing violations

Under the close direction of the Prime Minister, coastal localities nationwide, particularly in central Vietnam, are urgently implementing assigned tasks with clear schedules and milestones, delivering tangible weekly progress.

Prime Minister Pham Minh Chinh speaks at the 26th meeting of the National Steering Committee for Combating Illegal, Unreported and Unregulated (IUU) Fishing. (Photo: VNA)

Local leaders must be held accountable for IUU fishing violations: PM

PM Chinh requested the Government Inspectorate to promptly identify localities that lack determination or fail to handle violations thoroughly, including cases where vessels not meeting legal requirements are still allowed to leave ports, and to clarify responsibilities and impose sanctions without delay.

The ribbon-cutting ceremony marking the export of C.P. Vietnam's first container shipment to Singapore. (Photo: VNA)

C.P. Vietnam exports first processed chicken batch to Singapore

The CPV Food Binh Phuoc plant operates a closed-loop system and holds international certifications, including HACCP, BRC, ISO 22000, and Halal. Before reaching Singapore, the company’s processed chicken was already exported to Japan, Hong Kong (China), Cambodia, and Laos, with Japan alone importing 10,000 tonnes by November 2025.