Retail, service sales up 6.5 percent in September Business

Retail, service sales up 6.5 percent in September

The total retail sales of consumer goods and services in September increased 65.5 percent against August as production, business and service activities resumed in some localities after the COVID-19 is put under control.
August retail sales plunge as COVID-19 cases on rise 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.
WB lowers Vietnam’s growth forecast to 4.8 percent in 2021 Business

WB lowers Vietnam’s growth forecast to 4.8 percent in 2021

While downside risks have heightened, economic fundamentals remain solid in Vietnam, and the economy could converge toward the pre-pandemic GDP growth rate of 6.5-7 percent from 2022 onward, said Rahul Kitchlu, World Bank Acting Country Director for Vietnam.
Domestic trade to make up 15 percent of GDP by 2030 Business

Domestic trade to make up 15 percent of GDP by 2030

A strategy for developing domestic trade between 2021 and 2030 has been signed off by Deputy Prime Minister Le Van Thanh, aiming to raise domestic trade’s proportion in the country’s GDP to 15 - 15.5 percent in the next 10 years.
 Singapore sees surge in May retail revenue World

Singapore sees surge in May retail revenue

Singapore's retail sales surged 79.7 percent year-on-year in May from 54 percent year-on-year increase recorded in April, according to the Department of Statistics (DOS).
Ho Chi Minh City’s retail revenue down in June Business

Ho Chi Minh City’s retail revenue down in June

The total retail sales of goods and consumer services in Ho Chi Minh City in June was estimated at over 81.4 trillion VND (3.53 billion USD), down nearly 8 percent month-on-month and 5.1 percent year-on-year, reported the municipal Statistics Office.