Monday, 17 Jun 2019

Vietnam consumer spending rises 11.3% in Jan - Sep

Updated at Tuesday, 02 Oct 2018, 11:04
The Hanoitimes - If excluding the price factor, the growth rate was 8.8% during the period, higher than the rate of 8.76% recorded in the same period in 2017.
Total retail sales of consumer goods and services reached an estimated VND3,235 trillion (US$138.25 billion) in the first nine months of 2018, up 11.3% against the same period last year, according to the General Statistics Office (GSO). 
Illustrative photo.
Illustrative photo.
If excluding the price factor, the growth rate was 8.8% in the period, higher than an 8.76% rise recorded in the same period in 2017.

In September, revenue from retail sales and services stood at VND374.8 trillion (US$16 billion), up 1.3% month-on-month and 12.5% year-on-year, totaling VND1,110 trillion (US$47.43 billion) in the July - September period, up 3.8% against the previous quarter and 12.5% year-on-year.

On breaking down, retail sales of goods in the nine-month period gained an estimate of VND2,400trillion (US$102.56 billion), accounting for 75.2% of the total and increasing by 12% over the similar period last year. 

Estimated sales of accommodation and catering services in the January - September period attained VND396 trillion (US$16.92 billion), accounting for 12.3% of the total and moving up by 8.4% from the same period last year. 

​Sales of tours in nine months of this year achieved an estimate of VND30.3 trillion (US$1.29 billion), making up 0.9% of the total and climbing by 16.9% against the similar period last year.

Sales of other services during this period was estimated at VND375.7 trillion (US$16.05 billion), representing 11.6% of the total and increasing by 9.7% compared to the comparable period in 2017.
Ngoc Mai
Print pageSend to friend Share on facebook  Share on twitterCommentView comment
Savor flavors of traditional dishes at Hanoi Cuisine Culture Festival
Thiết kế web: OnIP™