Hanoi's retail sales of consumer goods and services reached VND567.5 trillion (US$23.4 billion) in the first 10 months of 2023, up 28.8% year-on-year.
Over 12,000 promotion programs of Hanoi's enterprises with an estimated total value of over VND25 trillion (US$1 billion) were offered at the Hanoi Grand Sale 2023, which ran until November, in response to the national concentrated promotion program, said Tran Thi Phuong Lan, Director of the Hanoi Department of Industry and Trade, at the opening ceremony of the Vietnam Grand Sale 2023 in Hanoi on December 4.
Launch of the Vietnam Grand Sale 2023. Photo: moit.gov.vn |
She said that in response to the national concentrated promotion program initiated by the Ministry of Industry and Trade, Hanoi will launch a stimulus campaign covering food, consumer goods, fashion, textiles, electronics, telecommunications, banking, and real estate.
Hanoi's retail sales of consumer goods and services reached VND567.5 trillion (US$23.4 billion) in the first 10 months of 2023, up 28.8% year-on-year, she added.
Speaking at the event, Le Hoang Tai, deputy director of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, said the program will be implemented through both traditional trade and e-commerce channels, combined with fairs, exhibitions and events.
Government agencies and citizens will inspect and monitor the promotional activities of enterprises to ensure transparency and compliance with legal regulations.
The Vietnam Grand Program 2023, which runs from December 4 to January 10, 2024, is expected to contribute to the overall increase in retail sales and service revenues.
According to the General Statistics Office, in the first 11 months of this year, total retail sales of goods and consumer service revenues reached VND5.55 trillion ($235 billion), up 9.6% year-on-year.
Other News
- Vietnam on track for Q2 export breakthrough, economist predicts
- Unlocking the tourism potential of Hanoi's suburbs
- Vietnam's tourism sees 58.2% increase in int’l visitors
- Expectations for Vietnam’s real estate market to flourish
- Training: key to enhancing competitiveness of Vietnam's tourism workforce
- Cooperation and investment: key to effective tourism promotion in Vietnam
- IT training urged to focus on semiconductors
- Hanoi Great Souvenir Fair 2024 to take place next week
- As orders rise, Vietnamese textile firms see better prospects in 2024
- C.bank to auction nearly 17,000 gold taels on April 22
Trending
-
Vietnam's tourism sees 58.2% increase in int’l visitors
-
Vietnam news in brief - May 2
-
Art exhibition combining tradition and modernity
-
Hanoi strives to ensure smooth high school exams
-
Carnaval Ha Long 2024 woos tourists with fireworks and drone light shows
-
Affordable, quality tours offered at Hanoi Tourism Festival 2024
-
Introduction of community tourism area in Hanoi herb kingdom
-
Capital Law revision helps Hanoi promote role as nation’s socio-economic hub
-
IT training urged to focus on semiconductors