14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Vietnam consumer spending rises 11.3% in Jan - Sep

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.
Reactions:
Share:
Trending
Most Viewed
Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.

Vietnamese goods dominate Tet market 2026 in Hanoi

Vietnamese goods dominate Tet market 2026 in Hanoi

Vietnamese-made goods, including agricultural products and Tet gift items, are dominating the domestic retail market ahead of the 2026 Lunar New Year.

Ho Chi Minh City launches Vietnam International Financial Center

Ho Chi Minh City launches Vietnam International Financial Center

Ho Chi Minh City launched the Vietnam International Financial Center in a major push to become a regional hub for capital markets, fintech and strategic investment.

Suburban Hanoi Tet Fair drives domestic consumption and OCOP promotion

Suburban Hanoi Tet Fair drives domestic consumption and OCOP promotion

As Lunar New Year shopping accelerates, a suburban Hanoi commune is using a consumer goods exhibition to connect local producers with residents and strengthen demand for high-quality Vietnamese products.

Quoc Oai launches creative OCOP Center boosting craft production and tourism

Quoc Oai launches creative OCOP Center boosting craft production and tourism

The launch of a Creative Design and One Commune One Product (OCOP) Promotion Center in Quoc Oai Commune marks a step toward sustainable rural economic development, connecting traditional craft village products with tourism while enhancing market access and promoting local cultural identity.

Vietnam tech groups back state push on innovation, digital and green transition

Vietnam tech groups back state push on innovation, digital and green transition

Vietnam is counting on its technology sector to power the next phase of economic growth, with business leaders committing to innovation, digitalization and green transition under newly launched emulation movements.

Hanoi brings "Made in Vietnam" for Tet shopping 

Hanoi brings "Made in Vietnam" for Tet shopping 

The programs aim to stimulate local trade and meet Tet (the Lunar New Year) shopping demand, while supporting the growth of Hanoi’s cultural industries and tourism.

From clay toys to tea: culture shapes shopping at Spring Fair 2026

From clay toys to tea: culture shapes shopping at Spring Fair 2026

Beyond its record-breaking scale, the first Spring Fair 2026 feels less like a marketplace than a cultural crossroads, where regional identities, handcrafted goods and digital ambition converge, hinting at how Vietnamese products may find new value ahead of the Lunar New Year 2026.