Econ
Vietnam consumer spending rises 11.5% in Jan – Nov
If excluding the price factor, the growth rate was 9.34% during the period, higher than the rate of 9.25% recorded in the same period in 2017.
Total retail sales of consumer goods and services in Vietnam reached an estimated VND4,000 trillion (US$171.97 billion) in the first 11 months of 2018, up 11.5% against the same period last year, according to the General Statistics Office (GSO).
If excluding the price factor, the growth rate was 9.34% in the period, higher than a 9.25% rise recorded in the same period in 2017.
In November, revenue from retail sales and services stood at VND385 trillion (US$16.55 billion), up 1.1% month-on-month and 12.2% year-on-year.
On breaking down, retail sales of goods in the 11-month period totaled an estimate of VND3,007.2 trillion (US$129.30 billion), accounting for 75.2% of the total and increasing by 12.3% over the similar period last year.
Estimated sales of accommodation and catering services in the January - November period attained VND488.6 trillion (US$18.90 billion), accounting for 12.2% of the total and rising by 8.6% year-on-year.
Sales of travel services from January to November achieved an estimate of VND37 trillion (US$1.59 billion), making up 0.9% of the total and climbing by 14.7% against the similar period last year.
Sales of other services during this period was estimated at VND467.3 trillion (US$20.08 billion), representing 11.7% of the total and increasing by 9.8% compared to the same period in 2017, according to the government-run office.
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In November, revenue from retail sales and services stood at VND385 trillion (US$16.55 billion), up 1.1% month-on-month and 12.2% year-on-year.
On breaking down, retail sales of goods in the 11-month period totaled an estimate of VND3,007.2 trillion (US$129.30 billion), accounting for 75.2% of the total and increasing by 12.3% over the similar period last year.
Estimated sales of accommodation and catering services in the January - November period attained VND488.6 trillion (US$18.90 billion), accounting for 12.2% of the total and rising by 8.6% year-on-year.
Sales of travel services from January to November achieved an estimate of VND37 trillion (US$1.59 billion), making up 0.9% of the total and climbing by 14.7% against the similar period last year.
Sales of other services during this period was estimated at VND467.3 trillion (US$20.08 billion), representing 11.7% of the total and increasing by 9.8% compared to the same period in 2017, according to the government-run office.
