Home Economy

Retail sales up nearly 19% in seven months

Jul 31st at 13:18
31-07-2012 13:18:52+07:00

Retail sales up nearly 19% in seven months

The total value of retail sales of goods and services was estimated at VND 1,327.5 trillion, up 18.74%, according to the General Statistics Office (GSO).

Commercial business reached US$1.027 trillion, up 18.2% against the same period last year and occupied 77.4% of the national total consumption revenue.

Catering and hotel services were estimated at VND 153.3 trillion, up 19.3% and accounted for 11.7% of the total revenue.

Tourism and services respectively hit VND 13.7 trillion (up 26.6%) and VND 131.4 trillion (up21.7%) against the same period last year.

In July, the total retail sales were estimated at VND 189.2 trillion, up 0.12% against last month.

Commercial sector still dominated the July’s total revenue with around VND 145.6 trillion, a year-on-year increase of 0.09%./.

sbv

MOST READ

NEWS SAME CATEGORY

Local production struggles
ECONOMY Jul 31st at 13:17

Local production struggles

 Weak domestic production and rising demand led to a 28 per cent year-on-year increase in imported foods and beverages during the first six months of the year.

Vietnam thinks of forming up a chain of airports in the central region
ECONOMY Jul 31st at 12:55

Vietnam thinks of forming up a chain of airports in the central region

The Khanh Hoa provincial people’s committee has sent a document to the Ministry of National Defense, requesting the ministry to show its opinion about the plan to...

Government releases import/export strategy aimed at trade balance
ECONOMY Jul 31st at 12:50

Government releases import/export strategy aimed at trade balance

The Government has released its import and export strategy for the next eight years with an orientation towards 2030.

Investment in agricultural sector still low
ECONOMY Jul 31st at 12:46

Investment in agricultural sector still low

Only 55-60 per cent of the agricultural sector has met its investment needs, and if a new policy for the industry is not drawn up by the Government, the sector...

Japanese investors eye Dong Nai Province
ECONOMY Jul 31st at 12:33

Japanese investors eye Dong Nai Province

Many investors, particularly from Japan, are expressing keen interest in Dong Nai Province, according to the province's Department of Planning and Investment.

Public debt reduction targeted
ECONOMY Jul 30th at 13:29

Public debt reduction targeted

A limit of public debt to no more than 65 per cent of the gross domestic product by 2020 and 60 per cent by 2030 has been targeted in a national strategy approved...

Minister calls for more British investment
ECONOMY Jul 30th at 13:19

Minister calls for more British investment

Minister of Culture, Sports and Tourism Hoang Tuan Anh met on Friday with the leaders of the City of London to promote Viet Nam's potential for co-operation.

Firms look to e-commerce to boost trade
ECONOMY Jul 30th at 13:14

Firms look to e-commerce to boost trade

E-Commerce is expected to help Viet Nam meet its export turnover target of more than US$110 billion this year, according to an official with the Viet Nam Chamber of...

Russian WTO membership to bring golden opportunities to Vietnamese goods
ECONOMY Jul 30th at 12:58

Russian WTO membership to bring golden opportunities to Vietnamese goods

If Russia fulfills all the commitments it made when joining the World Trade Organization (WTO), there would be the great advantages Vietnam can take to boost...

MOIT’s business rescue plan turns out of date before it comes out
ECONOMY Jul 30th at 12:57

MOIT’s business rescue plan turns out of date before it comes out

Built up to rescue businesses, but the Ministry of Industry and Trade’s (MOIT) plan on helping businesses overcome difficulties is believed to be helpless, because...

Read More

MOST READ

Back To Top