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    Market Info

    Retail revenue of the first 8 months 2018

    09:05 | 12/09/2018

    According to the General Statistics Office, over 370 trillion VND, retail sales of commodities reached 277.2 trillion VND, up 1% over the previous month and increased 12.9% over the same period last year.

    Meanwhile, the revenue of the stay service, eat and drink service only reached a modest number of 45.1 trillion, fell 1.9% over the previous month and increased 8.6% over the same period of the year before. The tourism turnover reached 3.6 trillion, reducing 1.6% and increasing 12.2%; Other services revenue reached 44.1 trillion, reducing 0.3% over the previous month and increasing 14.7% over the same period of the previous year.

    In general, in the first 8 months of 2018, the total retail revenue of commodity and consumer service estimated to reach 2.86 million billion, up 11.2% over the same period of the year before, if excluding price factor, increasing 8.53% (the same period in 2017 increased 8.36%).

    According to the business sector, retail sales revenue of commodities of the first 8 months 2018 estimated 2.1 million billion, accounting for 75.2% of the total level and up 11.7% over the same period of the year. In it, it is noteworthy that the victuals industry has the highest increase, with 12.8% over the same period last year.

    The garment industry also has a high growth rate of 12.3%; Utensils, tools, household equipment up 11.6%; Cultural and educational products increased 10.8% and the transportation increased by 10.7%.

    Source: VnEconomy, An electronic media of Vietnam Economic Times - Thoi bao Kinh te Viet Nam.


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