Retail in Asia

In Markets

Vietnam’s retail, service revenue increases by 9.1pc

Vietnam’s retail sales and service revenue in the first five months of the year totalled VND1,305 trillion (USD60.67 billion), according to the General Statistics Office (GSO).

The figure represents a 9.1 percent increase on the year, the GSO said, adding that it rose 8.2 percent excluding inflation.

Retail sales in the past five months accounted for 75 percent of the sector’s total revenue, reaching VND997 trillion (USD46.37 billion).

(Source: Viet Nam News)