Retail sales of goods, services up 8.2% in Q1

By VNA   April 3, 2024 | 11:41 pm PT
Retail sales of goods, services up 8.2% in Q1
People shop in a supermarket in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
Retail sales of goods and consumer service in the first quarter of 2024 was estimated at VND1.53 quadrillion (US$61.2 billion), up 8.2% year-on-year, according to the General Statistics Office (GSO).

Of the total, the retail sales of goods were estimated at VND1.19 quadrillion, accounting for 77.4% of the total and up 7% year-on-year (up 4.5% if excluding the price factor).

That of food and foodstuffs surged 11.8%, household appliances and tools 15%, garment 8%, vehicles (except cars) 4.9%, and cultural and educational products 17.7%.

Revenue from accommodation and catering services in this quarter was estimated at VND174.8 trillion, up 13.4% year-on-year, while that from tourism and travel services surged by 46.3% to VND14.1 trillion.

The total revenue from the retail sales of goods and consumer service in March was estimated at VND509.3 trillion, up 0.5% month-on-month and 9.2% year-on-year.

In the month, the retail revenue of food and foodstuffs rose by 11.6%, household appliances and tools 16%, garment 10.1%, accommodation and catering services 15.8%, and tourism and travel services 66.1% against the same period last year.

 
 
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