Seven month retail figures post 4.9 percent increase

According to the General Statistics Office, total retail sales and services were estimated at VND213.3 trillion in July, up 0.4 percent compared to the previous month and 12.8 percent year-on-year.

In the first seven months of this year, total retail sales and services reached VND1,480 trillion, up 12 percent year-on-year.

Of the seven-month total retail sales and services, trade reached VND1,140 trillion, up 11.4 percent, accounting for 77 percent; hotels and restaurants hit VND179 trillion, up 14.7 percent, accounting for 12 percent; services touched VND151 trillion, up 14.9 percent, accounting for 10 percent; and tourism was at VND14.3 trillion, up 2 percent, accounting for 1 percent.

By Ng.Quang – Translated by Thuy Doan

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