Vietnam Retail Sales, Services Rise 18.6% to US$64.8B This Year

3:15:41 PM | 1/4/2010

Vietnam’s total retail sales and services revenue is forecast to have risen 18.6% from a year earlier to VND1,197.48 trillion (US$64.8 billion) in 2009.
 
In December, the figure is estimated at VND120.562 trillion, up 5.75% on-month, the General Statistics Office (GSO) said.
 
The trade sector has seen an on-year revenue increase of 18.6% to VND939.632 trillion, equivalent to 78.5% of the country's sum.
 
The hotel and restaurant sector is estimated to have reported an on-year revenue rise of 18.4% to VND134.963 trillion and the tourism and service sectors see increases of 1.9% and 20.3% to VND11.278 trillion and VND111.607 trillion on-year, respectively. (GSO Dec 2009)