Retail sales grow by 8.3%

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Retail sales grow by 8.3%

Vietnam News - 7/29/2015 11:03:38 AM

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Viet Nam's goods and services sector continued stable momentum during the first half of 2015 as total retail sales hit US$85.8 billion, a year-on-year increase of 8.3 per cent.

According to General Statistics Office (GSO) expert Vu Manh Ha, the country's total retail sales stabilised in the first quarter this year.

The increase was 8 per cent in the first four months and 8.2 per cent in the first five months.

Ha said the increase in total retail sales reflected the low increase in the consumer price index (CPI).

In the first seven months of this year, the private sector accounted for 85.6 per cent of total retail sales, earning $73.4 billion or a year-on-year increase of 9.5 per cent.

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