According to the MoIT, all businesses can participate in the programme without any ion or review process. Enterprises may independently launch promotional campaigns with diverse and appealing content for customers and are allowed to offer discounts of up to 100...
Trade and tourism activities continued to show positive growth last month, with total retail sales of goods and consumer service revenue estimated at VNĐ576.4 trillion (US$21.98 billion).
Việt Nam''s total retail sales of consumer goods and services reached VNĐ6.4 quadrillion (US$252 billion) in 2024, marking a year-on-year increase of 9 per cent, according to the General Statistics Office (GSO).
Sales of food and foodstuff rose by 10.7 per cent, household appliances and tools 8 per cent, garment 8.7 per cent, vehicles (except cars) 7.5 per cent, and cultural and educational products 6.6 per cent.
In July alone, Việt Nam''s retail sales and services revenue was VNĐ528.3 trillion, a rise of 9.4 per cent from the same period last year, the General Statistics Office (GSO) said.
Việt Nam''s retail sales and services revenue in the first five months of this year rose 8.7 per cent, totalling VNĐ2.58 quadrillion (more than US$1 billion).
The figure contributed to a year-on-year rise of 8.1 per cent in total retail sales of goods and revenue from consumer services in the first two months of this year to VNĐ1.03 quadrillion.
Even in a difficult economic context, it is expected that purchasing power during this year''s Lunar New Year could increase by over 10 per cent compared to the same period last year.
Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.
Competition in the retail market is predicted to be more intense with the participation of new retailers and operation expansion of existing domestic and international retailers.