Retail sales in Vietnam increased by 6.4 percent from a year earlier in January of 2021, slowing from a 9.4 percent rise in the previous month. This was the weakest rise in retail trade since October, as demand softened following a resurgence in local coronavirus infections. There were rises in sales of both goods (8.7 percent vs 13.8 percent in December), and other services (7.3 percent vs 2.4 percent). Meantime, sales continued to fall for both accommodation, foods & beverages (-4.1 percent vs -5.4 percent), and travel (-62.2 percent vs -68.2 percent). source: General Statistics Office of Vietnam
Retail Sales Yoy in Vietnam averaged 18.09 percent from 2002 until 2021, reaching an all time high of 76.75 percent in November of 2011 and a record low of -26 percent in April of 2020. This page provides - Vietnam Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Retail Sales Yoy in Vietnam is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Vietnam to stand at 7.70 in 12 months time. In the long-term, the Vietnam Retail Sales YoY is projected to trend around 10.60 percent in 2022, according to our econometric models.