Retail sales in Vietnam declined by 28.4 percent from a year earlier in September of 2021, after a 33.7 percent slump in the previous month. This was the fifth straight month of drop in retail trade, as consumption continued to deteriorate amid rising cases of the Delta variant of coronavirus. Sales contracted faster for all categories: goods (-21 percent vs -25.3 percent in August), accommodation and food services (-53.6 percent vs -66.9 percent), other services (-58.6 percent vs -64.2 percent), and travel (-92.4 percent vs -97.6 percent). Considering the first nine months of the year, retail trade dropped 7.1 percent over the same period of 2020. source: General Statistics Office of Vietnam
Retail Sales Yoy in Vietnam averaged 17.26 percent from 2002 until 2021, reaching an all time high of 76.75 percent in November of 2011 and a record low of -33.70 percent in August of 2021. 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 October of 2021.
Retail Sales Yoy in Vietnam is expected to be -30.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Retail Sales YoY is projected to trend around 5.00 percent in 2022, according to our econometric models.