Retail sales in Vietnam increased by 13.2 percent year-on-year in February 2023, slowing from a 20 percent gain in the prior month. This was the softest rise in retail trade since April 2022, amid rising cost pressures and higher borrowing costs. Sales moderated for most components, namely goods (10.5% vs 18.1% in January), accommodation & food services (27.3% vs 37.3%), and other services (18.7% vs 16.8%). At the same time, sales related to travel activity fell 5.3% after jumping 113.4 percent in January. Considering the January to February period, retail sales rose by 13.0 percent. In 2022, retail sales rose by 19.8 percent. source: General Statistics Office of Vietnam
Retail Sales YoY in Vietnam averaged 17.11 percent from 2002 until 2023, 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 March of 2023.