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.

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Vietnam Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
6.40 9.40 76.75 -26.00 2002 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-29 02:00 AM Oct 6.1% 4.9%
2020-11-29 02:00 AM Nov 8.5% 6.1% 6.5%
2020-12-27 07:30 AM Dec 9.4% 8.5% 8.5%
2021-01-29 02:00 AM Jan 6.4% 9.4% 7.5%
2021-02-28 02:00 AM Feb 6.4%
2021-03-27 06:30 AM Mar
2021-04-29 02:00 AM Apr
2021-05-29 02:00 AM May


News Stream
Vietnam Retail Sales Rise the Least in 3 Months
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).
2021-01-29
Vietnam Retail Sales Growth at 11-Month High
Retail sales in Vietnam increased by 9.4 percent from a year earlier in December of 2020, faster than an 8.5 percent rise in the previous month. This was the steepest rise in retail trade since January, amid improving demand following the government's measures to contain the COVID-19 pandemic, with sales rising for both goods (13.8 percent vs 13.2 percent in November) and other services (2.4 percent vs -0.7 percent). At the same time, sales continued to fall for both accommodation, foods & beverages (-5.4 percent vs -6.5 percent) and travel (-68.2 percent vs -68.3 percent. Considering the January to December period, retail trade rose by 2.6 percent from the same period of 2019.
2020-12-27
Vietnam Retail Sales Grow the Most in 10 Months
Retail sales in Vietnam increased by 8.5 percent from a year earlier in November of 2020, faster than a 6.1 percent rise in the previous month. This was the fastest rise in retail trade since January, amid a stronger rise in sales of goods (13.2 percent vs 11 percent in October) as demand improved further following the government's measures to contain the COVID-19 pandemic. At the same time, sales fell at a slower pace for accommodation, foods & beverages (-6.5 percent vs -9 percent), travel (-68.3 percent vs -69.8 percent), and other services (-0.7 percent vs -4.4 percent). Considering the January to November period, retail trade rose by 2 percent from the same period of 2019.
2020-11-29
Vietnam Retail Sales Grow the Most in 9 Months
Retail sales in Vietnam increased by 6.1 percent from a year earlier in October of 2020, after a 4.9 percent rise in the previous month. This was the fastest rise in retail trade since January, amid a stronger rise in sales of goods (11 percent vs 9.2 percent in September) as demand improved following the government's measures to fight against the COVID-19 pandemic. At the same time, sales fell further for accommodation, foods & beverages (-9 percent vs -7.3 percent), travel (-69.8 percent vs -70 percent), and other services (-4.4 percent vs -5 percent). Considering the January to October period, retail trade rose by 1.3 percent from the same period of 2019.
2020-10-29

Vietnam Retail Sales YoY
In Vietnam, the year-over-year change in Retail Sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.