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Total retail sales of goods and services rises 18.5% in October

 
Total retail sales of goods and services rises 18.5% in October

In Hanoi, total retail sales of goods and services in October saw a sharp increase of 59.8% compared to the previous month. (Illustrative image)   

NDO – The total retail sales of goods and services in October increased by 18.5% compared to the previous month thanks to the easing of COVID-19 pandemic prevention and control measures in many localities.


According to the Ministry of Industry and Trade, the market in a number of localities gradually recovered in October with the reopening of many traditional markets.

However, total retail sales of goods and services in October decreased by 19.52% compared to the same period last year.

The retail sales of goods occupied the largest proportion in the structure of total retail sales of goods and services in 10 months, accounting for 82.8%, while accommodation and catering services accounted for 8.3%, tourism accounted for only 0.1% and other services accounted for 8.8%.

In Hanoi, total retail sales of goods and services in October saw a sharp increase of 59.8% compared to the previous month and 5.1% compared to the same period last year.

The industry and trade sector will implement measures to promote the circulation of goods across the domestic market in the remaining months of this year while boosting the application of e-commerce in their circulation and distribution.

In addition, the Ministry of Industry and Trade will continue to conduct domestic consumption stimulation programmes and trade promotion activities.

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