Excluding the price factor, the seven-month sales increased by 9.6 per cent, a modest reduction from the growth of 11.7 per cent during the same period last year.
Goods retail sales, which account for 78.7 per cent of the total, were estimated at nearly VND 2.78 quadrillion, a 9 per cent increase from the previous year. Breakdown reveals a rise in sales across various sectors including apparel at 8.8 per cent, GSO said.
July showed robust retailing and services, with retail sales and consumer service revenue reaching VND 512.2 trillion, up 1.1 per cent month-on-month (MoM) and 7.1 per cent YoY.
ALCHEMPro News Desk (NB)
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