In 2021, Vietnam's total goods retail sales and consumer service revenues decreased 3.8 per cent from the previous year to over 4,789 trillion Vietnamese dong ($202.3 billion). - VNA/VNS
HANOI (Xinhua): Vietnam's total goods retail sales and consumer service revenues increased 20.5 per cent year on year from January to November to over 5,180.5 trillion Vietnamese dong (US$218.9 billion), according to the country's General Statistics Office on Thursday (Dec 1).
Specifically, Vietnam's goods retail sales stood at nearly 4,079.4 trillion Vietnamese dong ($172.4 billion), up 14.8 per cent, with the sales of cultural and educational products increasing 22.9 per cent, and those of clothing growing 17.6 per cent.
In the 11-month period, restaurant and accommodation revenues totaled more than 536.3 trillion Vietnamese dong (roughly $22.7 billion), surging 56.5 per cent, and tourism revenues stood at over 22.9 trillion Vietnamese dong ($968 million), increasing four times compared to the same period last year, according to the office.
In 2021, Vietnam's total goods retail sales and consumer service revenues decreased 3.8 per cent from the previous year to over 4,789 trillion Vietnamese dong ($202.3 billion).
Specifically, its goods retail sales increased 0.2 per cent to nearly 3,951 trillion Vietnamese dong ($166.9 billion).
As for the country's manufacturing sector, a report released on Thursday by S&P Global Market Intelligence said deteriorating global economic conditions pushed the Vietnamese manufacturing sector into decline during November with reduced output, new orders, employment and purchasing activity.
The S&P Global Vietnam Manufacturing Purchasing Managers' Index posted below the 50.0 no-change mark during November, ending a 13-month sequence of expansion, said the report.
It dropped to 47.4 in November from 50.6 in October, signalling a solid deterioration in business conditions during the month, according to the report.
Manufacturing new orders decreased for the first time in 14 months midway through the final quarter of the year. The impact of unfavourable exchange rate movements on prices and the Russia-Ukraine conflict contributed to export fall, it said.
