Vietnam's domestic consumption continues to show resilience amid economic slowdown

From January-May 2023, Vietnam posted retail sales of goods up 10.7 per cent to about 1,994 trillion dong (US$84 billion), with sales of food growing 14.6 per cent. - VNA/VNS

HANOI (Xinhua): Vietnam's retail sales of goods and services rose 12.6 per cent from a year earlier to over 2,52 trillion Vietnamese dong (US$107 billion) in the first five months, Vietnam News Agency reported on Tuesday (May 30).

Total sales by retailers and service providers in the January-May period grew at the fastest pace since 2015, rebounding from the year-on-year expansion of 10.9 per cent in pre-pandemic 2019, said the General Statistics Office (GSO) in a statement.