Vietnam's retail sales, service revenues surge in 11 months
Vietnam`s total goods retail sales and consumer service revenues were nearly 3,601 trillion Vietnamese dong (over 159.3 billion U.S. dollars) in the first 11 months of this year, up 10.7 percent on-year, the country`s General Statistics Office said on Thursday.
Specifically, Vietnam's goods retail sales stood at nearly 2,698 trillion Vietnamese dong (119.3 billion U.S. dollars), up 10.8 percent, with sales of automobiles growing 17.8 percent, precious metals and gemstones growing 15.2 percent, food and foodstuffs growing 10.4 percent, educational and cultural products growing 9.7 percent, and garments growing 9.2 percent.
Restaurant and accommodation revenues were 445.3 trillion Vietnamese dong (19.7 billion U.S. dollars), up 12.4 percent, and tourism revenues were 33.7 trillion Vietnamese dong (nearly 1.5 billion U.S. dollars), up 16.2 percent.
Vietnam welcomed over 11.6 million foreign visitors in the first 11 months of this year, up 27.8 percent on-year, said the Vietnam National Administration of Tourism.
This year, Vietnam targeted to welcome 11.5 million person-times of foreign visitors and serve 66 million domestic travelers, pocketing 460 trillion Vietnamese dong (20.63 billion dollars) in tourism revenue, said the administration.
Tourism is expected to contribute 10 percent to Vietnam’s gross domestic product by 2020 when the country expects to receive up to 20 million foreign visitors and earn $35 billion in tourism revenue.
Vietnam welcomed over 11.6 million foreign visitors in the first 11 months of this year, up 27.8 percent on-year, said the Vietnam National Administration of Tourism.
This year, Vietnam targeted to welcome 11.5 million person-times of foreign visitors and serve 66 million domestic travelers, pocketing 460 trillion Vietnamese dong (20.63 billion dollars) in tourism revenue, said the administration.
Tourism is expected to contribute 10 percent to Vietnam’s gross domestic product by 2020 when the country expects to receive up to 20 million foreign visitors and earn $35 billion in tourism revenue.
22:57, 2024/11/29
Hanoi controls fruit traders to ensure safety
By encouraging all stakeholders to co-operate, Hanoi aims to improve food safety standards and protect public health.
18:45, 2024/11/28
Vietnam, Hesse (Germany) promote high-tech cooperation
Bilateral trade between Vietnam and Hesse has reached around EUR1 billion (US$1.05 billion) annually, accounting for one-tenth of total trade between Vietnam and Germany.
15:34, 2024/11/27
Big discounts on offer at Hanoi's November Promotion Festival
The event is part of the Hanoi Concentrated Promotion Program 2024, held in May, July, and November, attracting up to 2,000 businesses.
17:23, 2024/11/26
Hanoi unveils 150 most popular Vietnamese products and services for 2024
The "Most Popular Vietnamese Products" voting program is part of the city's broader efforts to encourage the consumption of local goods.
16:50, 2024/11/23
Hanoi hosts the Vietnam Regional Specialties Fair 2024
This year's fair will contribute to the promotion of trade and the expansion of typical regional products, especially agricultural and food products that meet export standards.
14:06, 2024/11/20
Hanoi strengthens export competitiveness and trade protection measures
Hanoi will work with the Ministry of Industry and Trade to ensure that businesses and manufacturers are ready for new challenges.
- US reiterates Vietnam is not manipulating currency
- Vietnam, Brazil: Building bridges through shared history and new partnerships
- Hanoi to attract tourists by showcasing local specialties at wholesale markets
- National E-commerce Week, Vietnam Online Shopping Day 2024 set to kick off
- Vietnamese goods in rising demand among Hanoi residents
- Hanoi unveils 2024 rural industrial plans