Retail sales in Vietnam jumped by 30.9 percent year-on-year in April 2021, following a 9.2 percent rise in the previous month. This marked the eleventh straight month of growth in retail trade and the fastest rate since December 2011, amid strengthening consumption as the economy recovered further from the coronavirus shocks. Sales went up for all categories: goods (22.2 percent vs 8.5 percent in March), accommodation, foods & beverages (92.3 percent vs 13.6 percent), other services (16,456 percent vs 11.4 percent), and travel (745.6 percent vs -34.6 percent). From the January to April period, retail trade grew by 10 percent over the same period of 2020. source: General Statistics Office of Vietnam
Retail Sales Yoy in Vietnam averaged 18.06 percent from 2002 until 2021, reaching an all time high of 76.75 percent in November of 2011 and a record low of -26 percent in April of 2020. This page provides - Vietnam Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Retail Sales YoY - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Retail Sales Yoy in Vietnam is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Retail Sales Yoy in Vietnam to stand at 3.50 in 12 months time. In the long-term, the Vietnam Retail Sales YoY is projected to trend around 5.00 percent in 2022, according to our econometric models.