Retail sales in Vietnam increased by 20.0 percent year-on-year in January 2023, faster than a 17.1 percent growth a month earlier. This was the steepest pace of retail trade since last September, amid continued strong consumption in the wake of pandemic disruptions. Sales expanded faster for both goods (18.1% vs 12.8% in December) and accommodation & food services (37.3% vs 33.4%), while those related to travel activity went up robustly (113.4% vs 113.3%). Meantime, sales of other services moderated sharply (16.8% vs 36.9%). In 2022, retail sales rose by 19.8 percent. source: General Statistics Office of Vietnam

Retail Sales YoY in Vietnam averaged 17.13 percent from 2002 until 2023, reaching an all time high of 76.75 percent in November of 2011 and a record low of -33.70 percent in August of 2021. 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 February of 2023.

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Vietnam Retail Sales YoY



Calendar GMT Actual Previous Consensus TEForecast
2022-12-29 02:00 AM Dec 17.1% 17.5% 15%
2023-01-29 02:00 AM Jan 20.0% 17.1% 14%
2023-02-28 02:00 AM Feb 20.0%


Related Last Previous Unit Reference
Retail Sales YoY 20.00 17.10 percent Jan 2023
Consumer Spending 4736308.62 4270222.00 VND Billion Dec 2021
Retail Sales MoM 1.50 21.00 percent Oct 2022

Vietnam Retail Sales YoY
In Vietnam, the year-over-year change in Retail Sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 17.10 76.75 -33.70 2002 - 2023 percent Monthly

News Stream
Vietnam Retail Sales Rise the Most in 4 Months
Retail sales in Vietnam increased by 20.0 percent year-on-year in January 2023, faster than a 17.1 percent growth a month earlier. This was the steepest pace of retail trade since last September, amid continued strong consumption in the wake of pandemic disruptions. Sales expanded faster for both goods (18.1% vs 12.8% in December) and accommodation & food services (37.3% vs 33.4%), while those related to travel activity went up robustly (113.4% vs 113.3%). Meantime, sales of other services moderated sharply (16.8% vs 36.9%). In 2022, retail sales rose by 19.8 percent.
2023-01-29
Vietnam Retail Sales Growth Eases to 17.1% in December
Retail sales in Vietnam increased by 17.1 percent year-on-year in December of 2022, pointing to the thirteenth straight month of increase in retail activity although easing from a 17.5 percent growth a month earlier as sales weakened for accommodation & food services (33.4 percent vs 51.9 percent), travel (113.3 percent vs 308.7 percent), and other services (36.9 percent vs 41.5 percent). On the other hand, sales increased faster for goods (12.8 percent vs 10.7 percent). From January to December, retail sales gained 19.8 percent from the same period in 2021.
2022-12-29
Vietnam Retail Sales Growth Accelerates in November
Retail sales in Vietnam increased by 17.5 percent year-on-year in November 2022, after a 17.1 percent growth a month earlier which was the slowest pace since April. The latest figure marked the 12th straight month of expansion in retail trade as consumption continued to rise despite ongoing cost pressures. Sales growth accelerated for goods (10.7% vs 9.6% in October), while trade sustained for accommodation and food services (51.9% vs 52.4%), travel (308.7% vs 424.0%), and other services (41.5% vs 52.5%). For the January to November period, retail sales climbed 20.5 percent from the same period in 2021.
2022-11-29