Retail sales of goods and consumer services rise 10.9% in Q1 2026 year on year

According to the latest report released by the General Statistics Office, domestic consumer demand rose during the holidays and Tet, and the number of international visitors to Vietnam increased, which were key drivers of growth in the trade and services sector in Q1 2026. The total retail sales of goods and consumer services revenue in March 2026 are estimated to have risen by 12.1% year-on-year. Cumulatively for Q1 2026, total retail sales of goods and consumer services revenue increased by 10.9% year-on-year, with accommodation and food service revenue up 13.3% and travel agency revenue up 12.5%. The total retail sales of goods and consumer services revenue at current prices in March 2026 is estimated at 638.6 trillion dong, up 12.1% year-on-year. Specifically, revenue from gasoline and oil rose 23.3% year-on-year; food and foodstuffs rose 10.7%; garments rose 9.3%; cultural and educational goods rose 7.7%; household goods, utensils and equipment rose 7.5%; accommodation and food services rose 13.9%; travel agency services rose 11.5%; and other service groups rose 7.6%. Calculating for Q1 2026 as a whole, total retail sales of goods and consumer services revenue at current prices reached about 1,902.8 trillion dong, up 10.9% year-on-year; if price effects are excluded, it rose 7%. Retail sales of goods in Q1 2026 were estimated at 1,452.4 trillion dong, accounting for 76.3% of total and up 10.9% year-on-year. Of which, revenue from garments rose 9.9% year-on-year; food and food products rose 9.8%; household goods, utensils and household equipment rose 8.2%; transport means (excluding cars) rose 5.2%; cultural and educational items rose 4.9%. By locality: Quảng Ninh up 12.8%; Bắc Ninh up 11.4%; Đồng Nai and Cần Thơ up 9.9%; Hải Phòng up 9.6%. Revenue from accommodation and food services in Q1 2026 is estimated at 234.7 trillion dong, accounting for 12.4% of the total and up 13.3% year-on-year. By locality: Đà Nẵng up 18.1%; Cần Thơ up 15.1%; Hải Phòng up 14.7%; TP.HCM up 11.3%; Hà Nội up 8.6%. Revenue from travel and tourism in Q1 2026 is estimated at 22.9 trillion dong, accounting for 1.2% of the total and up 12.5% year-on-year due to higher domestic and international tourist arrivals during the New Year holidays. By locality: Khánh Hòa up 30.7%; An Giang up 25.8%; Quảng Ninh up 24.2%; TP.HCM up 12.9%; Hà Nội up 8.2%. Revenue from other services in Q1 2026 is estimated at 192.8 trillion dong, accounting for 10.1% of the total and up 8% year-on-year. By locality: Gia Lai up 19.4%; Bắc Ninh up 17.8%; Ninh Bình up 16.9%; Khánh Hòa up 15.2%.

Production of 510 tonnes of bean sprouts using the toxin 6-Benzylaminopurine sold to the public

Vietnam’s economy and society in Q1 2026 show positive development with strong growth across sectors

Vietnam Signs Cross-Ministry Framework for Reform of Administrative Procedures