Sales of food and foodstuff rose by 10.7 per cent, household appliances and tools 8 per cent, garment 8.7 per cent, vehicles (except cars) 7.5 per cent, and cultural and educational products 6.6 per cent.
Most of Vietnamese businesses have acknowledged the importance of sustainable production to their competitiveness and long-term development in the context of the growing green consumption trend.
Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.
Many businesses have begun to produce goods and stock up for Tết (Lunar New Year) as usual a few months before the country’s biggest festival comes around.
Retail sales of goods in January-June period in some localities rose sharply such as Binh Duong (15.6 per cent), Quang Ninh (14.5 per cent), Hai Phong (14 per cent), Dong Nai (12.3 per cent) and Khanh Hoa (9.7 per cent)...
Following two years of low sales during Tet (the Lunar New Year), things are expected to look up for the fast moving consumer goods industry this time around since the Vietnamese economy has recovered and consumers have a positive outlook...
Demand for Tet (Lunar New Year) goods at traditional markets and supermarkets increased sharply on January 31, the last day of the old year, but was still 10-15 per cent lower than last year.
A conference to set up links between sellers and buyers of various consumer goods in HCM City and 45 provinces has opened at the Phú Thọ Stadium in the former’s District 11 with more than 600 pavilions.
Supply of consumer goods in HCM City has been relatively steady, but the prices of some items have shot up and businesses taking part in the city’s price stabilisation programme are suffering losses since they sell at fixed prices.
Demand for consumer goods in 2021 will not be higher than last year, with sales so far this year already 15-20 per cent year-on-year decrease, according to businesses.
The fast moving consumer goods sector is forecast to grow at 6.4 per cent this year in the country’s four major cities and 8.7 per cent in rural areas, according to global data and consulting company Kantar Worldpanel.