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.

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Vietnam Retail Sales YoY

Actual Previous Highest Lowest Dates Unit Frequency
30.90 9.20 76.75 -26.00 2002 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 02:00 AM Jan 6.4% 9.4% 7.5%
2021-02-28 02:00 AM Feb 8.2% 6.4% 7.3%
2021-03-29 02:00 AM Mar 9.2% 8.2% 8.8%
2021-04-29 02:00 AM Apr 30.9% 9.2% 13%
2021-05-29 02:00 AM May 30.9% 11%
2021-06-29 02:00 AM Jun
2021-07-29 02:00 AM Jul
2021-08-29 02:00 AM Aug


News Stream
Vietnam Retail Sales Rise the Most in More than 9 Years
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 growth accelerated strongly for goods (22.2 percent vs 8.5 percent in March), accommodation, foods & beverages (92.3 percent vs 13.6 percent), and other services (16,456 percent vs 11.4 percent). In addition, there was a strong upturn in travel sales (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.
2021-04-29
Vietnam Retail Sales Growth at 3-Month High
Retail sales in Vietnam increased by 9.2 percent year-on-year in March 2021, following an 8.2 percent rise in the previous month. This marked the tenth straight month of growth in retail trade and the steepest pace in three months, amid strengthening consumption as the economy recovered further from the coronavirus shocks. Sales went up for most categories: goods (8.5 percent vs 10.5 percent in February), accommodation, foods & beverages (13.6 percent vs -0.1 percent), and other services (11.4 percent vs 2.7 percent). In addition, sales fell much softer for travel (-34.6 percent vs -60.8 percent).
2021-03-29
Vietnam Retail Sales Growth Accelerates
Retail sales in Vietnam increased by 8.2 percent from a year earlier in February of 2021, accelerating from a 6.4 percent rise in the previous month. This marked the ninth straight month of growth in retail trade, with sales rising for both goods (10.5 percent vs 8.7 percent in January) and other services (2.7 percent vs 7.3 percent), amid strengthening consumption during the Lunar New Year celebration. At the same time, sales fell less for both accommodation, foods & beverages (-0.1 percent vs -4.1 percent), and travel (-60.8 percent vs -62.2 percent). From the January to February period, retail sales grew by 5.5 percent from the same period of 2020.
2021-02-28
Vietnam Retail Sales Rise the Least in 3 Months
Retail sales in Vietnam increased by 6.4 percent from a year earlier in January of 2021, slowing from a 9.4 percent rise in the previous month. This was the weakest rise in retail trade since October, as demand softened following a resurgence in local coronavirus infections. There were rises in sales of both goods (8.7 percent vs 13.8 percent in December), and other services (7.3 percent vs 2.4 percent). Meantime, sales continued to fall for both accommodation, foods & beverages (-4.1 percent vs -5.4 percent), and travel (-62.2 percent vs -68.2 percent).
2021-01-29

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.