Vietnam increased by 12.4 percent year-on-year in August 2019, the same pace as in the previous month. It remained the largest gain in retail trade since December last year, as sales advanced at a faster pace in tourism (8.7 percent vs 7.8 percent) and other services (9.2 percent vs 8.4 percent). Meanwhile, sales went up less for both goods (13.3 percent vs 13.4 percent in July) and accommodation & food and beverages (9.8 percent vs 11 percent). Considering January to August 2019, retail sales advanced 11.5 percent compared to the corresponding period the prior year. Retail Sales Yoy in Vietnam averaged 19.23 percent from 2002 until 2019, reaching an all time high of 76.75 percent in November of 2011 and a record low of -20.73 percent in November of 2012.

Retail Sales Yoy in Vietnam is expected to be 11.50 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 10.00 in 12 months time. In the long-term, the Vietnam Retail Sales YoY is projected to trend around 10.60 percent in 2020, according to our econometric models.

Vietnam Retail Sales YoY
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-29 03:00 AM Retail Sales YoY May 11.4% 12% 11.4%
2019-06-28 02:00 AM Retail Sales YoY Jun 11.5% 11.4% 10.9%
2019-07-29 02:00 AM Retail Sales YoY Jul 12.4% 11.5% 11.8%
2019-08-29 02:00 AM Retail Sales YoY Aug 12.4% 12.4% 11.9%
2019-09-29 02:00 AM Retail Sales YoY Sep 12.4% 11.5%
2019-10-29 02:00 AM Retail Sales YoY Oct
2019-11-29 02:00 AM Retail Sales YoY Nov


Vietnam Consumer Last Previous Highest Lowest Unit
Retail Sales Yoy 12.40 12.40 76.75 -20.73 percent [+]
Consumer Spending 3745063.00 3405750.02 3745063.00 37572.00 VND Billion [+]
Retail Sales Mom -0.70 1.50 101.51 -49.33 percent [+]
Gasoline Prices 0.83 0.87 1.18 0.34 USD/Liter [+]
Consumer Confidence 129.00 122.00 129.00 88.00 Index Points [+]


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. This page provides - Vietnam Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Retail Sales YoY - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12.40 12.40 76.75 -20.73 2002 - 2019 percent Monthly




Country Last Previous
Argentina 44.70 Jun/19
Australia 2.40 Jul/19
Brazil 4.30 Jul/19
Canada 1.20 Jul/19
China 7.50 Aug/19
Euro Area 2.20 Jul/19
France 2.70 Jul/19
Germany 4.40 Jul/19
Indonesia 2.40 Jul/19
Italy 2.60 Jul/19
Japan -2.00 Jul/19
Mexico 2.10 Jul/19
Netherlands 3.40 Jul/19
Russia 0.80 Aug/19
Singapore -1.80 Jul/19
South Africa 2.00 Jul/19
South Korea -0.30 Jul/19
Spain 3.20 Jul/19
Switzerland 1.40 Jul/19
Turkey -3.70 Jul/19
United Kingdom 2.70 Aug/19
United States 4.10 Aug/19


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