Vietnam Retail Sales Growth Eases in January

2026-02-06 02:17 By Joshua Ferrer 1 min. read

Vietnam’s retail sales increased by 9.3% year-on-year in January 2026, easing from a 9.8% rise in the previous month.

Sales growth remained robust across all components but on a slower pace compared to previous month.

Retail activity softened mostly for accommodation and food services (9.4% vs 14.2% in December 2025), travel and tourism (14% vs 19.9%), and other services (8.9% vs 12.7%).

On the other hand, retail of goods, accounting 77% of overall retail sales, grew by 9.3%, accelerating from an 8.6% rise in the prior period.

On a monthly basis, retail trade rose by 2.6% in January, slowing from a 3.9% gain in the preceding month.

For the full year 2025, retail sales were up 9.2% compared with 2024.



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Vietnam Retail Sales Growth Eases in January
Vietnam’s retail sales increased by 9.3% year-on-year in January 2026, easing from a 9.8% rise in the previous month. Sales growth remained robust across all components but on a slower pace compared to previous month. Retail activity softened mostly for accommodation and food services (9.4% vs 14.2% in December 2025), travel and tourism (14% vs 19.9%), and other services (8.9% vs 12.7%). On the other hand, retail of goods, accounting 77% of overall retail sales, grew by 9.3%, accelerating from an 8.6% rise in the prior period. On a monthly basis, retail trade rose by 2.6% in January, slowing from a 3.9% gain in the preceding month. For the full year 2025, retail sales were up 9.2% compared with 2024.
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