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Hanoi’s retail sales, services revenue up 9% in four months

Hanoi’s total retail sales of goods and consumer services revenue reached VND266.2 trillion (US$10.46 billion) in the first four months of this year, up 9% year-on-year, according to the municipal People’s Committee.

In the period, passenger transport increased significantly, reaching 135.2 million arrivals, up 13.3% year-on-year, while revenue hit VND7.2 trillion, up 17.5%. Meanwhile, the volume of goods transported reached 526.4 million tonnes, up 15.7%, resulting in VND30 trillion, up 17.1% over the same period last year. In addition, revenue from transportation support activities reached VND29.1 trillion, a year-on-year rise of 7.6%.

During January-April, tourism played a leading role in the capital's economic sector. In the period, the city welcomed 1.5 million foreign tourist arrivals, up 59.8% year-on-year.

In April, revenue of the retail sales of goods and consumer services is estimated to reach VND66.6 trillion, up 1.8% month-on-month and 8.1% year-on-year.

Commodities with impressive growth in retail revenue included gemstones and precious metals (40.1%), food (11.3%), and vehicles excluding cars (11%).

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