The Government has set a target of 12% growth in total retail sales of goods and domestic consumer service revenue this year.

The government has set a target of 12% growth in total retail sales of goods and domestic consumer services revenue this year. This is much higher than the 9% growth rate of the previous year.

The group of food, foodstuff, accommodation and catering services saw the highest increase in spending by tourists last year, up to 13%. Retail systems are also constantly innovating to serve and exploit this demand. Domestic consumption demand continues to recover strongly, reflecting the stable development trend of the domestic retail market in recent years.

Ms. Vu Thi Thanh Tra – Hanoi said: “In the past, I went to the supermarket once every four days. Now I only have to go once every one or two days.”

Ms. Nguyen Thi Phuong Linh – Hanoi shared: “The convenience of sales channels and sales locations also increases my demand quite a lot.”

Ms. Tran Thi Quynh Huong – Hanoi confided: “You can shop anywhere, it’s easier to operate so I buy more.”

Mr. Bui Nguyen Anh Tuan – Deputy Director of the Domestic Market Department, Ministry of Industry and Trade commented: “Investing in developing modern trade infrastructure, as well as traditional trade infrastructure. Strengthening innovation and digital transformation in the retail sector. The Ministry of Industry and Trade has grounds to believe that it can achieve the target of retail and service growth in 2025”.