Retail sales rise 19.8 percent in 6 months

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VOV News English - 11 month(s) ago  readings

Retail sales rise 19.8 percent in 6 months

(VOV) - Retail sales of goods and services in the first six months of 2012 reached more than 1, 14 trillion, up 18.8 percent compared to the same period last year, according to the Ministry of Industry and Trade (MoIT).

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Of the total figure, 27 percent come from the tourism sector, 22.8 percent from services and 20.6 percent from hotels and restaurants.

This is, in part, thanks to the implementation of some solutions to stabilize prices, iron out snags in production, ensure the balance between supply-demand and improve social welfare.

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