Ho Chi Minh City’s retail revenue down in June

The total retail sales of goods and consumer services in Ho Chi Minh City in June was estimated at over 81.4 trillion VND (3.53 billion USD), down nearly 8 percent month-on-month and 5.1 percent year-on-year, reported the municipal Statistics Office.

The office attributed that to social distancing measures in Go Vap district and Thanh Loc ward, District 12, resulting in limited retail activities.

Specifically, retail revenue topped 48.3 trillion VND (2.1 billion USD), down 4.7 percent monthly and up 1.9 percent yearly.

Revenue from dining and lodging services slumped by 20 percent and 25 percent, respectively.

Tourism receipts reached 80 billion VND, down 71.5 percent monthly and 18.4 percent yearly.

However, the total retail of goods and services still went up 7.3 percent annually to more than 541.6 trillion VND in the first six months of this year.

The city has built a plan to ensure goods supply for local residents and follow pandemic prevention and control measures in trade.

Source: Vietnam News Agency