Vietnam’s total retail sales including that of goods in the first two months of this year were estimated at VND 994.2 trillion (around $41.88 billion), according to the General Statistics Office (GSO). The figure represents a 13 percent year-on-year (YoY) increase.

The retail sales of goods were estimated at VND 781.8 trillion, which is a 10.1 percent YoY increase. The revenue from garments and textiles rose by 18.4 percent, the GSO said.

The ministry is striving for an 8-9 percent increase in total retail sales of goods and services this year, local media reports said quoting Tran Duy Dong, director of the ministry of industry and trade’s domestic market department.

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