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Total Retail Sales of Goods and Services Reach VND5,430 In October

In estimation, total retail sales of goods and services hit VND5,430 in Oct., up 3% over the previous month. Travel and tourism achieve the highest revenue with a 3.6% rise; the second rank belongs to trade and services (up 3%); and restaurant and hotel gain the lowest rise (up 2.3%).

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    In accumulation, retail sales in 10 earlier months of 2010 hit VND43,611 billion, going up by 24.5% over the same period, making up 76% of the year plan.

    Retail sales by industry in the 10 months go as follow: trade VND35.779 trillion, up 24%, occupying 82% ; services VND4,506 billion, up 23%, making up 10.3%; hotel and restaurant VND3.306trillion, up 30.5%,  representing 7.6%; and tourism gain VND19.5 billion, accounting for 0.04%, up 28.5%, which is the lowest increase.

    Price index of goods and services in Oct. 2010 compared to Oct. 2009 (the growth rate after one year) increases by 8.4%. Ten out of 11 groups of goods and services get rising, in which the groups that have a higher increase than average include food and catering services by 13; housing, electricity, water, fuel, construction materials by12%; other goods and services by 9.9%. Other groups have a 2.5% to 8% increase while the telecommunications drop by 5.9%.

L.H (N. Thuong)

Author: phongvien

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