Total retail sales of goods and consumer services revenue increased by 18.6%

In the first 7 months of the year, total retail sales of goods and consumer service revenue in Thai Nguyen province reached 60,705 billion VND, up 18.6% over the same period. Of which, retail sales of goods accounted for the highest proportion, with 42,286.7 billion VND, up 16.4% (accounting for 69.7%); revenue from accommodation, food and beverage, tourism and travel services reached 11,255 billion VND, up 24.3%, while revenue from other types of services reached 7,163.4 billion VND, up 23.9%.

Notably, of the 12 retail product groups, 11 groups recorded an increase in revenue compared to the same period. In particular, the group of cars with less than 9 seats continued to decrease, with revenue in the first 7 months reaching 2,115 billion VND, down 3.5%.

In the first 7 months of 2025, retail sales of goods accounted for the highest proportion, with 42,286.7 billion VND, an increase of 16.4%.

In July alone, the total retail sales of goods and consumer service revenue in the province was estimated at VND8,768 billion, up 2.5% over the previous month and 14.8% over the same period. This is the third consecutive month that the locality has recorded double-digit growth over the same period, showing a clear recovery in purchasing power and domestic consumption demand.

Specifically, retail sales of goods reached about VND5,933.8 billion, up 2.7% over the previous month and 10.4% over the same period; revenue from accommodation and catering services reached VND1,720 billion, up 2.4% over the previous month and 25.1% over the same period; revenue from tourism services reached VND42.9 billion, down 1.1% over the previous month, but still up 50% over the same period; revenue from other services reached VND1,071.4 billion, up 1.3% over the previous month and 24.3% over the same period.

By product group, most of them had positive growth. Food and foodstuff group continued to play the leading role with estimated revenue of VND2,393 billion, up 3.5% compared to the previous month and up 11.9% compared to the same period. Other groups with strong growth include: household appliances, tools, equipment (up 13.4%), construction materials (up 15%).

The positive developments in the Thai Nguyen retail market show that consumer confidence is gradually recovering, contributing to promoting growth in domestic aggregate demand.

Source: https://baothainguyen.vn/kinh-te/202508/tong-muc-ban-le-hang-hoa-va-doanh-thu-dich-vu-tieu-dung-tang-186-78e7e1e/