|
|
Article: VIETNAMS RETAIL SECTOR REMAINS AN ECONOMIC BRIGHT SPOT.
- Article from:
- AsiaPulse News
- Article date:
- September 4, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HANOI, Sept 4 Asia Pulse - Against the backdrop of industrial production value and exports plunging sharply in the last eight months, Vietnams retail sector saw products flying off the shelves, attaining a growth rate of 18.4 per cent.
According to the latest report from the General Statistics Office, the country's revenue from the retail and services sector totalled 743 trillion VND (US$41.6 billion) in the reviewed period.
Economic experts explain that the growth of the retail sector was largely fuelled by the Governments stimulus packages, which have been wisely utilised by enterprises to increase the competiveness of the goods and services they ...