FX.co ★ Vietnam Retail Sales Growth at Over 2-Year High

In September 2025, Vietnam experienced an 11.3% increase in retail sales compared to the same month the previous year, building on a 10.6% rise in August. This represents the most significant growth since May 2023, spurred by enhanced sales across all sectors. Specifically, trade growth accelerated in goods (increasing 10.4% from 10.2% in August), accommodation and food services (rising to 15% from 13.2%), tourism (up to 19.7% from 15.2%), and other services (climbing to 12.4% from 9.8%). On a monthly basis, retail sales saw a modest growth of 2% in September, following a 2.6% increase in the previous month. Over the first nine months of the year, retail sales have increased by 9.5%.