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Vietnam retail sales for food record moderate growth in October

Vietnam’s retail sales for the food sector recorded moderate growth in October, reflecting stable consumer demand for essential goods, according to Vietnam’s Ministry of Industry and Trade data.

In September, sales in the food category reached VND 144,578 billion, equivalent to US$5.69 billion. By October, this figure increased slightly to VND 145,801 billion, or US$5.74 billion, representing a month-on-month growth of 0.85 percent.

Cumulatively, year-to-date retail sales in the food sector amounted to VND 1.3 quadrillion, or US$52 billion. This performance underlines the sector’s stable contribution to Vietnam’s retail market, driven by consistent domestic consumption patterns.

The continued growth in food retail sales highlights the sector’s resilience and its pivotal role in sustaining the country’s economic activity amid broader market developments.

See also: Food and Beverage in Vietnam

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