Macro Update - Foreign flows continue to support the VND
  • 2017-12-07T19:51:20
  • Macroeconomics
Domestic consumption: Real retail sales growth hit a seven-year high of 9.5% YoY in 11M 2017. As the APEC Summit ends, Christmas comes around as another boost to retailers, who will start sales promotions and prepare to meet rising consumer demand ahead of the end-of-the-year holidays. This should help retail sales enjoy robust growth in the last month of the year.