Deputy Minister of Industry and Trade Đỗ Thắng Hải speaks at the launch ceremony. Photo moit.gov.vn

HÀ NỘI — The Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT) launched a national promotion month - Vietnam Grand Sale 2022 - in Hà Nội on November 15.

The programme runs until December 22 and is expected to help raise the total retail sales of goods and services, contributing to maintaining the national economic growth.

Speaking at the launch ceremony, MoIT Deputy Minister Đỗ Thắng Hải said in the first ten months of this year, combined retail sales were estimated at VNĐ4.63 quadrillion (US$186.91 billion), up 20.2 per cent year-on-year.

The ministry is calling for the engagement of industry and trade departments of cities and provinces, associations, businesses and individuals in the implementation of the programme, he stressed.

Vietrade Director Vũ Bá Phú noted that the programme is open for businesses from all economic sectors and they can offer discounts of up to 100 per cent during the month.  

According to Acting Director of the Hanoi Department of Industry and Trade Trần Thị Phương Lan, her agency has received about 10,000 registrations for the programme with an accumulative promotion value of up to VNĐ20 trillion, focusing on food, consumer goods, apparel, pharmacy, electronics - telecommunications, banking and real estate.

Organisers expect that the retail sales generated from this year’s programme will double the VNĐ458.5 trillion in 2021. — VNS