Vietnamese purchasing power has grown slightly during the first eight months of the year.

Vietnam’s General Statistics Office pinned the growth on the 11.4 per cent to VND1,900 trillion (US$90.5 billion) increase of goods and services sales from January to August.

The retail sales of goods totalled VND1,400 trillion ($68.14 billion), 10.7 per cent higher than last year.

Sales at hotels and restaurants rose 11.8 per cent while sales from other services increased 15 per cent.