Vietnam’s retail sales growth moderated in May 2026, with year-over-year expansion easing to 11.8%, down from 12.1% in April, according to data updated on 3 June 2026.
The figures are calculated on a year-over-year basis, comparing each month’s performance with the same month a year earlier. The May reading of 11.8% indicates that consumer spending remains robust, though momentum has cooled marginally from April’s 12.1% annual increase.
The April 2026 figure reflected the change in retail sales versus April 2025, while the latest May 2026 data capture the shift compared with May 2025. Despite the slight deceleration, double-digit growth underscores ongoing resilience in Vietnam’s domestic demand environment.