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Domestic demand keeps rising, retail sales reach VND 6.6 million billion: Which 'precious capital' helps Vietnamese brands go the distance?

According to the General Statistics Office (Ministry of Finance), total retail sales of goods and consumer services in the first 10 months of 2026 were estimated at VND 6,618.9 trillion, up 13.5% year on year, or 7.7% excluding price effects. The article argues that consumers increasingly weigh quality, differentiation, innovation, transparency and trust over brand fame, and remain willing to pay more for products that offer real value, according to Đặng Thúy Hà of NielsenIQ Vietnam. It notes that price cuts can offer short-term advantages, but retaining customers over the long term requires businesses to show that value justifies the price. Using YODY and An Phước as examples, it highlights understanding customer needs, improving materials and design, and maintaining quality as operations scale.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Sức mua trong nước duy trì đà tăng, tổng mức bán lẻ đạt hơn 6,6 triệu tỷ đồng: “Vốn quý” nào giúp thương hiệu Việt đi đường dài?

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