Gross retail sales of goods and services is total revenue generated from retailingconsumer goods and services of production and business establishments, including: revenues from retail sales of commercial establishments, retail sales of products of production establishments and farmers, revenue from services of accommodation, catering, tourism, and revenue from providing services for individuals, communities and other services directly served to consumers by organizations and individuals.
Market is the place where goods and services are traded and exchanged, which is formed as the requirements of production, social life and regular activities for specific needs. There are at least 50 business places in urban areas and 30 physical meeting places in rural areas. The market is divided into three types: Type 1 (with over 400 business places which are located in the important commercial centers of the province or city with space area in conformity with market activities); Type 2 (with the range from 200 to 400 business places which are located in the economic center of the region and with space area in conformity with market activities); Type 3 (under 200 business places or temporary business places mainly serving the needs of purchasing goods of the people in communes, wards and surrounding areas).
Supermarket is a modern type of groceries or specialized stores; selling a wide variety of goods with quality assurance; meeting the standards of business area, technical equipments and level of business management and organization; providing civilized and convenient services to satisfy the shopping needs of customers. Supermarket is divided into three types: type 1 for grocery (with business area of over 5,000m2 and over 20,000 items for sale), type 1 for specialized stores (with business area of over 1,000m2 and over 2,000 items for sale ); type 2 for grocery (with business area over 2,000m2 and over 10,000 items for sale), type 2 for specialized stores (with business area of over 500m2 and over 1,000 items for sale); type 3 for grocery (with business area of over 500m2 and over 4,000 items for sale), type 3 for specialized stores (with business area of over 250m2 and over 500 items for sale).
Commercial Center is the type of modern, multi-functional business, including a combination of stores, services establishment; conference halls, meeting rooms, offices for rent… which are concentrated, uninterrupted in one or several adjacent buildings, meeting the standards of business area, technical equipment and level of business management and organization; having civilized and convenient service to satisfy the needs of business development of businessmen and the needs of goods and services of customers.
Exported goods include domestic goods and re-exported goods which are exported to the rest of the World to subtract from the stock of material resources of
the country.
- Domestic goods are ones exploited, produced and manufactured domestically in accordance with Viet Nam’s origin regulations.
- Re-exported goods are the ones imported and then exported again in the same state as previously imported or processed, stored and re-packaged without changing the nature of the goods excluding goods temporarily imported into the country under supervision of custom agency and re-exported under regulation of law.
Imported goods are foreign goods and re-imported goods into Viet Nam from the rest of the World, to add the stock of material resources of the country.
- Foreign goods are ones exploited, produced and manufactured from the rest of the World in accordance with Viet Nam’s origin regulations.
- Re-import goods are goods exported to the rest of the World and then imported into Viet Nam again in the same state as previously exported or processed, stored and re-packaged without changing the nature of the goods excluding goods temporarily exported from the country under supervision of custom agency and re-imported in the specific time limit under regulation of law.
Value of exports is total value of all goods which subtract from the stock of material resources of Viet Nam by leaving Vietnamese economic territory over certain period of time. Value of exports is calculated at FOB. FOB values include the transaction value of goods and the value of services performed to deliver goods to the border of the exporting country.
Value of imports is total value of all goods which add to the stock of material resources of Viet Nam by entering Vietnamese economic territory over certain period of time. Value of exports is calculated at CIF. CIF values include the transaction value of the goods, the value of services performed to deliver goods to the border of the exporting country and the value of the services performed to deliver the goods from the border of the exporting country to the border of the importing country.
Trade balance of goods is the difference between the value of exports and imports in Viet Nam over a certain period of time. In trade balance of goods, exports are valued on a FOB basis, and imports are valued on a CIF basis.
When export value exceeds import value, a positive balance of trade is known as a trade surplus. On the contrary, a negative balance of trade is known as a trade deficit.
Standard International Trade Classification – SITC promulgated by the UN Statistic Division according to the commodity stage of production, serving the purpose of statistics and economic analysis. SITC – Rev. 3, 1986 comprises 10 sections,
67 divisions, 261 groups, 3118 basic headings and subheadings.
Exported services include all service provided by domestic enterprises, organizations and individuals – residential units – to foreign enterprises, organizations and individuals – non-residential units.
Imported services include all services consumed/received by domestic enterprises, organizations and individuals – residential units – from foreign enterprises, organizations and individuals – non-residential units.
Viet Nam classification international trade in services classifies all services transacted between residential and non-residential units in Viet Nam. Definitions of residential and non-residential units are specified in System of National Account (SNA) and Balance of Payment (BOP). The classification issued under Decision
No. 28/2011/QD-TTg dated 17 May 2011 by the Prime Minister.