Fashion brands, manufacturers and retailers are increasingly preparing to adopt new production practices. The trend of fast fashion becomes gradually saturated as more consumers are aware of the industry as the world’s second-largest polluter. Sustainability-oriented/eco-friendly fashion is forecast to grow among local and foreign brands in Vietnam in the coming time, local insiders have said. […]
Read MoreVietnam recorded a trade surplus of US$1.63 billion in the four-month period. Vietnam’s trade deficit with China surged by 82% year-on-year in the first four months of the year to US$17.63 billion, according to the General Department of Vietnam Customs (GDVC). In April alone, Vietnam’s imports from China rose by over US$3 billion year-on-year to […]
Read MoreSince entering Vietnam last October, Thailand’s leading beverages chain Café Amazon has opened an outlet each in Ben Tre, Tien Giang and Tra Vinh provinces and HCM City, and has plans to expand across the country. It has said Vietnam is one of its 10 important markets and it plans to spend a large amount […]
Read MoreIn a bid to continue successfully controlling inflation this year amid a rise in local consumption, the government is taking drastic action, with the stabilisation of prices of key items in the market a priority. Although the four-month consumer price index (CPI) remains low, at 0.89% as compared to that of the same period last […]
Read MoreThe Vietnamese retailer will modernize Vietnam’s grocery market and develop an unparalleled consumer proposition from assortment to shopping experience. A consortium led by Chinese-e-commerce giant Alibaba Group and Hong Kong-based Baring Private Equity Asia (BPEA) will acquire a 5.5% stake in The CrownX, Masan Group’s subsidiary for a total investment of US$400 million. The deal […]
Read MoreThe Vietnamese government will support boosting the application of new payment methods to achieve the digital transformation goals of the banking industry. At least half of the total Vietnamese adult people will use e-payment services and at least 70% of total transactions will be made via digital channels by 2025. It is one of the […]
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Thailand
