Japanese retailers opened a large number of stores and expanded production in Vietnam this year despite weak demand amid the economic downturn. Since entering Vietnam four years ago Japanese fashion brand Uniqlo has opened 22 stores in HCMC, Hanoi and Binh Duong Province, seven of them this year. Household and …
Read More »AnyoneKOL Steers the Helm in the Global Self-Media Influencer Wave with New Influencer System and Courses
HONG KONG SAR – Media OutReach Newswire – 29 December 2023 – As the tide of self-media continues to rise, AnyoneKOL positions itself at the forefront of this wave, helping rising stars in the booming influencer market to find their stage. A subsidiary of a seasoned advertising firm, AnyoneKOL offers …
Read More »Carbon credit sales fetches Vietnam $51.5M
Vietnam has finalized the sale of 10.3 million tons of CO2 to the World Bank for US$51.5 million, a report by the Ministry of Agriculture and Rural Development said. The carbon credits are from forests in north-central Vietnam, according to the report submitted to the prime minister on Thursday. The …
Read More »Gold bounces back
Saigon Jewelry Company (SJC) gold price has bounced back from a steep fall Friday morning. Gold bar price surged 4.05% in more than an hour to VND77 million per tael ($3,171.99) at 12 p.m. It is now 0.65% away from returning to Thursday’s closing price. Gold bar dipped to VND74 …
Read More »BEST charts ambitious logistics roadmap in Southeast Asia
SHAH ALAM, MALAYSIA – Media OutReach Newswire – 29 December 2023 – Supply chain and logistics services provider BEST Inc said that its largest sorting center in Southeast Asia, which is located in Selangor, the most developed state in Malaysia is slated to open in 2024. In addition to build …
Read More »Gold dips to 10-day low
Saigon Jewelry Company gold bar price plunged 4.52% to VND74 million ($3,086.41) per tael Friday morning, lowest since Dec. 19. This means gold bar has lost its value by VND3.5 million from the end of Thursday. Gold ring price fell 0.70% to VND63.45 million per tael. A tael equals 37.5 …
Read More »GDP expands 5.05% in 2023
Vietnam’s GDP grew by 5.05% in 2023, lower than target by one percentage point, but still outpacing many other nations, according to the government. Over the past decade, this growth rate surpassed only those of 2020 and 2021 , years significantly affected by the Covid-19 pandemic. GDP in the last …
Read More »VN conference to redefine global cashew supply chain
Vietnamese and foreign cashew companies compare notes on the sidelines of the 12th VINACAS Golden Cashew Rendezvous earlier this year. The 13th edition will be held from February 26 to 28, 2024 in Quảng Bình Province’s Đồng Hới City. — Photo courtesy of the association HCM CITY — The …
Read More »GDP grows 5.05% in 2023
Vietnam’s GDP expanded by 5.05% this year, lower than target by one percentage point, but still higher than many countries, according to the General Statistics Office. In the last decade this growth rate was only higher than that of 2020 and 2021 when the Covid-19 pandemic hampered growth. GDP in …
Read More »Firms face difficulties in accessing bank loans despite rate cut
Customers make transactions at Vietcombank’s head office in Hà Nội. Some 80 per cent of firms’ capital has been from banks’ credit. VNA/VNS Photo HÀ NỘI — Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans. According to firms, they …
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