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Global smartphone shipment slowdown could hurt Vietnam

Global smartphone shipment slowdown could hurt Vietnam

Manufacturing hubs like Vietnam and South Korea could be hurt this year as global smartphone shipments suffered its worst quarterly drop on record, signaling a cool down in consumer demand. Shipments declined 18.3% year-on-year in the December quarter to a little over 300 million units, U.S.-based International Data Corporation said …

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Pharma firms see profits soar post-Covid

Pharma firms see profits soar post-Covid

Many pharmaceutical firms have reported record profits in 2022 thanks to high demand for drugs and other healthcare products post-Covid. DHG Pharma reported a profit of VND988 billion (US$42.1 million), a 27% increase from 2021 and 29% higher than the management’s target. It is the highest profit it has reported …

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Parents fall for child modeling scams on social media

Parents fall for child modeling scams on social media

Fake talent scouts have milked unwitting parents out of hundreds of millions of dong (VND100 million = $4,266) via social media child modeling cons. Nguyen Thanh Tam from the northern city of Hai Phong was browsing Facebook last month when she came across a post seeking child models to promote …

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