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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia04/10/2023

The property market has overcome its most difficult period and will recover from early 2024, analysts concur. Speaking at the first-ever Autumn Real Estate Forum in Hanoi recently, Can Van Luc, chief economist at state lender BIDV and a member of the National Financial and Monetary Policy Advisory Council, said: “There are more opportunities [now] […]

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Retail Asia11/05/2023

About 150,000 new jobs will be created in the second quarter of this year, including 28,200 in electronics and optical device manufacturing, according to the Ministry of Labor, Invalids and Social Affairs. The ministry forecast the most sought jobs will be related to manual works in the industrial sector, sales and marketing, accounting and finance, […]

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Retail Asia26/03/2023

Digital marketplaces continue to gain significant momentum in Australia, with 88% of shoppers buying from a digital marketplace in the past year, and 92% of consumers planning to shop on marketplaces like eBay, Amazon and Catch in the year ahead. The findings were revealed as part of global ecommerce accelerator, Pattern’s fifth annual ‘Marketplace Consumer […]

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Retail Asia30/01/2023

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 Thursday. Xiaomi’s shipment volume declined […]

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Retail Asia17/10/2022

South Korea’s retail giants are invigorating efforts to dominate the second-hand transaction market, and this focus is expected to accelerate further with Naver Corp poised to make an entry. The internet portal giant is reviewing the idea that its recently acquired Poshmark Inc., a US social commerce platform specializing in secondhand apparel trade, could step […]

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Retail Asia22/08/2022

The stock settlement cycle is set to be shortened by four hours, enabling investors to receive their share or money on the second morning after a transaction. Thus, from August 29, they will get them at 11-11:30 a.m on the second day (T+2) instead of the current 3:30-4 p.m. Now they have to wait until […]

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Retail Asia24/06/2022

Indonesia’s smartphone market had a muted start in 2022, declining 17.3% year over year (YoY) and 13.1% quarter over quarter (QoQ) and reaching 8.9 million units in 1Q22, according to a report by International Data Corporation’s (IDC). Lower consumer buying power due to the higher prices of goods, such as gas and commodities (including mobile phones) and […]

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Retail Asia08/06/2022

Vietnam’s stock and corporate bond markets are heavily affected by rumors and sophisticated manipulation, which pose the need for more transparent and thorough regulations, a minister has said. Many tickers have been pushed up to new peaks without improvement in business results, with many companies failing to submit their earnings in time, Minister of Finance […]

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Retail Asia28/04/2022

The boss of Blackmores says the vitamins and supplements giant is not really relying on Chinese “daigou” shoppers anymore as it gains more market share in Indonesia and Thailand, while the huge opportunity of densely-populated India will be a slow burn. After delivering the company’s latest results on Thursday, chief executive Alastair Symington also said […]

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Retail Asia15/04/2022

South Korea’s top two retailers — Shinsegae Group and Lotte Group — are going beyond retail to jump into the whisky and wine markets, which have been seeing rapid growth since the onset of the COVID-19 pandemic. Lotte Chilsung Beverage Co. announced in a report released early this year that it will expand its production […]

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Retail Asia01/03/2022

Russia holds vast foreign exchange reserves, a large chunk of which are held offshore, having the potential to upend money markets. The country had international reserves totaling $630 billion at the end of January, consisting of $467 billion in foreign exchange and $132 billion in gold. The rest consists of special drawing rights (SDRs) and IMF reserves, Bank […]

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Retail Asia08/02/2022

The VN-Index began the new lunar year with a 1.5-percent jump Monday morning, led by aviation and energy stocks. It gained 22 points to 1,503 points at 11.20 as the market reopened after the nine-day Tet break, reaching a near four-week high. It represents a 4.1-percent recovery from the bottom of 1,439 points reached on January 18 […]

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Retail Asia27/01/2022

Someone over at Apple is popping the champagne as an extremely successful holiday season for the iPhone 13 made Apple the top brand in the world’s largest smartphone market — China. We’ve known that the new iPhone models (minus the iPhone 13 mini) have been doing extremely well there, but now that the numbers have been crunched, we have […]

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Retail Asia02/12/2021

7-Eleven Malaysia Holdings Bhd has teamed up with a listed company on the Jakarta Stock Exchange to set up a retail pharmacy chain in Indonesia. SEM, in a filing today, said its 75% owned Caring Pharmacy Retail Management Sdn Bhd has entered into a joint venture with PT Era Prima Indonesia (EPI) to establish the […]

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Retail Asia29/11/2021

Vietnamese are rushing to invest in so-called ‘meme coins’, hoping to make a killing but ignoring the huge risks of buying a volatile asset talked up by social media. In the second quarter The Nghia in the northern province of Vinh Phuc invested $20 to buy nearly 100 Dogecoins, a cryptocurrency that has overwhelmed the […]

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Retail Asia11/11/2021

Tesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake. In his first share sale since 2016, Musk’s trust sold nearly 3.6 million shares in Tesla, worth around $4 billion, while he also sold […]

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Retail Asia26/10/2021

1280px-Auchan_Hypermarket_in_Constanta_Romania-1024x771.jpg

French supermarket group Auchan is set to quit Taiwan after 24 years in the market, completing its withdrawal from greater Asia. Taiwan News has reported that local operator PX Mart will take over the RT-Mart hypermarket joint venture between Auchan and the Ruentex Group by mid-next year. Auchan is the majority partner in the venture, […]

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Retail Asia25/08/2021

With shops closed and delivery services facing restrictions due to the Covid-19 outbreak in Hanoi, apartment dwellers have stepped infill the supply gap by selling online. Thu, a clerk at a media company, who is working from home amid the social distancing, said: “I orders goods online for home delivery and pay through bank transfer. […]

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Retail Asia28/06/2021

China’s Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland’s Nasdaq-like STAR Market. Zhejiang-based Geely Auto, China’s highest-profile automaker thanks to parent Zhejiang Geely Holding Group’s investments in Daimler AG and Volvo Cars, is listed in Hong Kong with a market capitalization of HK$255 billion ($32.85 […]

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Retail Asia14/06/2021

UBS Global Wealth Management has hired a former J.P. Morgan executive to join its direct investment group. Edith Chan joins UBS Global Wealth Management as its Greater China head of direct investment group distribution, according to an internal memo effective June 21. A spokesperson for the bank confirmed the hire. Chan rejoins the Swiss bank […]

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