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24. April 2024
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Tag: asia

Retail Asia15/04/2024
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General

Vietravel Airlines reports first profits in 3 years

2min0
Vietravel Airlines has reported a profit of VND10 billion (US$400,128) for the first three months of the year, achieving its first profitable quarter since its inception in 2021. As a subsidiary of the tour operator Vietravel, the airline announced first-quarter revenues exceeding VND491 billion, surpassing its initial target by 42%. The profits stemmed from increases […]
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Retail Asia15/04/2024
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Food

AEON Hong Kong switches to Vietnamese bananas

2min0
Japanese retailer AEON has replaced Philippine and Taiwanese bananas with Vietnamese imports at its Hong Kong outlets. AEON started selling Vietnamese bananas at its 91 outlets in Hong Kong last year because they are of high quality and grown using a process that does not result in waste, Yuichiro Shiotani, CEO of AEON Topvalu Vietnam, […]
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Retail Asia11/04/2024
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Electronics

Samsung adds more language availability within Galaxy AI

3min0
Samsung is taking a big leap forward today in its AI ambitions. Galaxy AI, the company’s on-device intelligence engine, just got closer to overcoming language limitations across the world with a huge expansion in language support. This spring, Arabic, Indonesian, and Russian support will be added to the thirteen available languages. Additionally, Australian English, Cantonese, and Canadian […]
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Retail Asia10/04/2024
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Food

Rice exports rise 42%

1min0
Vietnam exported 2.1 million tons of rice in the first three months, worth $1.4 billion in total, up 42% year-on-year in value. According to the Ministry of Agriculture and Rural Development, main buyers such as the Philippines, Indonesia, China, Ghana, Malaysia, and Singapore all posted growth. The Philippines and Indonesia, however, are making efforts to […]
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Retail Asia08/04/2024
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Automotive

Car imports see recovery in March

2min0
Import turnover of completely built-up (CBU) cars in March increased by 55.4% in volume and 41.4% in value compared to the previous month. A preliminary report from the General Statistics Office (GSO) said that Vietnam imported about 15,000 CBU cars in March with a value of US$287 million. However, this import decreased slightly by 1.7% […]
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Retail Asia03/04/2024
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Research

Strategies for Supply Chain Resilience in the Global Permacrisis Era

7min0
In recent years, the concept of ‘Permacrisis’—a term denoting prolonged periods of instability and insecurity, sparked by concurrent catastrophic events—has gained prominence. This term not only encapsulated the essence of 2022 but continues to hold relevance in 2024, affecting global supply chains and subsequently, the retail sector. The ongoing challenges underscore the critical need for […]
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