pandemic

Retail Asia14/09/2021

Eighty percent of leather and footwear enterprises in the south have stopped production due to social distancing and labor shortage. “Leather and footwear businesses are suffering great losses due to having to stop or reduce production. They are faced with canceled orders while still having to bear the costs of maintaining factories and paying workers,” […]

Retail Asia21/04/2021

Vietnam had 39 aircraft, or over 14 percent of its fleet, grounded in the first quarter after a new Covid-19 outbreak cut travel demand. Eighteen of the grounded aircraft belonged to national flag carrier Vietnam Airlines, 14 to budget carrier Vietjet, four to Pacific Airlines and three to Bamboo Airways, according to the Civil Aviation […]

Retail Asia13/04/2021

Global leading ICT provider Huawei launched its SME Support Program with trusted ecosystem partners in Asia Pacific, aiming to deliver further technical support for economic recovery amid the fight against the pandemic in the region. Small and medium enterprises (SMEs) are the engines of growth and innovation in the APEC region. They account for over […]

Retail Asia23/03/2021

Nike’s quarterly sales missed estimates due to shipping issues and a pandemic-related slump at brick-and-mortar stores, and investors were disappointed by the world’s biggest athletic shoe maker’s full-year revenue forecast. Nike forecast “low-to-mid-teens” full-year revenue growth, falling just short of the 15.9% increase in sales that analysts were expecting, according to IBES data from Refinitiv. […]

Retail Asia06/11/2020

Vietnam’s labor export has plunged this year due to pandemic imposed travel restrictions and fear of contracting the virus abroad. The number of Vietnamese leaving abroad for work in the first nine months fell 59 percent year-on-year to just over 42,800, according to the overseas labor department. Japan and Taiwan, the largest and second-largest foreign […]

Retail Asia18/09/2020

Hotels with ‘for sale’ signs have mushroomed across different parts of Vietnam, despite scarcity in buyers. The sales trend first kicked off in central areas of HCMC and Hanoi’s Old Quarter, but later spread to other tourism hotspots like Phu Quoc Island, Da Nang City, and other coastal towns including Nha Trang, Vung Tau, and […]

Retail Asia06/04/2020

Indonesia AirAsia has been forced to halt its growth plan for this year, as a result of the coronavirus pandemic and economic challenges faced by Indonesia. The plan for 2020 was for the low-cost carrier to increase its market share by adding three new aircraft and launching new services, having recorded a 28% growth in revenue for 2019 […]

Retail Asia26/03/2020

As more countries enact lockdowns due to coronavirus spreading and order population to stay home, wireless service provides are faced with new challenges. YouTube, Netflix and a couple of other important streaming services have already adjusted the quality of their stream to avoid internet congestion across Europe. Facebook is one of the companies that registered […]

Tag: pandemic

Leather, footwear industry ‘cringes’ amid pandemic

Pandemic grounds 39 Vietnam aircraft

Huawei launches SME Support Program to support economic recovery in APAC

Nike sales crimped by pandemic and shipping issues

Pandemic cuts demand for overseas jobs

Hotels for sale at new high amid pandemic blues

Indonesia AirAsia’s growth halted due to coronavirus and economy

Coronavirus outbreak is affecting Facebook services too