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Coconut has emerged as a key economic driver for the Mekong Delta and south-central coastal regions as it gains entry into billion-dollar markets such as the U.S. and China. According to the Ministry of Agriculture and Rural Development, Vietnam currently…
Durian exports in the first 11 months of this year fetched US$3.1 billion, 44% up from a year earlier, customs data shows. China was the biggest market, accounting for $2.8 billion, or 90% of all exports, a 43% year-on-year increase. Thailand followed with…
Nestle is launching protein shots in the United States which it says help suppress appetite for people looking to shed pounds, the latest effort by the world’s biggest packaged food maker to tap the booming market for weight-loss products. The manufacturer of…
With double-digit growth in key markets, Vietnam’s shrimp exports are projected to rake in $4 billion in 2024, according to insiders. While this figure is lower than the record of $4.3 billion achieved in 2022, it marks a strong recovery compared to 2023,…
Vietnam has surpassed the Philippines to become the largest banana supplier to China with a 40.7% market share in the first eight months. China increased its imports from Vietnam by 19.6%, according to data from its customs department, while cutting its…
Chinese green kiwi is being sold at VND20,000 (US$0.79) per kilogram onwards by wholesalers in Vietnam, a third of the prices of imports from Australia and New Zealand. Australian and New Zealand wholesale prices start at VND60,000 and go up to VND120,000.…
Patricia Marques, formerly the chief of Starbucks Vietnam for over 11 years, has been named the CEO of beverage chain operator Phuc Long Heritage. Marques has made an appearance at of Phuc Long’s recent events, and is introduced on the website of Masan Group,…
Singapore McDonald’s has faced online criticism after announcing a new charge for extra sauce tubs, set to take effect on Jan. 2, 2025. Customers will be charged up to 70 S$cents (US$0.52) for additional sauces beyond the standard portion for certain menu…
ZUS Coffee, a Malaysian firm that began as a small kiosk in Kuala Lumpur, took just over four years to become the biggest coffee chain operator in the country. The firm quickly expanded to surpass U.S. giant Starbucks in a market with over 3,300 branded…
Many corporate workers at U.S. coffee chain Starbucks will get just 60% of their total bonuses for the 2024 fiscal year amid the company’s first annual sales decline since 2020. The coffee giant’s poor performance in the fiscal year, which ended on September…
Vietnam’s shrimp exports soared by 13% year-on-year to US$3.2 billion in the first 10 months of 2024. They reached $394 million in October alone, a 24% increase from a year earlier, according to the Vietnam Association of Seafood Exporters and Producers.…
Chinese milk tea chain Chagee has sparked anger among many Malaysian internet users by demanding them to remove videos allegedly showing their employees tampering with a lucky draw. The chain last week attracted large crowds at its over 100 outlets in…
Exports of fruits and vegetables were worth an estimated US$6.6 billion in the first 11 months of 2024, a 27% increase from a year earlier. The Vietnam Fruit and Vegetable Association came up with the estimate based on customs data, which shows exports to…
Ksubaka today revealed the results of the world’s largest hands-on experiential product launch for Milka chocolate brand. In just one month more than 12.4 million consumers had a physical interaction with Milka, learning about the product, its ethos and…
CapitaLand customers will soon get to enjoy a slew of virtual concierge services that allows them to hail rides, book restaurants, and browse retailer offerings by simply chatting with Sparkle – the Group’s fully automated artificial intelligence (AI) chatbot…
At CES Asia 2016, which opens today, Isobar will be showcasing BVRAIN and UMood, two marketing innovations from Isobar, which demonstrate the agency’s capabilities in leveraging new technologies to provide brands with innovative marketing solutions. BVRAIN…
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