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Kering, the luxury conglomerate that owns brands such as Gucci and Balenciaga, has noted a sequential improvement in its revenue for the first quarter, indicating that the company’s recovery is gaining momentum. Quarterly Revenue Trends The company reported a…
On Wednesday morning, the US dollar experienced a surge against the Vietnamese dong while simultaneously witnessing a decline against several of its other major counterparts. In the currency exchange, Vietcombank sold the US dollar at VND26,309. This…
Sun PhuQuoc Airways, a Vietnamese airline company, recently received extended certification from the Civil Aviation Authority of Vietnam, which now permits it to operate international flights. This significant development, following a stringent evaluation…
In the first half of the fiscal year, Metcash released a diverse range of results as the firm navigated a challenging trading period. The group’s revenue for the six months concluding on October 31 saw a slight increase of 0.1%, amounting to $8.5 billion.…
HSBC’s recent proposal to purchase Hang Seng has raised questions due to the potential commercial real estate risk in Hong Kong. However, some experts believe that possible long-term advantages such as cost synergies may offset these concerns. Deal Details…
The franchise model has long been an effective method for expanding retail reach. However, the downfall of AF-1, an Australian franchisee that managed seven Nike stores in Sydney, has sparked questions about whether this model is reaching its limits.…
Prada, a family-owned group known for its luxury fashion, recently reported a 9% spike in first-half net revenues at constant currencies. The company’s lesser-known yet rapidly growing Miu Miu brand played a significant role in this upswing, potentially…
New Zealand-based company EatKinda, which has garnered attention for its innovative cauliflower ice cream, is ramping up its expansion efforts in the United States as part of its global operational scaling. Established in 2023, EatKinda has pioneered a unique…
Vietnamese gold prices saw an uptick Monday morning, reflecting a global trend as bullion rates climbed. The Saigon Jewelry Company reported a 0.68% increase, bringing its gold bar price to VND119.3 million (approximately US$4,597.04) per tael. Meanwhile,…
Vietnam’s stock market is buzzing, with the VN-Index soaring by 1.26% to an impressive 1,309.73 points on Wednesday, marking the third consecutive session of growth. This robust performance follows a modest dip of 16.3 points, coming off a gain of 10 points…
Vietnam ranked third globally in cryptocurrency gains last year with US$1.18 billion in profits, according to a report from U.S. crypto data provider Chainalysis. It was behind the U.S. ($9.36 billion) and the U.K. ($1.39 billion). China and Indonesia were in…
