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As part of its ongoing global growth strategy, Skims, the shapewear and apparel brand, has announced plans to launch its first flagship store in Greater China. This major milestone will be located in Hong Kong’s bustling Times Square in Causeway Bay, with the…
In response to decreasing global rates, Vietnam has adjusted its fuel prices downwards as of Thursday afternoon. RON95 gasoline, the country’s most commonly used fuel, decreased by 5.4%, taking it from its price last week to VND24,150 (US$0.54) per liter.…
Gold prices in Vietnam witnessed a significant fall on Thursday, reflecting the global trend in the precious metal’s value. This drop extended the morning’s losses, with the gold bar from Saigon Jewelry Company registering a decline of 0.94% from its morning…
Geopolitical uncertainties, economic recession concerns, and increasing skepticism around the supremacy of the U.S. dollar are leading to a shift in the investment strategies of affluent families globally. The new Global Family Office Report from UBS reveals…
New Zealand-based dairy cooperative, Fonterra, is exuding optimism about its future performance amid global uncertainties. The company’s third quarter results showed a promising $1.5 billion in operating profits, marking an impressive year-on-year increase of…
On Wednesday morning, the U.S. dollar experienced a decrease in value against the Vietnamese dong, while also falling against other major currencies. The greenback was sold by Vietcombank at VND26,393, marking a minimal decrease of 0.004% from its value on…
Gold prices in Vietnam experienced a resurgence on Monday morning, reflecting a similar upsurge in worldwide bullion rates. The Saigon Jewelry Company increased their gold bar prices by 0.3%, reaching VND162 million (approximately US$6,145.44) per tael. This…
On Wednesday, gold prices in Vietnam witnessed a decline, following a similar downtrend in global bullion rates. The price of gold bars offered by Saigon Jewelry Company (SJC), a major Vietnamese gold retailer, fell by 0.92%, hitting VND162 million…
Meta, the global tech powerhouse, has initiated an extensive downsizing initiative, beginning with an announcement to its Singaporean employees. The company plans a 10% reduction of its workforce across the globe, also affecting team members in the US and the…
Wednesday saw a dip in gold prices in Vietnam, tracking a global decline in bullion rates. Saigon Jewelry Company, a notable player in the market, reported a 0.92% decrease in gold bar prices, which dropped to VND162 million (US$6,144.5) per tael.…
Miniso, the prominent variety retailer, is intensifying its global Intellectual Property (IP) efforts with the inauguration of the first-ever Miniso Gallery in Shanghai. The new gallery, located in the Bund City Hall Plaza, is primarily designed as a…
The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4.2%. Prime Minister Hun Manet, in the recently published medium-term fiscal framework for 2027-2029, cited a…
The Chinese jewelry giant, Chow Tai Fook, has recently unveiled its global flagship store in Tsim Sha Tsui. This spacious establishment, spanning a whopping 10,000 square feet, ranks as the brand’s most extensive outlet in both Hong Kong and Macao. Blending…
Citigroup has announced the appointment of two seasoned bankers to senior roles within its Financial Institutions Investment Banking division. This move forms part of the bank’s strategic initiative to bolster its global insurance and specialty finance…
The fast-fashion online market is currently in the spotlight as a significant legal tussle unfolds between two rapidly growing competitors, Shein and Temu. The case, presently in motion at London’s High Court, erupted after Shein accused Temu of large-scale…
The U.S. dollar started the week on a strong note, gaining against the Vietnamese dong as well as several other major global currencies. Vietcombank, one of Vietnam’s leading banks, experienced an increase in the value of the dollar, selling it at 26,373 VND,…
