Canadian lobsters are increasingly gaining favor among Vietnamese consumers, primarily due to their affordability compared to Australian lobsters and some local varieties. Hoa, a HCMC resident and a frequent seafood consumer, shared her recent preference for…
The U.S. dollar experienced a slight increase against the Vietnamese dong early Friday, while maintaining a stable position against other major global currencies. The uptick saw the dollar traded at VND26,270 by Vietcombank, reflecting a 0.08% rise from the…
As the race to deploy artificial intelligence (AI) intensifies, businesses are investing not just in servers but also in electrical distribution, thermal management, liquid cooling, racks, and containment systems. These components form the pivotal…
McDonald’s USA has joined forces with Red Bull in a groundbreaking venture into the energy drink market, launching an innovative fruity energy beverage. This marks a key development for the fast-food chain, as it branches out into new product categories.…
On Thursday, gasoline prices in Vietnam experienced a modest decline compared to the previous week. The widely used E10 RON95 gasoline dipped by 0.94%, bringing the price down to VND22,110 (approximately US$0.85) per liter. There was a slightly larger drop in…
Noon, the breakfast beverage company, has recently broadened its horizons with a comprehensive launch across the United States. The nationwide debut, which features both physical store availability at Target and online accessibility through Target.com,…
Treasury Wine Estates (TWE), the company behind the Penfolds brand, has experienced an additional financial setback of $558.4 million following the scaling back of its operations in the United States. This recent loss brings the total write-downs to over $1.2…
As we approach the midway point of 2026, a stark disparity has emerged across various asset categories. The S&P 500 is showing an upward trend with a 5.7 percent increase so far this year. However, cryptocurrencies like Bitcoin and Ethereum have experienced…
The Vietnamese coffee chain Cong Ca Phe has announced its foray into the Indonesian market, with the opening of its first branch in Jakarta in the forthcoming months. This strategic move aims to cement the Hanoi-based brand’s global presence by penetrating…
Property buyers who invested in under-construction apartments in Hanoi are facing difficulties in selling their properties due to falling prices and high mortgage rates. These speculators had capitalized on the previously increasing prices, expecting to make…
On Saturday, Vietnam witnessed a surge in gold prices, reaching the highest level since July 22. This rise coincides with the global increase in the value of the precious metal. Vietnam’s Gold Market Saigon Jewelry Company’s gold bar experienced a price…
In June, Hong Kong saw an impressive rise in retail sales, with a 4.6% increase compared to the same month in the previous year. This resulted in a total of HK$31.5 billion (US$4.02 billion) in sales, signifying a consistent growth pattern for the 14th…
South Korea has put forth a proposal that seeks to introduce amendments to the existing property tax laws to levy higher rates on affluent property owners in an effort to stabilize the country’s overheated housing market. This development was made public on…
The mobile services sector in Indonesia is anticipated to observe a compound annual growth rate (CAGR) of around 3.4%, thus escalating from USD 10.2 billion in 2025 to USD 12.1 billion by 2030. This expansion is principally fueled by the escalating proceeds…
In the first half of this year, Indonesia witnessed a significant surge in sales of gold bars and coins, amounting to 38.1 tonnes, according to the newly-released statistics. This figure surpasses the combined sales of Thailand and Vietnam, which stood at…
In the most recent quarter, Vietnam became the only Southeast Asian country to experience a decrease in the demand for gold bars and coins. This drop in interest from consumers is largely attributed to the steep decline in gold prices. In the second quarter,…
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