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Gold prices in Vietnam saw a significant decline on Monday morning, mirroring a global downturn in bullion rates which fell by over 1%. This development marks an important shift in the market, reflecting changing consumer trends and economic indicators.…
Top leaders from the realms of politics, finance, and technology will converge in Zurich for the highly anticipated third edition of the Point Zero Forum. This event, taking place from May 5 to 7, 2025, aims to address pivotal issues impacting the financial…
In a striking turn of events in the agribusiness sector, avocado prices have surged to VND 40,000 (approximately US$1.54) per kilogram—marking a remarkable 100% increase compared to last year and reaching the highest price point in five years. This…
Suntory Beverage & Food Limited is set to implement price revisions for its products in Japan, effective October 1, 2025, as it grapples with escalating manufacturing and logistics costs. This move underscores the increasing economic pressures felt across the…
Gasoline prices on Thursday afternoon went up for the second week after plunging non-stop since mid-August. The popular fuel RON95 rose 3.80% to VND20,510 (US$0.83) per liter. Diesel went up 2.7% to VND 17,500. Regulators said that fuel prices in the last…
An industry-first study by global ecommerce accelerator, Pattern, has shown that despite their surging popularity, Australian consumers hold negative views on the quality of the products sold on emerging marketplaces Temu and Shein. The major Australian…
In an industry first, Amazon has overtaken eBay to become the leading marketplace in Australia according to new research from global ecommerce accelerator, Pattern. Marketplace shopping has also become mainstream in Australia, with research highlighting 93%…
Fendi has opened the doors to its first flagship boutique in Seoul, South Korea. Dubbed “Palazzo Fendi Seoul,” the 715 square meter (approximately 7,696 square feet) store is located in the Cheongdam-dong neighborhood of the city and houses the brand’s…
Not only does e-commerce represent the largest single commercial retail sector, but also one of the fastest evolving. With new technologies, modalities and platforms emerging constantly, it can be challenging to stay ahead of the curve. If you’re a business…
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million…
The Singapore Fintech Festival is currently discussing the hot new trends for the fintech business in 2021. UBS Chief Executive stayed in Switzerland, but he can be trusted to know where things are heading. Ralph Hamers – Mister Fintech among the banking CEOs…
Covid-19-induced changes in consumer behavior could prove a new tidal change in the direction of China’s influence, according to new research by market intelligence agency Mintel. The report suggests that mass self-quarantine, caused by the outbreak, will…
Global luxury brand Burberry has collaborated with The RealReal, an authenticated luxury consignment marketplace, to help promote the concept of circular fashion. The purpose of the partnership is to promote the advantages of a circular economy for fashion by…
Chinese streetwear brand INXX is officially launching its US e-commerce site. “We want to open up to a broader market and develop more forward-looking and global design paths while forming our own symbols,” said co-founder Henry Mao. Targeting global youth,…
Indian conglomerate Reliance Industries will expand its low-cost fashion store network Reliance Trends to 2500 locations within five years. The chain currently has just 557 stores in 160 cites, and will target a presence in 140 more, involving deeper…
Chinese e-commerce giant JD has announced it plans to recruit up to 15,000 staff this year – just a week after saying it would let go 10 per cent of its senior executives. The majority of positions expected to be filled this year will be in logistics, with up…
