Trump Announces Vietnam Trade Deal With 20% Import Tariff President Donald Trump has made headlines once again with the announcement of a new trade deal with Vietnam. After weeks of intense negotiations and diplomatic efforts between the two nations, Trump revealed that a deal had been reached just in time to avoid higher tariffs on […]
Vietnam legalises crypto under new digital technology law
Vietnam Legalizes Crypto Under New Digital Technology Law Vietnam has taken a significant step in the world of digital technology by legalizing crypto assets under a new law that sets regulatory standards for their usage. The move not only brings clarity to the previously ambiguous status of cryptocurrencies in the country but also paves the […]
Worldview | Vietnam’s Crackdown on Counterfeit Luxury Goods
Worldview | Vietnam’s Crackdown on Counterfeit Luxury Goods Vietnam is making headlines in the global markets fashion business news with its recent crackdown on counterfeit luxury goods. The country, known for its bustling markets and vibrant street shopping scene, has long been a hotspot for counterfeit products, including fake designer handbags, clothing, and accessories. However, […]
World’s largest light show sees 10,500 drones dazzle Vietnam: Guinness record
World’s Largest Light Show Sees 10,500 Drones Dazzle Vietnam: Guinness Record To mark a historic moment in Vietnam’s history, 10,518 drones took flight to light up the night sky in a mesmerizing display that captured the world’s attention. This breathtaking showcase of technology and creativity not only broke the Guinness World Record for the largest […]
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports
Shein to Set up Huge Vietnam Warehouse in US Tariff Hedge, Reuters Reports The global retail landscape is constantly shifting, with companies adapting to the ever-changing environment in novel ways. One such company making strategic moves is Shein, the fast-fashion e-tailer that has taken the fashion world by storm. In a bid to mitigate the […]
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub
Shein’s Tariff-Busting Shift Hits Home in Chinese Factory Hub Shein, the ultra-fast-fashion giant, has been a disruptor in the fashion industry, known for its rapid turnover of trendy designs at affordable prices. However, recent reports from local factories in China’s manufacturing hub suggest a significant shift in Shein’s production strategy. The factories are experiencing falling […]
Lego opens $1 billion clean energy factory in Vietnam with 12,400 solar panels
Lego Opens $1 Billion Clean Energy Factory in Vietnam with 12,400 Solar Panels Lego has officially opened a $1 billion manufacturing facility in Binh Duong, near Ho Chi Minh City in Vietnam. This state-of-the-art factory spans over 160,000 square meters and is equipped with an impressive 12,400 solar panels, making it one of the largest […]
Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Nike and Lululemon Surge as Trump Highlights Positive Call with Vietnam Leader In the world of business, especially in the realm of manufacturing and retail, partnerships and relationships with other countries play a crucial role in success. Recently, shares in prominent companies with significant manufacturing operations in Vietnam, such as Nike and Lululemon, experienced a […]
Sneaker and Apparel Retailers Blindsided by Tariffs on Asian Factory Hubs
Sneaker and Apparel Retailers Caught Off Guard by Tariffs on Asian Factory Hubs In a surprising turn of events, the sneaker and apparel industry faced a significant blow as tariffs were imposed on key Asian factory hubs. The repercussions were immediate and severe, with industry giants like Nike, Adidas, and Puma witnessing a sharp decline […]
Qualcomm taps Vietnamese talent to push AI innovation
Qualcomm Strengthens AI Credentials with New Talent from Vietnam’s MovianAI Qualcomm, a leading technology company known for its innovative strides in the field of artificial intelligence (AI), has recently made a strategic move to bolster its AI capabilities by tapping into Vietnamese talent and technology. The tech giant has teamed up with MovianAI, a prominent […]