Abc business news

Despite these challenges, Myanmar remained a lucrative market for Vietnamese companies because of the country’s insufficient production capacity, few strict technical barriers to imported goods, and tax incentives for products imported from ASEAN members. … [Read more...] about Firms urged to be cautious when exporting to Myanmar

An expat preferring to be known as A.H., who runs a real estate business in the central city of Hoi An, is among the very first readers to answer our call. In the following story, H., who said he has resided in Vietnam for six years, gives comments on why tourists do not come back to the country. … [Read more...] about Costly visas, dual pricing, scammers are why tourists don’t return to Vietnam: expat

It is said that Uniqlo's Hanoi 2,500 square-metre store will be located on two floors of a big shopping centre on Pham Ngoc Thach Street. In 2019, Vietnam saw the arriving of two famous fast fashion brands including Cotton On and Uniqlo. Over the past two years, many international brands have arrived in the country including the much-awaited H&M and Zara. International companies have also acquired some local brands. MTV Global Fashion which owns the Vascara, a strong Vietnamese footwear and bag brand established in 2007, said that they have merged into Japan's Stripe International. Stripe International also bought Nem fashion brand in 2017. According to the Vietnam Retailers Association, there are now more than 200 foreign fashion brands in Vietnam, making up over 60% of the local market which is said to have an average growth rate of between 15-20%. A recent survey by Nielsen showed that the number of Vietnamese people who love well-known brands stands third in the world, just … [Read more...] about International fast fashion brands see opportunities in Vietnamese market

The Department of Health in the south-central Vietnamese province of Khanh Hoa has initiated epidemiological surveillance after two Chinese citizens tested positive for novel coronavirus (nCoV) in Ho Chi Minh City following their stay in the province. … [Read more...] about Epidemiological surveillance launched in Vietnamese province following first coronavirus cases

While Nadal was a bit worried about his inability to kill off his opponent on Thursday, he was unconcerned to hear that potential fourth-round opponent Nick Kyrgios had imitated his service action ticks during the Australian’s match against Gilles Simon. … [Read more...] about Sealed with a kiss, Nadal eases into third round in Melbourne