gap to close all shops in uk ireland in online shift

Gap to close all shops in UK, Ireland in online shift

US apparel company Gap will close its 81 stores in Britain and Ireland by September but remain online there as it becomes a "digital first business", the retailer said Thursday.
masan group doubles bet on off to online platform by increasing stake in the crownx

Masan Group doubles bet on off-to-online platform by increasing stake in The CrownX

Masan Group (HSX: MSN) and its subsidiary, The CrownX (TCX) today (July 1) announced the acquisition of TCX shares from minority shareholders, increasing its direct and indirect stakes in TCX from 80.2 to 84.9 per cent.
e commerce dominating as retail spaces struggle

E-commerce dominating as retail spaces struggle

Hanoi and Ho Chi Minh City retail landlords continue to face declining rents due to social distancing and competition from e-commerce.
how covid 19 has changed e commerce in vietnam

How COVID-19 has changed e-commerce in Vietnam

Vietnam’s e-commerce sector continued to grow during COVID-19 but there was significant variation in consumer behaviour, with notable differences in spending across platforms and categories, according to Vietnam's State of E-commerce report by YouGov Vietnam.
international couriers increase flights to vietnam to meet the soaring air cargo demand

International couriers increase flights to Vietnam to meet the soaring air cargo demand

In light of the e-commerce boom, international couriers are increasing flights and upgrading freight capacity to tackle the surge in demand for air cargo shipping to and fro Vietnam.
vingroup targets 74 billion in revenue

Vingroup targets $7.4 billion in revenue

Vingroup set the target to earn VND170 trillion ($7.4 billion) in revenue and VND4.5 trillion ($195.65 million) in after-tax profit.
southeast asian consumers show uncanny love for shopping on repetitive dates

Southeast Asian consumers show uncanny love for shopping on repetitive dates

Southeast Asian consumers have a tendency of making larger purchases on repetitive dates, creating a unique shopping trend not found anywhere else in the world.
tax authorities hold full data of online vendors from 2022

Tax authorities hold full data of online vendors from 2022

Local tax authorities will have full access to data pertaining to the revenue of vendors on online platforms from 2022.
tax authorities at a loss over collecting dues from online business

Tax authorities at a loss over collecting dues from online business

Despite progressively stricter regulations by tax collectors, individuals running business via online platforms are always a step ahead, finding workarounds and loopholes.
accesstrade vietnam repositions after six years

ACCESSTRADE Vietnam repositions after six years

Last week, ACCESSTRADE Vietnam, an up-and-coming affiliate marketing platform based in Hanoi, celebrated its sixth anniversary with more than one million publishers, advertisers, and partners who have accompanied the company’s development.
society pass from us acquires leflair with plans of relaunch in third quarter

Society Pass from US acquires Leflair with plans of relaunch in third quarter

US tech firm Society Pass has completed the acquisition of e-commerce brand Leflair with a view to relaunch it in the third quarter of this year.
escalating shipping charges hinder local manufacturers

Escalating shipping charges hinder local manufacturers

Skyrocketing shipping costs, seen as the key culprit behind the higher burdens for businesses and rising retail prices for end-consumers, are expected to linger amidst the ongoing pandemic.
vincom retail to merge two real estate subsidiaries capitalised over 264 million

Vincom Retail to merge two real estate subsidiaries capitalised over $264 million

Vincom Retail JSC (HSX: VRE) has announced the merger of two wholly-owned subsidiaries in order to restructure the internal ownership of subsidiaries.
pnj reached over half of after tax profit of 2021 in first five month

PNJ reached over half of after-tax profit of 2021 in first five month

Phu Nhuan Jewelry JSC (HSX: PNJ) has just announced its business results for May, with strong growth reported in revenue from retail, wholesale, and gold bars. In May, PNJ estimated its net revenue at VND1.59 trillion ($69.13 million), up 56.5 per cent over the same period in 2020.
aeon group to contribute vnd25 billion to vietnam covid 19 vaccine fund

AEON Group to contribute VND25 billion to Vietnam COVID-19 Vaccine Fund

Japanese retail giant AEON Group today announced to contribute VND25 billion ($1.08 million) to the Vietnam COVID-19 Vaccine Fund, joining hands with the Vietnamese government in promoting COVID-19 vaccination, ensuring safety and security for local communities.