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E-commerce boosted to fuel sale of Vietnamese goods

August 10, 2023 | 10:15

The internet economy of Vietnam posted the fastest growth in Southeast Asia, from 18 billion USD in 2021 to 23 billion USD in 2022, according to a recent report on regional economies.

Gilimex suffers record loss after Amazon abruptly scales down orders

July 28, 2023 | 20:09

Amazon's sudden reduction in demand has led to an overcapacity of production for partner company Gilimex, resulting in record losses and a drastic impact on Garmex Saigon's financial situation, leading to significant revenue decline and workforce reduction.

Rosy prospects for online exports

June 21, 2023 | 09:28

More local firms have been joining global e-commerce platforms, leading to beliefs that the country’s online exports could soon break $10 billion in revenue.

Asian stocks mixed ahead of tech earnings results

April 24, 2023 | 10:46

Asian stocks were mixed on Monday following a muted finish on Wall Street last week, with investors holding their breath ahead of key earnings results from US tech behemoths.

Amazon scales renewable energy to fight climate change

February 09, 2023 | 10:09

On February 8, Amazon announced that in 2022 it grew its renewable energy capacity by 8.3GW through 133 new projects across 11 countries.

Google, Apple disappoint as tech earnings hit by gloom

February 03, 2023 | 10:10

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.

Various industries seeing mass lay offs worldwide

November 15, 2022 | 17:45

Thousands of employees in the technology and real estate industries are being cut, as companies curtail ambitions and brace for tough times ahead.

Digital capabilities driving the e-commerce revolution

June 16, 2022 | 13:00

Despite the tumultuous recent years, cross-border e-commerce is accounting for over one-third of Vietnam’s total e-commerce revenues and the number is only expected to grow.

Amazon initiative helps boost cross-border e-commerce in Vietnam

June 08, 2022 | 19:31

The Vietnam e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade and Amazon Global Selling Vietnam on June 8 launched a cross-border e-commerce initiative in the breakthrough era.

Amazon to close Kindle e-bookstore in China

June 08, 2022 | 15:43

US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.

Americans to pump in greener, high-tech capital

May 12, 2022 | 19:00

Investment from the United States is expected to flow more strongly into Vietnam in the fields of digital economy, green energy, and healthcare.

Amazon gets 90,000-euro-per-day fine over contracts

April 14, 2022 | 13:36

French authorities on Wednesday slapped a 90,000-euro-per-day ($98,000) fine on Amazon until it removes abusive clauses in its contracts with businesses using its platform to sell their goods.

Amazon faces rising union push in United States

March 23, 2022 | 10:00

Christian Smalls no longer works at Amazon's JFK8 warehouse in New York, but he still sees former colleagues every day at the bus stop as they head into work.

The success story of LiveSpo: When local innovation meets global vision

December 22, 2021 | 13:55

Proudly representing “Made-in-Vietnam” products, LiveSpo's Spore Probiotics is helping to make Vietnam a more preferred quality label in the global landscape.