VietNamNet Bridge - In January, Vietnam’s fashion industry received good news: the collections of designers Cong Tri and Phuong My would appear during New York Fashion Week, one of the four most influential fashion week events in the world. The aim of both My and Tri was to open shops that sell high-end made-in-Vietnam fashion products in the US. In 2017, Rhihana chose a design of Tri in his Em Hoa Collection introduced at Tokyo Fashion Week for a shoot to advertise a shoe brand. Meanwhile, Katy Perry ordered Tri three outfits for her world tour Witness. In 2017, Rhihana chose a design of Tri in his Em Hoa Collection introduced at Tokyo Fashion Week for a shoot to advertise a shoe brand. Meanwhile, Katy Perry ordered Tri three outfits for her world tour Witness. RELATED NEWS Vietnamese fashion brands make difficult comeback in home market Foreign brands dominate Vietnam’s fashion market Mai Lan … [Read more...] about Vietnam’s fashion enters the world market
World market news
Take Five: The Year of the Bear! World markets themes for the week ahead
1. Bear hugs After swallowing markets from Germany to China, the bears reached U.S. shores in December. Markets there are fighting back but the outlook is not great. For one, growing numbers of global indices have notched up the 20 percent peak-to-trough drop denoting a bear market. U.S. stocks, which seemed invincible until mid-year, have posted the worst December performance since the Great Depression. Second, the world economic outlook is steadily darkening and upcoming PMI data should confirm that. Sure, the U.S. economy is still expanding nicely. But when high-growth, investor-darling tech stocks fall prey, it shows optimism about growth is fizzling. And segments such as the Russell 2000 small-cap benchmark are stuck deep in the bears’ lair. Small firms often carry higher debt loads than larger peers so falling share prices highlight credit risks. In Europe, Germany’s DAX fell to the bears in early December and the euro zone bank and auto sectors are down a whopping 40 … [Read more...] about Take Five: The Year of the Bear! World markets themes for the week ahead
Shares rebound with world markets
The benchmark VN-Index on the Ho Chi Minh Stock Exchange was up 0.17 per cent to 924.16 points. — Photo freedomsphoenix.com The market recovered strongly on Thursday morning thanks to optimistic investors and positive information from the global market. The benchmark VN-Index on the Ho Chi Minh Stock Exchange was up 0.17 per cent to 924.16 points. It added 0.39 per cent to close at 922.56 points on Wednesday. On the Ha Noi Stock Exchange, the HNX-Index climbed 1.08 per cent to end at 105.02 points. It slipped 0.01 per cent to end at 103.90 points on Wednesday. Nearly 106 million shares worth a combined VND2.3 trillion (US$99 million) were traded on the two bourses. World stock markets rose on Wednesday, with Wall Street tipping higher on gains in technology and energy shares, while oil rebounded from a steep sell-off as U.S. government data pointed to strong demand. Oil prices rose about $1 a barrel on Wednesday, bouncing from the lowest levels in months, after U.S. government … [Read more...] about Shares rebound with world markets
Door to world market opens for Vietnam’s rice exporters
VietNamNet Bridge - After winning bids to sell rice to Indonesia and the Philippines, Vietnamese exporters are attending a bid to sell rice to South Korea and preparing for another contract with the Philippines. The door to world market opens for Vietnamese rice exporters Pham Thai Binh, director of Trung An Hi-tech Agriculture JSC, said in Thoi Bao Kinh Te Sai Gon newspaper that his company and other exporters had offered to sell rice to South Korea. The export value increased significantly thanks to higher export prices. In the first quarter, the average export price was $501 per ton, or 15 percent higher than the same period last year. The Vietnam Food Association (VFA) has not said whether Vietnamese exporters would continue to join the new bid. However, some businesses predicted that it would. RELATED NEWS Vietnamese prefer Thailand’s expensive rice to Vietnam’s cheap rice Auspicious start to Vietnamese rice export in 2018 Kim Chi … [Read more...] about Door to world market opens for Vietnam’s rice exporters
Is it easy to make money from Vietnam’s coffee market?
VietNamNet Bridge - Both Vietnamese and foreign investors are rushing to pour money into coffee farms and coffee house chains as the market is very promising. But not all of them will succeed. More new coffee brands have turned up More new coffee brands have turned up in the Vietnamese coffee market, where ‘veterans’ like Trung Nguyen, Vinacafe Bien Hoa and Nestle are holding their firm positions. Three ‘big guys’ Though the trio has similar products, each has special characteristics which make them original. Trung Nguyen ranks Number 1 in terms of diversity with many coffee products, from instant to roasted coffee to civet coffee. Nescafe provides a wide range of mineral water products, food for children, and coffee and dairy products. Meanwhile, Vinacafe only focuses on products made of coffee, offering diverse coffee flavors for choice. More new coffee brands have turned up in the Vietnamese coffee market, where ‘veterans’ … [Read more...] about Is it easy to make money from Vietnam’s coffee market?