Markets

The three giants of the global express delivery industry, United Parcel Service (UPS), FedEx, and DHL, dominate the market with their extensive networks and efficient services. With a combined market share of over 70%, these companies have become household names and set the standard for fast, reliable, and secure parcel delivery worldwide. Their influence and impact on the industry are undeniable, and they continue to shape the future of logistics and e-commerce.

The trading session concluded with significant losses across the board. The VN-Index plummeted by 48.53 points, or 3.92%, settling at 1,188.07. Simultaneously, the HNX-Index witnessed a decline of 8.85 points, or 3.82%, ending the day at 222.71. The market breadth tilted heavily in favor of decliners, with 615 tickers ending in the red versus 126 advancers. The large-cap VN30-Index painted a similar picture, with all 30 constituents closing lower.

Experts assert that alcohol, particularly beer, is a low price-elasticity product. This means that consumption behavior is influenced more by cultural norms, perceptions, and habits than pricing. As such, when crafting regulations for alcoholic beverages in the proposed Special Consumption Tax Law (amended), policymakers must carefully consider the potential impact on alcohol and beer consumption patterns. A comprehensive evaluation is necessary to ensure that consumption reduction targets are met and to mitigate the risk of unintended consequences in consumer behavior, production, and trade.

The Vietnamese are giving the Chinese a run for their money in dominating the global market for this product.

This particular item commands a price three times higher in Europe and has seen a surge of over 100% in Asia.

The eCommerce team from the General Department of Market Management inspected a business premises dealing in screens and car dash cams, located at 22 Cau Dat, Hoan Kiem, Hanoi, just six hours after receiving reports of the warehouse location.

The eCommerce team from the General Department of Market Management inspected a business premises dealing in screens and car dash cams, located at 22 Cau Dat, Hoan Kiem, Hanoi, just six hours after receiving reports of the warehouse location.

This particular item commands a price three times higher in Europe and has seen a surge of over 100% in Asia.

The Vietnamese are giving the Chinese a run for their money in dominating the global market for this product.

From a clip reviewing his own lychee tea, fashion designer Thai Cong flipped the script, transforming a much-ridiculed product into a viral sensation.