Browsing: Vietnam

Emirates adds new China, Vietnam, Cambodia flights in 2025

Vietnam shoemaker PouYuen to lay off 6,000 workers amid plummeting demand

Business May 15, 2023

One of Vietnam’s leading shoe manufacturers, catering to brands like Nike Inc and Adidas AG, announced plans to lay off…

Pharmacy emerges as top category in EU’s high-tech exports, valued at €446 billion

Business May 14, 2023

The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482…

Vietnam needs $368 billion to build a climate-resilient economy – World Bank

News July 16, 2022

To build a climate resilient and low-carbon economy, Vietnam needs to invest approximately $368 billion between now and 2040, according…

Porsche to cut 5000 more jobs under restructuring plan

Automotive July 28, 2026

The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.