Japanese retailers Aeon and Sumitomo are set to significantly expand their operations in Vietnam, with plans to increase their presence and tap into the country's growing consumer market.
Aeon, Japan’s largest retail group, plans to expand its presence in Vietnam, aiming to grow the number of hypermarkets and general merchandise stores from 12 in February 2025 to nearly 100 by 2030. Sumitomo, another major Japanese conglomerate, is also planning to open around 10 supermarkets annually in Vietnam.
With a young population of over 100 million, Vietnam’s consumer market is expected to grow rapidly in Southeast Asia, attracting foreign investment. Aeon’s data highlights that processed foods and bakery items make up 20% of food sales in Vietnam, compared to 13% in Japan.
A verbal order from U.S. Defense Secretary Pete Hegseth briefly halted 11 arms shipments to Ukraine without presidential approval, exposing cracks in Trump’s early national security process.
Uzbekistan’s sharp increase in recycling fees for imported electric vehicles signals a shift toward local production and battery recycling, but consumers and dealers are feeling the strain.
The Kremlin says it still intends to observe a three-day ceasefire this week during Victory Day celebrations but has warned it will respond to any Ukrainian strikes during the pause.
In a recent phone call, Russian President Vladimir Putin and Iranian President Masoud Pezeshkian discussed the ongoing nuclear program negotiations between Iran and the US, facilitated by Oman. The conversation underscored Russia's commitment to supporting a fair and legally grounded agreement.
Drone strikes on Port Sudan have intensified the conflict, damaging key infrastructure, disrupting aid operations, and compounding Sudan’s humanitarian challenges.
Latest data show dwindling river flows and worsening drought: these conditions are triggered by warmer-than-average weather and lower precipitation across much of the continent since the beginning of the year, according to the Drought in Europe – April 2025 report, published by the JRC.
The US House has passed the MEGOBARI Act, a bipartisan bill promoting democracy in Georgia and proposing sanctions on officials. As it heads to the Senate, Tbilisi pushes back, warning it could strain US-Georgia ties amid calls to reset relations.
China’s Dongfeng Audi Motors will invest $50 million to establish a vehicle manufacturing facility in Afghanistan, a move expected to create hundreds of local jobs and boost industrial growth.
On May 6, Belarus Prime Minister Aleksandr Turchin visited Azerbaijan's Fuzuli city, where he was briefed on the ongoing large-scale reconstruction and development efforts following the region's liberation. The visit is part of his official trip to Azerbaijan.
In a boost for the green transition in the Middle East and North Africa, a joint guarantee agreement worth €300 million to facilitate the green transformation of urban areas and support the development of green hydrogen market in the Middle East and North Africa has been signed.
Kremlin spokesperson Dmitry Peskov has announced the upcoming release of a documentary film about Russian President Vladimir Putin.
ChatGPT has rapidly emerged as one of the most influential artificial intelligence tools, transforming how we interact with technology through natural language.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
New Tesla registrations in Denmark collapsed 67 % in April to 180 vehicles, industry data showed Thursday, underscoring a sharp demand drop for the EV maker in one of its once-strong European markets.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
China’s Dongfeng Audi Motors will invest $50 million to establish a vehicle manufacturing facility in Afghanistan, a move expected to create hundreds of local jobs and boost industrial growth.
Turkey's Halkbank asked the U.S. Supreme Court to review a lower court ruling saying it can be prosecuted for allegedly helping Iran evade American sanctions, a U.S.-based lawyer for the bank said on Monday.
Europe needs to invest trillions of dollars to modernize its outdated electricity grids and expand energy storage, as green energy use rises and demand surges, analysts and industry leaders say.
Skype, the well-known messaging and internet calling platform owned by Microsoft, is set to shut down in May 2025, concluding more than 22 years of operation.
After nearly six decades at the helm, Warren Buffett says he will step down as CEO of Berkshire Hathaway, naming Greg Abel as his successor.
Latest data show dwindling river flows and worsening drought: these conditions are triggered by warmer-than-average weather and lower precipitation across much of the continent since the beginning of the year, according to the Drought in Europe – April 2025 report, published by the JRC.
The US House has passed the MEGOBARI Act, a bipartisan bill promoting democracy in Georgia and proposing sanctions on officials. As it heads to the Senate, Tbilisi pushes back, warning it could strain US-Georgia ties amid calls to reset relations.
China’s Dongfeng Audi Motors will invest $50 million to establish a vehicle manufacturing facility in Afghanistan, a move expected to create hundreds of local jobs and boost industrial growth.
On May 6, Belarus Prime Minister Aleksandr Turchin visited Azerbaijan's Fuzuli city, where he was briefed on the ongoing large-scale reconstruction and development efforts following the region's liberation. The visit is part of his official trip to Azerbaijan.
In a boost for the green transition in the Middle East and North Africa, a joint guarantee agreement worth €300 million to facilitate the green transformation of urban areas and support the development of green hydrogen market in the Middle East and North Africa has been signed.
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