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.
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Cameroon prepares for presidential elections on October 12 amid rising political tensions and declared candidates challenging long-time leader Paul Biya’s rule.
China has introduced its first renewable energy consumption targets for key industrial sectors and data centres.
A preliminary report on the Air India crash reveals the plane’s fuel cutoff switches were activated seconds after takeoff, cutting fuel to the engines. No aircraft or engine faults were identified.
The Pentagon confirmed that one Iranian ballistic missile struck the U.S. Al Udeid Air Base in Qatar last month, causing minimal damage. Most missiles were intercepted by U.S. and Qatari air defenses during the largest Patriot missile engagement in U.S. history.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has opened its representative office and container terminal in the Xi'an International Port.
The UK and Japan have signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.
German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.
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