Economy News

Economy

Online Shopping Market Faces Slowest Growth Since 2017 Amid Economic Challenges

The online shopping market in South Korea saw its lowest growth rate since 2017, with a mere 0.6% increase in October transaction amounts. This slowdown is attributed to economic c...

Economy

Korea's Industrial Competitiveness Meeting: A Strategic Shift Under Trump 2.0

The government is set to hold the Industrial Competitiveness Ministers' Meeting next week, marking the first such gathering since December 2022. The meeting, scheduled for Nov. 27,...

Economy

Off-Season Durian Prices Double, Yet Farmers Face Massive Losses

The off-season for durian in Tien Giang has begun, but this year's harvest is unusually quiet. Farmers are facing massive losses as extreme weather conditions have caused durian fl...

Economy

Hidden Bars Emerge as Productive Workplaces for Young Professionals

Hidden bars in Hanoi and HCMC are becoming popular workplaces for young professionals seeking quiet, productive environments. These speakeasy bars offer a tranquil atmosphere with ...

Economy

South Korea's Export Boom: A 5.8% Rise in Early November and a $798 Million Trade Surplus

South Korea's exports rose by 5.8% in early November, while imports fell by 1%, resulting in a trade surplus of $798 million. The increase in exports was led by semiconductors, shi...

Economy

Inflationary Pressure Looms as Exchange Rates Surge: BOK's Forecast for December

Kim Woong, deputy governor of the Bank of Korea, predicts inflationary pressure due to high exchange rates will emerge starting in December. This prediction comes as the Consumer P...

Economy

Vietnam's Durian Exports to China Surpass Thailand's: A Detailed Analysis

China's durian imports from Vietnam have surpassed those from Thailand, with Vietnam accounting for 77.6% of the 228,000 tons imported in September. Despite Thailand's lead in the ...

Economy

Hanoi Jobseekers Aim for $200-400 Monthly Salary Amidst Rising Job Openings

A survey by the Hanoi Employment Service Center shows that 72% of jobseekers aim for a monthly salary between $200 and $400. The job market is expected to stabilize with more job o...