Southeast Asia’s luxury market: a rising star on the luxury map
The luxury market in Southeast Asia is often overlooked compared to China, Japan, and South Korea. However, the luxury market in this region is on the rise. It generated USD 14.38 billion in revenue in 2022 and is expected to continue to grow. The ASEAN comprises 10 member states, six of which, namely Singapore, Thailand, […]
Vietnam x China business relations
China and Vietnam have maintained deep political, economic and cultural ties. For instance, China has been Vietnam’s largest trading partner and a major source of foreign direct investment. Despite COVID-19 disruptions, their bilateral trade continued to grow and reached $230.2 billion in 2021. Culturally, the two countries share deep roots and cultural affinities which boosted […]