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Edward R. Rosenfeld, the chief exec of footwear brand Steve Madden, said that his company currently sourced >70% of its products from #China but had “been planning for a potential scenario in which we would have to move #goods out of China more quickly."
“As of yesterday morning, we are putting that plan into motion,” he said. Steve Madden had been making more shoes in #Cambodia, #Vietnam, #Mexico & #Brazil & its goal over the next year was to reduce its sourcing from China to only 40-45%.
#US
“As of yesterday morning, we are putting that plan into motion,” he said. Steve Madden had been making more shoes in #Cambodia, #Vietnam, #Mexico & #Brazil & its goal over the next year was to reduce its sourcing from China to only 40-45%.
#US
"There are around 9,000 brick-and-mortar markets across Vietnam, with hundreds of shops selling everything from food to clothing to home appliances. They were once thriving business centers. But with the country now the fastest-growing e-commerce market in Southeast Asia, they have fewer shoppers.
“Consumption at many markets is now at just 60% capacity,” said Vo Van Khanh, an executive at the industry body Vietnam E-commerce Association (Vecom) who leads an initiative to revive traditional markets. “They could shut down if we don’t act.”
Across Southeast Asia, e-commerce is booming, with gross merchandise value of about $115 billion in 2023, up 15% from a year earlier, according to research firm Momentum Works. Local sellers have struggled to adapt to the heavy discounts, fast delivery, and cross-border sales from the largely Chinese e-commerce platforms.
n response, authorities in Indonesia, Malaysia and the Philippines have imposed higher import tariffs on e-commerce purchases. In Thailand and Vietnam, small businesses have called for similar measures.
But Vietnam has taken a different approach: Authorities are encouraging vendors to embrace e-commerce, with the government backing efforts by industry players including Vecom, TikTok Shop, and Shopee, to train merchants. The e-commerce association has trained about 450 sellers at nine markets since May, on how to set up on e-commerce platforms, manage online orders, and do livestream sales, where viewers can purchase products in real time as a host presents them.
Next year, Vecom aims to reach 1,000 markets with an aim of successfully converting 500 vendors. It has also collaborated with Shopee to train more than 20,000 small businesses across the country."
https://restofworld.org/2024/vietnam-traditional-markets-e-commerce/
#Vietnam #Asia #eCommerce
“Consumption at many markets is now at just 60% capacity,” said Vo Van Khanh, an executive at the industry body Vietnam E-commerce Association (Vecom) who leads an initiative to revive traditional markets. “They could shut down if we don’t act.”
Across Southeast Asia, e-commerce is booming, with gross merchandise value of about $115 billion in 2023, up 15% from a year earlier, according to research firm Momentum Works. Local sellers have struggled to adapt to the heavy discounts, fast delivery, and cross-border sales from the largely Chinese e-commerce platforms.
n response, authorities in Indonesia, Malaysia and the Philippines have imposed higher import tariffs on e-commerce purchases. In Thailand and Vietnam, small businesses have called for similar measures.
But Vietnam has taken a different approach: Authorities are encouraging vendors to embrace e-commerce, with the government backing efforts by industry players including Vecom, TikTok Shop, and Shopee, to train merchants. The e-commerce association has trained about 450 sellers at nine markets since May, on how to set up on e-commerce platforms, manage online orders, and do livestream sales, where viewers can purchase products in real time as a host presents them.
Next year, Vecom aims to reach 1,000 markets with an aim of successfully converting 500 vendors. It has also collaborated with Shopee to train more than 20,000 small businesses across the country."
https://restofworld.org/2024/vietnam-traditional-markets-e-commerce/
#Vietnam #Asia #eCommerce
Vietnam’s traditional markets try e-commerce, but some sellers are wary - Rest of World
Vietnamese vendors are building an online presence to compete with e-commerce, but many are wary of large platforms like TikTok Shop and Shopee.Rina Chandran (Rest of World)
https://www.europesays.com/1580832/ Vietnam calls for efforts to prevent conflicts from spreading in Middle East #Conflict/War #Conflicts #Israel #Palestine #VietNamNews #Vietnam
Vietnam calls for efforts to prevent conflicts from spreading in Middle East - EUROPE SAYS
November 1, 2024NEW YORK – Ambassador Đặng Hoàng Giang, Permanent Representative of Việt Nam to the United NationsEUROPE SAYS (EUROPESAYS.COM)
[the CIA] manipulated the disinformation and propaganda to get north Vietnamese Catholics terrified of communists, the thousand pregnant women that were ripped open, they were Catholic pregnant women, so the Catholics fled south. There were no atrocities, there were no women ripped open, it was propaganda.
--- John Stockwell talking about CIA propaganda to start the war in Vietnam, source
#AtrocityPropaganda #propaganda #JohnStockwell