The newest freaking market news of the week was curated and evaluated by Mrs.Vu Kim Hanh, a veteran journalist and the Chairwoman of the Business Association of High-Quality Vietnamese Goods. The show is created by Maybe - A platform that discovered talents
Update the market every day.
▸ TikTok: bit.ly/3G9BrfZ
01:01 - The story of a vegetarian marshal, a great opportunity for Vietnam
In 2022, Vietnam imported 180 million plant-based meat products, and it is predicted that expenditure on plant-based foods will increase by 15% in 2023. Vegetarian restaurants are opening up throughout Saigon and gaining popularity among young customers. Vietnam has advantages in developing the plant-based food market. Among them, the young jackfruit is considered the commander-in-chief of all plant-based foods, according to an international food research magazine. Vietnam has favorable conditions for producing high-quality young jackfruit. However, what do we need to do to fully tap into Vietnam's potential in plant-based foods? Let's listen to the story.
05:45 - The story about the suspicion that Apple moves the factory out of China
Apple's manufacturing facilities are undergoing a shift across multiple countries. Statistics indicate that the number of Apple manufacturing plants continues to increase in China, Japan, India, and three Southeast Asian countries, including Malaysia, Thailand, and the Philippines. Currently, the three countries with the highest concentration of Apple manufacturing facilities are China (276 facilities), Japan (124 facilities), and the United States (62 facilities). Vietnam ranks 7th among the top 10 countries globally with Apple phone manufacturing facilities.
The production of an iPhone requires approximately 1500 components. This prompts Apple to carefully allocate component manufacturing facilities to different countries. At the same time, it presents an opportunity for other countries to gain attractive market share.
11:19 - The story of sports and gender stereotypes
In Oregon, USA, there is a sports bar exclusively dedicated to women's sports called Sports Bra. Defying stereotypes about women in sports, the bar was established and became successful within a year of operation. Surpassing expectations of breaking even, Sports Bra has made a profit with sales exceeding $800,000.
The success of a women's sports bar like this can serve as an inspiration for Vietnam, as our women's sports scene is no less impressive than that of other countries around the world. From athletics to basketball, football, swimming, Vovinam, and more, our female athletes have also gained significant recognition in this 32nd SEA Games season.
16:43 - The story of Gen Z in China
Gen Z (1997-2012) in China is undergoing a significant shift in consumer behavior, surpassing previous generations. Gen Z is becoming a potential group of high-end consumers, with rapid growth and high spending power. There are predictions that they will become the largest group of luxury consumers globally.
Young customers in China from the Gen Z group spend an average of $800 per week, which is 30% higher than other groups worldwide, according to data from Farfetch Ltd, a luxury retail platform. Forecasts indicate that Gen Z spending is projected to quadruple between 2019 and 2035.
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13 июл 2024
