Vietnamese PM calls for setting up FTZs in key economic regions

Vietnamese PM Pham Minh Chinh has called for setting up of free trade zones in key economic regions and exploring duty-free ports as part of an effort to stimulate growth, boost global competitiveness, attract investment and turn the country into a logistics hub.
Part of Directive 47, the initiative outlines urgent tasks and strategic measures aimed at accelerating growth this year.Read More

29.04.2025Comments Off
Adidas warns of tariff uncertainty despite record Q1 2025 growth

Adidas is expecting its 2025 operating profit to reach €1.7–1.8 billion (~$1.82–1.93 billion), driven by strong brand momentum, localised strategies, and improved efficiencies.
In Q1 2025, revenue rose 13 per cent YoY to €6.15 billion (~$6.58 billion), led by robust growth across regions, product categories, and channels.
Operating profit surged 82 per cent to €610 million (~$652.7 million).Read More

29.04.2025Comments Off