You're going to have to pay an American a little bit more money than you are going to pay someone in Vietnam. Rob Rubin:. Well, I think we've done it, Dave. This was so much fun to talk about. I think we had a really good conversation about credit cards and the impact of sort of what would happen if there's a recession and whether we have a soft landing or not.
Audio
| Sep 1, 2023
Chart
| Oct 1, 2023
Source: Insider Intelligence
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| Sep 30, 2023
Source: Insider Intelligence | eMarketer
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| Sep 26, 2023
Source: Ipsos; Moloco
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| Sep 26, 2023
Source: Ipsos; Moloco
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| Sep 26, 2023
Source: Milieu Insights
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| Sep 26, 2023
Source: Milieu Insights
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| Sep 26, 2023
Source: Milieu Insights
The top five countries for social media penetration among internet users will be in Asia—the Philippines, China, Vietnam, Malaysia, and Thailand. In the Philippines, 98.6% of internet users will be on social this year, 11.6 percentage points higher than the regional average. Social media usage in Asia-Pacific is unique.
Article
| Jun 29, 2023
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| Sep 22, 2023
Source: Bango
Meanwhile, Vietnam and Malaysia could see lower demand for goods they export. Strong retail sales data shows the region has compensated for the supply chain weaknesses in China, the biggest trading partner of ASEAN (Association of Southeast Asian Nations).
Report
| Jul 29, 2022
An abundance of nickel reserves in Vietnam could position VinFast to become an EV-production leader, but it might have a tough road ahead to win over US consumers. Support from the US federal government will help boost production but won’t be enough to guard against supply chain disruptions for the many minerals needed in EV batteries.
Article
| Aug 1, 2022
Ministry of Culture, Sports and Tourism of Vietnam. PayPal. Statistics Indonesia. The Drum.
Report
| Feb 1, 2022
Travel check-ins, dining reservations, and other notifications in the messaging app can be sent directly to Wallet, starting with partnerships with Vietnam Airlines, Spain-based Renfe, and reservation service TagMe. Save company IDs. Google will add support for corporate IDs later this year. Google’s opportunity: These features can resolve pain points and meet consumer demands.
Article
| Jun 2, 2023
The majority of Apple’s production takes place in China, India, and Vietnam, where the company relies on partners like Foxconn and its factories. Tech companies have laid off more than 186,000 employees (including Accenture’s announced 19,000 layoffs) so far this year, surpassing 2022’s total of 164,411 tech layoffs, per Layoffs.fyi.
Article
| Apr 5, 2023
Our digital user estimates for Southeast Asia, which we currently define as Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, are updated on an annual basis to continually incorporate the latest changes and developments in consumers’ technology adoption.
Report
| May 9, 2022
They are also a key source of income for Vietnam, where various phone and component factories assemble the devices. Apple, whose iPhone 14 supply was constrained by China’s factory closures, is looking to expand into India. Decreased demand could slow down expansion plans.
Article
| Jan 27, 2023
Pandemic-driven factory and shipping port closures in countries like Vietnam, Malaysia, China, and other areas where the US outsources production have contributed to supply chain delays. Supply chain woes are already weighing on consumer loyalty.
Article
| Oct 13, 2021
The news: TikTok Shop is now available in Thailand, Malaysia, and Vietnam as part of the social media platform’s plan to further its ecommerce ambitions in Southeast Asia, per ebrun. Merchants in Indonesia have had access to TikTok Shop since last year but have thus far been limited to only serving Indonesian users.
Article
| Mar 1, 2022
Our take: Despite efforts to diversify production away from China and into regions like India and Vietnam, Apple is realizing that its best options are with an established partner, at least for now. This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing—a daily recap of top stories reshaping the technology industry.
Article
| Mar 28, 2023
In response to iPhone shortfalls, Apple has accelerated its exodus from China and is looking at India and Vietnam as alternatives. But effectively replicating its Chinese production facilities in other countries could take years. Meanwhile, in China: Retailers like JD.com Inc. and state carrier China Mobile took 800 yuan ($118) off the iPhone 14 Pro, ostensibly to push sales.
Article
| Feb 7, 2023
Changes in methodology prevent direct comparisons with earlier findings. 25 companies were selected based on their global reputation, size, and geographic presence in 25 countries, from Australia and China to the US and Vietnam. Cut to the chase: Companies were ranked across 11 digital channels, including apps, blogs, corporate and local company websites, and social media sites.
Article
| Apr 13, 2023
Coronavirus-related factory closures in China have led to reduced profits, even as Apple accelerated plans to move production to India and Vietnam. The tight integration between Apple software and hardware has resulted in unparalleled design and performance for iPhones, iPads, and Macs. Making its own radios, displays, and components will result in even more integrated devices.
Article
| Jan 13, 2023
Similarly, some Apple iPhones are now being produced in India, and part of Google’s newest Pixel phone production has shifted to Vietnam, per The New York Times. The big takeaway: The uncertainty that China’s zero-COVID policy poses has brought to light the need for retailers and brands to diversify their supply chains if they want to avoid disruptions.
Article
| Nov 9, 2022
It already allows cross-border sellers on other versions of its service, including in the UK, Vietnam, Malaysia, and Singapore. The broader context: TikTok’s push into social commerce makes sense given the way in which its platform has become enmeshed in the lives of consumers—particularly Gen Z.
Article
| Apr 10, 2023