Latest news with #YUJINITTA
Nikkei Asia
20-07-2025
- Business
- Nikkei Asia
Hanoi becomes new retail battleground as 7-Eleven, GS25 move in
Retail Convivence store chains step into Vietnamese capital from foothold in Ho Chi Minh City 7-Eleven's first Hanoi location opened in the city's Old Quarter in early June. (Photo by Yuji Nitta) YUJI NITTA HANOI -- A battle of convenience stores is heating up in Hanoi, with Japan's 7-Eleven entering the city to take on a recent arrival, South Korean chain GS25, and market leader Circle K. 7-Eleven opened its first Hanoi location on busy Lo Su Street in the Vietnamese capital's Old Quarter last month. A local company runs the store through a franchise agreement with a subsidiary of Japanese parent, Seven & i Holdings.
Nikkei Asia
03-07-2025
- Business
- Nikkei Asia
Vietnam wary of Trump's 40% tariff on transshipping
Lach Huyen International Port, in northern Vietnam is a major gateway for exports to the U.S. (Photo by Atsushi Tomiyama) YUJI NITTA and MAI NGUYEN HANOI -- The U.S.-Vietnam tariff deal that was reached on Wednesday received a mixed reaction from companies in Vietnam, given the lack of details announced. Although the 20% tariff on all goods exported to the U.S. -- which was announced through a social media post by President Donald Trump -- is lower than the previously proposed 46%, it still poses an obstacle to many Vietnamese companies' exports.
