market growth News

LVMH Faces a Slight Dip in Q1 Revenue: Fashion and Leather Goods Lead Amidst Market Challenges

LVMH reports a 2% decline in Q1 revenue to €20.3 billion, with fashion and leather goods leading the earnings. Watches and jewelry saw a 1% increase, while Europe was the only grow...

Vietnam's Auto Market Accelerates with a Stunning 47% Sales Surge in March

Vietnam's auto market saw a remarkable 47% sales surge in March, led by passenger and commercial vehicles. CBU imports jumped 60%, while domestic assemblies grew by 35%. With Toyot...

Bangkok's Booming Serviced Apartment Market: A 6.2% Annual Growth Story

Bangkok's serviced apartment market is growing at a steady 6.2% annually, with new projects adding to the existing supply. The market caters mainly to short-term travelers seeking ...

Vietnam's Coffee Shop Boom: A Silver Lining Amid Rising Business Closures

Despite a surge in business closures, Vietnam's coffee shop industry is booming, with unique concepts and strategic investments driving growth. Entrepreneurs navigate challenges fo...

Renault Group Achieves Record 2.26M Global Sales in 2024, Marking a 1.3% Growth

Renault Group reported a 1.3% increase in global vehicle sales in 2024, reaching 2.26 million units. Growth was driven by strong performances in Europe, Brazil, and South Korea, wi...

Two-Wheeler Industry Sees 15-17% Growth in 2024, Eyes Moderate 2-4% Increase by 2025

India's two-wheeler industry grew 15-17% in 2024, with EVs surging 33%. Projected 2-4% growth in 2025 faces challenges from new regulations but benefits from a strong macroeconomic...