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Beware Ukraine crisis fallout, Vietnamese firms told

Vietnamese enterprises should prepare to deal with ramifications of the ongoing Ukraine conflict like rising oil prices and long-term impacts of sanctions on Russia, experts say. Diversification of both export and import markets would be a key aspect of the preparation, they add.
Republic Of Pham Quang Vinh Vu Kim Hanh Co Ltd Agriculture Organisation Quality Vietnamese Goods Enterprises

Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there

SINGAPORE - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer. Chris Xu, Shein's founder and CEO, has also become a permanent resident of the city-state, according to a document. Shein, which...
New York United States Chris Xu Guangzhou Shein International Import Export Co Ltd Tencent Holdings Singapore Economic Development Board

Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets here

SINGAPORE - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer. Chris Xu, Shein's founder and CEO, has also become a permanent resident of the city-state, according to a document. Shein, which...
New York United States Chris Xu Guangzhou Shein International Import Export Co Ltd Tencent Holdings Singapore Economic Development Board

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Documents Show China Imports Embargoed Venezuelan Crude

It may be the oil markets worst-kept secret. (Bloomberg) -- It may be the oil market’s worst-kept secret: Millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China. The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, shell companies and silenced satellite signals. But there’s another aspect to the dodge. It involves “doping” the oil with chemical additives and changing its name in the paperwork ...
Distrito Federal United States Hong Kong City Of United Kingdom Libre Abordo

Doctored and Rebranded Oil Blacklisted by U.S. Winds Up in China

Doctored and Rebranded Oil Blacklisted by U.S. Winds Up in China This content was published on January 22, 2021 - 11:00 January 22, 2021 - 11:00 (Bloomberg) -- It may be the oil market’s worst-kept secret: Millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China. The cat-and-mouse games that avoid detection and sanctions include ship-to-ship transfers, shell companies and silenced satellite signals. But there’s another aspect to the dodg...
Distrito Federal United States Hong Kong City Of United Kingdom Libre Abordo

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