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The protests flared hours after it was announced at midnight on Nov 15 that the price of petrol would be raised by 50 per cent for the first 60L and by 300 per cent for anything above that each month. (Photo: AFP) Ayatollah Ali Khamenei blamed "hooligans" for damaging property and said "all the centres of the world's wickedness against us have cheered" the unrest. At least one person was killed and several wounded in two days of demonstrations that saw motorists block highways and others attack public property in cities across the Islamic republic. The protests flared hours after it was announced in the early hours of Friday that the price of petrol would be raised by 50 per cent for the first 60L and by 300 per cent for anything above that each month. The scheme was agreed by the High Council of Economic Coordination made up of the president, parliament speaker and judiciary chief. Khamenei said that "I am not an expert and there are different opinions but I had said that if the … [Read more...] about Iran leader backs petrol price hike that sparked protests

The Vietnamese fashion market has been busy in recent years with the presence of big players in the industry. South China Morning Post has reported that since US President Donald Trump has taken office, a number of international fashion brands such as Uniqlo, Levi’s, Crocs, Ralph Lauren, Calvin Klein and Tommy Hilfiger have relocated their production bases out of China. However, the increased labor cost and inequality between Chinese and foreign enterprises were the real causes for the brands to leave China even before the breakout of the US-China trade war. The newspaper commented that, for fashion brands which care about tariffs, the only choice is relocating their production bases from China to other countries. Uniqlo has officially announced the opening of its first fashion store in district 1, HCM City, in December 2019. One year ago, the group set up Uniqlo Vietnam, a 100 percent owned firm. In 2018, Elise Fashion, the Vietnamese fashion brand for office workers, also … [Read more...] about Big fashion brands enter Vietnam market

The U.S. handed off a significant military package, including six brand-new fast-response Metal Shark patrol boats, to the Vietnam Coast Guard during a ceremony on Phu Quoc Island off southern Vietnam on Thursday. The transfer formed part of the innaugral visit made by Vice Admiral Fred M. Midgette, Commander of the U.S. Coast Guard Pacific Area, to the Southeast Asian country, the U.S. Embassy in Hanoi said in a press release. Vice Admiral Midgette is responsible for all U.S. Coast Guard missions within the half of the world that ranges from the waterways within the Rocky Mountains in North America to the waters off the East Coast of Africa. Aside from the patrol boats, the package was comprised of US$20 million worth of infrastructure and equipment, including a training center, maintenance facility, boat lift, vehicles, and a navigation simulator. The fast-response Metal Shark boats the U.S. handed over to Vietnam are seen on Phu Quoc Island, off southern Vietnam. Photo: U.S. Embassy … [Read more...] about ​US transfers six Metal Shark patrol boats for Vietnam’s fight against ‘bad actors’