Category: Spirethoughts

India’s Silver Lining: E-Commerce Boom amidst Pandemic

The Covid-19 pandemic has accelerated trends that favour the widespread adoption of e-commerce, such as increased preference for online channels and greater internet penetration. The pandemic is boosting India’s e-commerce market, which was growing at an average rate of 28% in the past decade, to hit USD100 million by 2022.

Vietnam ascends the value chain

Vietnam is one of today’s most sought-after destinations for companies looking to move production to Southeast Asia. The country achieved this by integrating into the global economy and by liberalizing its domestic business and investment policies.

Vietnam Drives the Fast Lane

Growing at an annual rate of 20% to 30%, Vietnam’s automotive sector is the fourth largest contributor to the country’s GDP.

Refilling to reduce the global plastic binge

The war on plastic has seen the launch of a new online service that will deliver products ranging from soft drinks to washing powder and shampoo in refillable containers, such as durable metal, glass or plastic containers that can be returned and reused.

Crude oil prices and the environment

Travel bans created a 33% decline in demand for oil, while the ill-timed price war between Saudi Arabia and Russia led to excess supply of discounted oil. With the world’s oil storage capacity almost full, oil prices are at its lowest point since the 1990s.