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Sidewalk lemon tea craze fades, owner forced to shut shop

Investing nearly VND700 million to open a sidewalk lemon tea shop following a trend, Thom suffered losses of hundreds of millions and closed down after less than a year of operation.

Vietnam's textile industry faces mounting pressure for deep restructuring

VN's garment and textile sector is on track to rake in $46 billion in export revenue this year, falling short of the 48-billion-USD goal and underscoring mounting pressure for deep restructuring as global headwinds expose structural vulnerabilities.