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Vietnam is at an important moment to participate more deeply in the world’s new value chains, but it also faces several challenges. These include the diffusion of technology, the localization rate, and the ability of Vietnamese enterprises to participate in global supply chains, which remains limited.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
