The newest freaking market news of the week was curated and evaluated by Mrs.Vu Kim Hanh, a veteran journalist and the Chairwoman of the Business Association of High-Quality Vietnamese Goods. The show is created by Maybe - A platform that discovered talents
Update the market every day.
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01:00 - The story about children addicted to smartphones: Modernity causing harm
Currently, the addiction to gaming and substantial spending on electronic games are attracting considerable attention from the community. It seems that mobile phones have become the modern tool to keep children occupied. Psychologists advise that parents should change this situation and turn the phone into a shared toy between parents and children, rather than an addictive tool for the young ones. This is an issue that needs to be scientifically and seriously researched, not to be dealt with lightly.
07:45 - The story about South Korea's Kimchi and Its relevance to Vietnam
Recently, Daesang Corporation decided to invest approximately 29 million USD to acquire shares of Lucky Foods - an Asian food company based in Oregon, USA. Daesang Corporation stated that taking over Lucky Foods is expected to help the company expand its food business operations in the United States.
Their goal is to become a provider of Asian foods for American families. The ambition to expand the market for South Korean kimchi will serve as a valuable lesson for Vietnamese specialties, encouraging close cooperation in promoting and accelerating exports.
11:05 - The story about the proposed law banning junk food advertising in Australia
On June 19th, independent senator Sophie Scamps presented a bill to the Australian Parliament proposing a law that would ban junk food advertising for children from 6:00 am to 9:30 pm daily on broadcast and television programs.
Senator Sophie Scamps believes that there are up to 800 new junk food advertisements on TV every year, and there is a direct link between these advertisements and childhood obesity. Additionally, estimates suggest that 25% of children are at risk of developing chronic diseases due to overweight and obesity, causing an economic burden of about 11.8 billion AUD on the national healthcare system. So, does this proposed measure receive support, and what impact could it have? Let's listen and find out.
13:45 - The story about ongoing AI race between the United States and China
The intense competition in AI technology has begun between the United States and China as both nations realize the power of AI, most notably demonstrated by the recent explosion of GPT chatbots. In the AI race, investments from both the U.S. and China are on par with each other. So, what strategies are these two countries adopting to gain the upper hand in this AI race?
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