Vietnam

Avon to Cut 1,500 Jobs; CEO Says Layoff Will Stabilize Company

Struggling beauty products seller Avon said late Tuesday it will cut about 1,500 jobs and exit the South Korea and Vietnam markets. The job cuts amount to almost 4 percent of its workforce and are one of the first major moves by CEO Sheri McCoy, who in April replaced longtime CEO Andrea Jung.

Beyond Olympic Uniforms: Where the Products We Love Are Made

Forget all the hullabaloo over Team USA's much maligned, Chinese-made Olympic uniforms; we're a nation of importers. But importing from where? Check out DailyFinance's unscientific survey of some of America's more popular products and where they're actually made.

Your Dry Cleaning Bill's About to Get Worse

If your weekly dry cleaning bill already has you cringing, brace yourself for more pain. As soon as your next pickup, prices may be higher -- and it's all because of wire hangers.

Gap's Global Push Brings Retailer to Vietnam, Guam

Building on its ongoing mission to grab a bigger share of the $1.4 trillion global apparel market, Gap will open its first stores in Vietnam and Guam through its franchise channel in the next few months.

BP to Sell Venezuela, Vietnam Assets for $1.8 Billion

BP (BP) will sell a total of $1.8 billion of assets in Venezuela and Vietnam to TNK-BP to raise money to fund the Gulf of Mexico oil spill clean up. TNK-BP, a joint venture between BP and a group of Russian billionaires, will make a $1 billion deposit by Oct. 29 and pay the rest in the first half of 2011, Bloomberg News reported.