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Big crowds expected as brand to open in Glasgow's Silverburn
Big crowds expected as brand to open in Glasgow's Silverburn

Glasgow Times

time03-07-2025

  • Business
  • Glasgow Times

Big crowds expected as brand to open in Glasgow's Silverburn

Boba tea firm, CUPP, is opening a new 'Boba Cafe Kiosk' in the Southside shopping centre on Friday, July 4. As part of its opening, the eatery will be giving away free boba tea to the first 100 customers. After that, punters will be able to enjoy 50 per cent off the cafe's menu for the rest of the day. CUPP, described as being a 'cult-favourite boba tea brand', is known for its 'viral drinks and dedicated following'. 'Big crowds' expected as brand to open in Glasgow's Silverburn (Image: Dan Martin) Its new kiosk at Silverburn will offer the drink spot's full range of 'signature boba teas', alongside freshly brewed barista coffee, freshly made cakes, and their Taiwanese hot food menu. The brand is expecting 'big crowds and long queues' of fans at its new Silverburn store on opening day, which has been the case with previous openings. READ MORE: Two global retailers to open stores in Glasgow's Silverburn READ MORE: Glasgow's Silverburn to welcome iconic retailer to the centre Laura Bennett, Marketing Manager of CUPP, said: 'We're so excited to be opening our third location in Glasgow - the city always shows us so much love. "Silverburn is a brilliant spot with huge footfall, and this new kiosk looks amazing. "Whether you're grabbing your go-to order or trying something new from our hot food or drinks menu, we can't wait to welcome both loyal fans and new faces to experience the full CUPP offering." David Pierotti, General Manager of Silverburn, said: 'We're thrilled to welcome CUPP to Silverburn. "As a brand renowned for its viral drinks and loyal following, CUPP brings a fresh and exciting new experience to our guests. "This opening adds even more variety to our already outstanding dining and leisure offering and reflects our ongoing commitment to providing a diverse and high-quality experience for shoppers in Glasgow and beyond.'

US-Vietnam trade deal sows new China uncertainty
US-Vietnam trade deal sows new China uncertainty

France 24

time03-07-2025

  • Automotive
  • France 24

US-Vietnam trade deal sows new China uncertainty

The Southeast Asian nation has the third-biggest trade surplus with the United States of any country after China and Mexico, and was targeted with one of the highest rates in the US president's "Liberation Day" tariff blitz on April 2. The deal announced Wednesday is the first full pact Trump has sealed with an Asian nation, and analysts say it may give a glimpse of the template Washington will use with other countries still scrambling for accords. The 46 percent rate due to take effect next week has been averted, with Vietnam set to face a minimum 20 percent tariff in return for opening its market to US products including cars. But a 40 percent tariff will hit goods passing through the country to circumvent steeper trade barriers -- a practice called "transshipping". Washington has accused Hanoi of relabelling Chinese goods to skirt its tariffs, but raw materials from the world's number two economy are the lifeblood of Vietnam's manufacturing industries. "From a global perspective, perhaps the most interesting point is that this deal again seems in large part to be about China," said Capital Economics. It said the terms on transshipment "will be seen as a provocation in Beijing, particularly if similar conditions are included in any other deals agreed over coming days". 'The looming question' Shares in clothing companies and sport equipment manufacturers -- which have a large footprint in Vietnam -- rose on news of the deal in New York. But they later declined sharply as details were released. "This is a much better outcome than a flat 46 percent tariff, but I wouldn't celebrate just yet," said Hanoi-based Dan Martin of Asian business advisory firm Dezan Shira & Associates. "Everything now depends on how the US decides to interpret and enforce the idea of transshipment," he added. "If the US takes a broader view and starts questioning products that use foreign parts, even when value is genuinely added in Vietnam, it could end up affecting a lot of companies that are playing by the rules." Vietnam's government said in a statement late on Wednesday that under the deal the country had promised "preferential market access for US goods, including large-engine cars". But the statement gave scant detail about the transshipment arrangements in the deal, which Trump announced on his Truth Social platform. Bloomberg Economics forecast Vietnam could lose a quarter of its exports to the United States in the medium term, endangering more than two percent of its gross domestic product as a result of the agreement. Uncertainty over how transshipping will be "defined or enforced" is likely to have diplomatic repercussions, said Bloomberg Economics expert Rana Sajedi. "The looming question now is how China will respond," she said. "Beijing has made clear that it would respond to deals that came at the expense of Chinese interests." "The decision to agree to a higher tariff on goods deemed to be 'transshipped' through Vietnam may fall in that category," added Sajedi.

Accrington midfielder Martin signs one-year deal
Accrington midfielder Martin signs one-year deal

BBC News

time01-07-2025

  • Sport
  • BBC News

Accrington midfielder Martin signs one-year deal

Accrington Stanley midfielder Dan Martin has signed a one-year contract to remain with the League Two 23-year-old came through Accrington's academy and made his first-team debut in the Carabao Cup in then he has made 77 appearances for the club with eight of those coming last season."It took a while over the summer, but it's done - now I am here for another year, playing football in front of the Accy fans," Martin told the club website, external."Now I want to stamp my authority on the team and play the way I like, passing the ball and exciting football."I need to contribute with goals and assists, that's the aim."

Vietnam hikes beer, liquor tax by 5pc yearly, set to hit 90pc by 2031
Vietnam hikes beer, liquor tax by 5pc yearly, set to hit 90pc by 2031

Malay Mail

time15-06-2025

  • Business
  • Malay Mail

Vietnam hikes beer, liquor tax by 5pc yearly, set to hit 90pc by 2031

HANOI, June 15 — Vietnam's lawmakers approved raising the tax on beer and strong alcoholic beverages yesterday to 90 per cent by 2031 from the current 65 per cent, state media said. The tax rate on liquor with more than 20 per cent alcohol content and all beers will rise five percentage points yearly from 2027 before reaching 90 per cent in 2031 under the National Assembly's new legislation. Levies will also increase by five percentage points annually for other drinks with alcohol content below 20 per cent, which are currently subject to a 35 per cent tax, reaching 60 per cent by 2031. 'The gradual annual tax increase is not intended to change behaviour but rather to help consumers adapt more easily,' Hoang Van Cuong, a member of parliament, told the assembly in March. Lawmakers also approved a new levy of eight per cent on beverages containing more than five grams of sugar per 100 millilitres, taking effect in 2027 and increasing to 10 per cent in 2028. Beer sales in Vietnam took a hit following the introduction of a strict zero-alcohol rule for drivers in 2019. However, Dan Martin, an International Business Advisor at Dezan Shira & Associates, said Vietnam's drinking culture has roots 'that run far too deep to be uprooted by policy alone'. 'Rather than spelling doom for the beer market, these measures represent more of a speed bump than a roadblock,' he told AFP. Martin said that behavioural shifts were already underway, with more Vietnamese people consuming alcohol at home rather than at traditional venues such as bars. The trend 'isn't just consumers reacting to new rules', he said. Vietnam ranked seventh globally in beer consumption in 2022, according to a report by Kirin Holdings, a Japanese beer company. Nearly 41,000 Vietnamese people die each year due to alcohol consumption, according to the health ministry. — AFP

Vietnam approves 90% tax on beer, strong alcohol by 2031
Vietnam approves 90% tax on beer, strong alcohol by 2031

Free Malaysia Today

time14-06-2025

  • Business
  • Free Malaysia Today

Vietnam approves 90% tax on beer, strong alcohol by 2031

Nearly 41,000 Vietnamese people die each year due to alcohol consumption. (EPA Images pic) HANOI : Vietnam's lawmakers approved raising the tax on beer and strong alcoholic beverages today to 90% by 2031 from the current 65%, state media said. The tax rate on liquor with more than 20% alcohol content and all beers will rise five percentage points yearly from 2027 before reaching 90% in 2031 under the National Assembly's new legislation. Levies will also increase by five percentage points annually for other drinks with alcohol content below 20%, which are currently subject to a 35% tax, reaching 60% by 2031. 'The gradual annual tax increase is not intended to change behaviour but rather to help consumers adapt more easily,' Hoang Van Cuong, a member of parliament, told the assembly in March. Lawmakers also approved a new levy of 8% on beverages containing more than 5g of sugar per 100ml, taking effect in 2027 and increasing to 10% in 2028. Beer sales in Vietnam took a hit following the introduction of a strict zero-alcohol rule for drivers in 2019. However, Dan Martin, an international business advisor at Dezan Shira & Associates, said Vietnam's drinking culture has roots 'that run far too deep to be uprooted by policy alone'. 'Rather than spelling doom for the beer market, these measures represent more of a speed bump than a roadblock,' he told AFP. Martin said that behavioural shifts were already underway, with more Vietnamese people consuming alcohol at home rather than at traditional venues such as bars. The trend 'isn't just consumers reacting to new rules', he said. Vietnam ranked seventh globally in beer consumption in 2022, according to a report by Kirin Holdings, a Japanese beer company. Nearly 41,000 Vietnamese people die each year due to alcohol consumption, according to the health ministry.

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