The global fleet of Boeing 737 MAX planes has been grounded after two deadly crashes, including this group of Southwest Airlines planes photographed in California in March AFP/Mark RALSTON The US Federal Aviation Administration convened a summit of global aviation regulators on Thursday (May 23) to walk through the steps taken to address concerns with the MAX following criticism the agency dragged its feet on the decision to ground the jets. Most agencies around the world have said little or nothing about the situation since the 737 MAX was grounded following the Mar 10 Ethiopian Airlines crash, which together with a Lion Air crash in October, claimed 346 lives. So the gathering in Fort Worth, Texas is expected to provide clues as to whether the aviation safety authorities will be willing to set aside any skepticism about the FAA, which has not yet given the green light for the 737 MAX to fly again. Regulators "are going to want a lot of explanation", said Richard Aboulafia of the … [Read more...] about Will FAA”s plan for 737 MAX fly outside US?
On May 16, the Ministry of Industry and Trade announced Inspection Conclusion No.3202/KL-BCT about the management and usage of capital and assets as well as the production and business activities of Vietnam Motors and Agricultural Machinery Corporation (VEAM). There have been numerous cases of mismanagement at VEAM and its subsidiaries. Source: vneconomy.vn In the document, the Ministry of Industry and Trade (MoIT) stated that in the period between 2010 and June 2018, in spite of producing profit in its annual consolidated business reports, revenue mainly came from joint venture companies like Toyota or Honda. Meanwhile, the inspection uncovered inefficient production and business activities at other business units under the management of VEAM, leading to reduced profitability or even losses. The management and administration at VEAM and its members feature many errors and shortcomings. Specifically, the inspectors found many violations in the staff organisation, management, … [Read more...] about Inspection conclusion at VEAM Corporation
Chinese telecoms giant Huawei is ready to deal with Washington's crackdown and will reduce its reliance on US components, its founder and CEO Ren Zhengfei told Japanese media on Sunday (May 19). A former Chinese army technician, Ren Zhengfei founded Huawei in 1987. (Photo: AFP/Fabrice Coffrini) President Donald Trump effectively barred Huawei from the US market on Wednesday and added it to a list which would restrict US sales to the firm amid an escalating trade war with Beijing. "We have already been preparing for this," Mr Ren told a group of Japanese journalists on Saturday, in his first interview since Trump's move. Mr Ren said Huawei would continue to develop its own components to reduce its dependence on outside suppliers. Huawei is a rapidly expanding leader in 5G technology but remains dependent on foreign suppliers. It buys about US$67 billion worth of components each year, including about US$11 billion from US suppliers, according to The Nikkei business daily. The … [Read more...] about Huawei will not bow to US pressure, says founder Ren Zhengfei
Scott Kronick, chief executive of Public Relations & Influence at Ogilvy Asia In your opinion, what opportunities does sports marketing offer for brands? Is there any challenge to this form of marketing? First of all, sports provide a fantastic platform, and sports events like the Olympic Games are packed with great spirit, celebrating potential, sportsmanship, and excellence on the global level. People connect to sports on an emotional level, as they see athletes spending their whole life for one goal and one chance. That type of commitment is very powerful and moving. When an athlete receives a medals carries their flag, and sings their national anthem, it’s a source of pride for a lot of people. Sports also represent people coming together in friendly competition to achieve their dreams. It’s not surprising that many brands want to be linked to these kinds of ideals. By quickly associating with a sports event or an athlete, the brand gets the “reference … [Read more...] about Sports marketing continues to boom to make brands matter
Digital farming solutions are not just adding efficiency to agriculture, but doing so in a sustainable manner Over the years, climate change has had a marked negative impact on agriculture in Vietnam, particularly in the Mekong Delta and the Central Highlands. According to the Ministry of Natural Resources and Environment, in 2018, Vietnam was one of the five most vulnerable countries on the globe to climate change. Vietnam also ranked fifth on the Global Climate Risk Index and eighth for long-term Climate Risk Index (CRI). Particularly in the Mekong Delta provinces, in the near future, about 35 per cent of the population will be affected and about 40.5 per cent of the region’s total rice production will be lost. Meanwhile, according to Tran Vinh, deputy director of the Western Highlands Agriculture & Forestry Science Institute, climate change has directly caused shortages of water in the irrigation system, threatening agriculture in the Central Highlands. “Every … [Read more...] about Bayer enlists hi tech for sustainable agriculture