Amazon

Workers make clothes in Binh Minh Import Export Co. The “90-day Amazon Launchpad” programme, designed to help small and medium-sized firms boost exports to global market via e-commerce. — VNA/VNS Photo Duong Giang The “90-day Amazon Launchpad” programme, designed to help small and medium-sized firms boost exports to global market via e-commerce, kicked-off on September 9. Under the programme, 50 enterprises were selected to be trained via email and webinar, online or directly, by Amazon Global Selling staff to do business on cross-border e-commerce platforms. They will not only be provided with information and knowledge of e-commerce but be assisted to study and apply digital tools to do market research, access customers and analyse consumption trends such as big data and artificial intelligence. After 90 days, the enterprises are expected to master skills for trading online via e-commerce platforms. The three-month programme is part of the Go Digital - Go Global package …

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Hanoi (VNA) – The Enterprise Development Agency under the Ministry of Planning and Investment in coordination with Amazon Global Selling Vietnam on September 9 held a webinar to launch a programme for firms interested in export via e-commerce. The 90-Day Amazon Launchpad programme is part of the ministry’s Go Digital Go Global aid package for enterprises’ digital transformation during 2021-2025, aiming to help small- and medium-sized ones bring their products to global markets using digital tools and platforms. Amazon Global Selling is among partners of the package. Amazon Global Selling Vietnam will assist more than 50 selected businesses with different levels of assistance, from providing information and knowledge via email, webinars to direct support by Amazon personnel in the process of business planning on cross-border e-commerce . digital transformation . In addition, at least 100,000 enterprises are supported to use a digital transformation readiness evaluation …

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Transactions at Techcombank. Techcombank will harness the breadth and depth of AWS cloud services to facilitate the rapid development of innovative new products and services. — Photo courtesy of the bank Techcombank has selected Amazon Web Services (AWS), an Amazon.com Inc company, as its preferred cloud provider to enhance customer experience. Techcombank will harness the breadth and depth of AWS cloud services to support its vision to “change banking, change lives” and facilitate the rapid development of innovative new products and services that help Vietnamese individuals, businesses, and corporations grow. The multi-year collaboration will also focus on establishing a cloud skills programme to provide the bank’s employees with access to the world’s most comprehensive and broadly adopted cloud offering and promote an environment of rapid and continuous innovation. Using AWS, Techcombank gains the reliability and scalability to offer new digital financial services faster, …

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Businesses want improved technical standards to entice them further. Photo: Le Toan Trieu Minh Long, head of the Ministry of Information and Communications’ (MIC) International Cooperation Department, said that Vietnam is studying and completing regulations guiding 5G standards, deemed urgent to address equipment, network, infrastructure, service quality, and cybersecurity issues. Networks, infrastructure, and cybersecurity are among the strong interests of US technology firms in Vietnam, with specifics focused on 5G applications, solutions to meet growing demands in cybersecurity and open market acceleration, and also Vietnam-US trade and investment cooperation. At a conference held in early September between the MIC and the US Trade and Development Agency about 5G standards, Vietnamese telecoms giants like MobiFone and BKAV as well as leading powerful US technology titans such as Qualcomm, Intel Palo Alto Networks, Oracle, and Mavenir discussed the possibilities of boosting …

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NASA plans for return to Moon to cost $28 billion - photo: nasa.gov Congress, which faces elections on November 3, will have to sign off on the financing for a project that has been set by President Donald Trump as a top priority. The $28 billion would cover the budgetary years of 2021-25. In a phone briefing with journalists Monday on the Artemis mission to return human beings to the Moon, NASA administrator Jim Bridenstine noted that "political risks" were often the biggest threat to NASA's work, especially before such a crucial election. Barack Obama cancelled plans for a manned Mars mission, after his predecessor spent billions of dollars on the project. If Congress approves the first tranche of $3.2 billion by Christmas, "we're still on track for a 2024 moon landing," Bridenstine said. "To be clear, we're going to the South Pole," he said, ruling out the sites of the Apollo landings on the Moon's equator between 1969 and 1972. "There's no discussion of anything other …

[Read more...] about NASA plans for return to Moon to cost $28 billion

Hanoi tax authorities collect taxes from Google and Apple content developers The Hanoi Department of Taxation have collected over VND39 billion (USD1.69 million) from content developers on Google and Apple during the first seven months of this year. The Hanoi Department of Taxation have collected over VND39 billion (USD1.69 million) from content developers on Google and Apple during the first seven months of 2021. Illustrative photo According to the department, they have collected taxes from 392 people that provide content services on various applications including Google Play and Apple Store. The department have collected VND 203 billion (USD8.83 million) in taxes from these content developers since 2018. The municipal tax authorities are also seeking to collect more taxes from online businesses. They are checking on the information of 32,085 businesses that are using online delivery services and 756 housing rental businesses. The department has co-operated with banks and …

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The company, formally known as Thanh Cong Textile Garment Investment, also saw revenues plummet by 26 percent year-on-year to $10 million, and, together with the ballooning expenses, this caused a loss of $282,000 for the month. The company said production fell due to a shortage of workers amid the tightened social distancing requirements in HCMC despite having many of them stay on-site. Its monthly net profit has not dipped below $600,000 this year. Its year-to-date profit is $5.48 million, only 44 percent of the full-year target. Thanh Cong’s biggest export markets are the U.S., South Korea, Japan, and China. It is looking for new buyers in Europe and countries that have signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. It is also pushing head with e-commerce sales after tying up with U.S. e-commerce giant Amazon last year. …

[Read more...] about Covid causes first monthly loss for garment giant Thanh Cong

The wood industry maintains growth momentum despite Covid-19 According to Binh Duong Furniture Association (BIFA), in the first 8 months of 2021, the export turnover of wood products was estimated at nearly US$4.78 billion, up 44.2 percent over the same period last year; accounting for 21.5 percent of the province's export turnover with the key markets such as Japan, Singapore, Hong Kong, Taiwan (China), the European Union (EU), especially the US market accounting for more than 65 percent. Many years ago, businesses in the region did conquer the US market having stable orders and large output. A leader of Tan Nhat Company in Nam Tan Uyen Industrial Park said that the company received most orders of tables, chairs, cabinets, and other interior products. About 600 wood exporters in the Southern Province of Binh Duong are currently promoting the restructuring of production with a focus on high-value products plus changes in the trade promotion method from direct to online through …

[Read more...] about Vietnam’s wood industry maintains growth momentum despite Covid-19

The quartet of newly minted citizen astronauts comprising the SpaceX Inspiration4 mission safely splashed down in the Atlantic off Florida's coast on Saturday, completing a three-day flight of the first all-civilian crew ever launched into Earth orbit. SpaceX's Crew Dragon capsule, dubbed Resilience, parachuted into calm seas around 7 p.m. EDT, shortly before sunset, following an automated re-entry descent, SpaceX showed during a live webcast on its YouTube channel. Within an hour the four smiling crew members were seen emerging one by one from the capsule's side hatch after the vehicle, visibly scorched on its exterior, was hoisted from the ocean to the deck of a SpaceX recovery vessel. Each of the four stood on the deck for a few moments in front of the capsule to wave and give thumbs-up to the cameras. Each was then escorted to a medical station onboard for checkups they were to undergo at sea. Afterward, the amateur astronauts were to be flown by helicopter back to Cape …

[Read more...] about SpaceX capsule with world’s first all-civilian orbital crew splashes down off Florida

Sam Harris, Lead of Regional Public Sector Startup for Asia-Pacific and Japan, AWS Med247, a Vietnamese startup that operates a medical app and care facilities across Vietnam, is offering free telehealth services to people in locked down areas in Vietnam, especially in the south, to help them access healthcare during COVID-19. The company has developed a hybrid platform that combines traditional health models with telemedicine technology via an app for patients and doctors to bring affordable healthcare to all, and to scale up and optimise on the resources. Tuan Truong, co-founder and CEO of Med247, told VIR, “AWS has helped us reach out to citizens through innovative ways to stay healthy by using an affordable and convenient platform. With it, we can pivot from primary care to maintaining the wellbeing of modern families, and with machine learning we are able to better predict diseases and implement preventive care quickly and accurately.” Med247 is one of the beneficiaries …

[Read more...] about AWS expands Public Sector Startup Ramp in SE Asia