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Taiwan's Foxconn predicts huge growth in AI server business/ illustration photo/ Source: freepik.com Foxconn -- known officially as Hon Hai Precision Industry -- is the world's biggest contract electronics manufacturer and assembles devices for many international brands, most notably Apple's iPhone products. It has also moved to diversify beyond electronics assembly, expanding into areas ranging from electric vehicles to semiconductors and servers. "In 2022 alone, Hon Hai's revenue for servers reached 1.1 trillion Taiwan dollars ($36 billion) to obtain a 40 percent global market share," Chairman Young Liu told an annual shareholders' meeting in Taipei. Liu said Foxconn ranks first in global market share for mobile phones, personal computers and servers, with the AI server market now "rising faster than everyone has expected". He attributed the jump in demand to ChatGPT, the AI programme that burst into the spotlight late last year with the ability to generate essays, … [Read more...] about Taiwan’s Foxconn predicts huge growth in AI server business

Vietnam Airlines, Vietnam’s national flag carrier, was named one of the world’s top 25 airlines for 2023 by Australia-based AirlineRatings.com, an aviation safety and product review group. The carrier sits at number 20 in the rankings, above Turkish Airlines, Hawaiian Airlines, KLM, Alaska Airlines, and United Airlines. The first five positions on the list respectively went to Air New Zealand, Qatar Airways, Etihad Airways, Korean Air, and Singapore Airlines. To prepare its annual round-up, AirlineRatings.com considered major safety and government audits, as well as looked at airline fleet age, passenger reviews, profitability, investment rating, product and services, and staff relations. To make it to the top twenty-five, airlines must achieve a seven-star safety rating and demonstrate leadership in innovation for passenger comfort, according to AirlineRatings.com. “We are focused on leadership and airlines that innovate to make a real difference to the passenger … [Read more...] about Vietnam Airlines among world’s top carriers for 2023

According to Electricity of Vietnam (EVN) deputy general director Nguyen Tai Anh, "It will be crucial to implement a swift legal framework on investment, building, and operating offshore wind power projects while simultaneously drawing in investment and enhancing the existing transportation system." "The urgent need is to alter the policy framework as well as regulations to effectively accomplish the defined goals," added Tai Anh, speaking at a conference hosted by EVN on June 1. According to international practice, bringing an offshore wind power project into action requires about 8–9 years of planning and execution. Some analysts predict that Vietnam will require a vigorous preparatory process with suitable regulations to expedite the implementation time to meet the target of 7GW of power from offshore wind by 2030. The German Development Agency's Energy Support Programme and Vietnam Energy Partnership Group (VEPG) gathered specialists to share their international knowledge … [Read more...] about Vietnam needs to modify policies to foster offshore wind power

Illustrative image (Photo: Dai bieu nhan dan newspaper) Hanoi (VNA) - The State Treasury raised 162,952 billion VND (nearly 6.94 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year. The amount was equal to 48.4% of the issuance plan in the second quarter, and 40.74% of the plan set for 2023. In May alone, as many as 23,269 billion VND, or 75.06% of the total G-bonds on offer, was mobilised via 17 auctions on the HNX. Most of the total volume offered in the month was 15-year and 10-year bonds, accounting for 43.4% and 32.1%, respectively. Interest rates continued their downward trend in all terms, with a decrease of 27-35 basic points compared to the last session of April. In the last auction of May, the interest rates for 5-, 10-, 15-, 20-, and 30-year terms were 2.4%,  2.95%, 3.05%, 3.19% and 3.4%, respectively. On the secondary market, the State Treasury … [Read more...] about Nearly 6.94 billion USD raised through Gov’t bond auctions in five months

Tourists visiting a grape orchard in Ninh Hai district’s Vinh Hai commune in Ninh Thuan province.  (Photo: VNA) Ninh Thuan (VNS/VNA) - The south-central province of Ninh Thuan has introduced new grape varieties and advanced farming techniques to improve farmers’ incomes. The country’s largest grape producing province has more than 1,000ha under the fruit and an annual output of 26,000-28,000 tonnes, according to its Department of Agriculture and Rural Development. It grows mostly two table varieties, Red Cardinal and NH 01-48, and the wine grape Syrah. To add value, the province has developed models of growing high quality grape to Vietnamese and global good agricultural practices ( VietGAP and GlobalGAP), and organic standards, and used advanced farming techniques in recent years. Some 31 per cent of the grape growing area sees the use of advanced techniques such as automatic irrigation and polygreen houses, and quality standards like VietGAP and GlobalGAP, … [Read more...] about Ninh Thuan province develops grape eco-system

Visitors at the event. — VNS Photo Mai Huong The Plum Week and Safe Agricultural Products of Son La Province opened at Big C Thang Long supermarket in Ha Noi on Thursday evening, connecting the province’s businesses and cooperatives with retailers and businesses in other provinces and cities. The event was organised by the Son La Provincial Investment Promotion Centre in collaboration with Central Retail Vietnam and Vietnam Farmers' Union. The five-day event features 30 stalls showcasing a wide range of Son La’s agricultural products meeting food safety standards such as VietGAP, GolbalGAP, OCOP and organic certifications. The focus was on promoting Son La plums. Son La provincial People’s Committee Vice Chairman Nguyen Thanh Cong highlighted the significance of the event, stating that it presents a valuable opportunity to showcase the province’s agricultural products and safe food in both the capital city’s market and beyond, encompassing various provinces. He further … [Read more...] about Son La Plum Week and Safe Agricultural Products open in Ha Noi