Eric Leger, senior vice president, Global Marketing, International Operations at Schneider Electric With the world entering the next normal, the role of technology and digitisation is becoming more pronounced and is becoming a priority for businesses and organisations. How will it help businesses in the region enhance their competitiveness from an energy management perspective? Energy demand, particularly in Asia, has and will continue to increase significantly in the coming years. To sustain this rapid expansion of the economy while adapting to the new normal brought about by COVID-19, digitisation is the solution. Asia will need new energy solutions and strategies. Technology and innovation are required for achieving far greater energy efficiency. … [Read more...] about The “next normal” in business is sustainability
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Singapore: Manufacturing sector silver lining of 2020
Singapore (VNA) – Singapore's manufacturing sector was the silver lining of 2020, with the sector posting growth for the full year, according to data released by the Economic Development Board (EDB) on January 26. The sector expanded 14.3 percent year on year last month. Excluding biomedical manufacturing, output grew 19.8 percent. Overall, manufacturing output increased 7.3 percent last year, compared with 2019. The chemicals cluster grew by 12.3 percent year on year last month, with all segments except petroleum recording output growth. But for the whole of last year, the chemicals cluster's output dipped by 1 percent compared with 2019. The precision engineering cluster picked up 11 percent in December, with the machinery and systems segment growing 12.6 percent on the back of higher output of semiconductor equipment and measuring devices. Precision engineering output increased 10.6 percent for the year. General manufacturing output also grew, by 5.9 percent, with … [Read more...] about Singapore: Manufacturing sector silver lining of 2020
Intel injects additional $475 million into Vietnam facility
This new investment is in addition to Intel’s $1 billion investment to build a state-of-the-art chip assembly and test manufacturing (ATM) facility in Saigon High-Tech Park (SHTP), first announced in 2006. This takes Intel’s total investment in its Vietnam facility to $1.5 billion. … [Read more...] about Intel injects additional $475 million into Vietnam facility
HCMC proposes seven solutions to develop knowledge economy
Vietnam needs to develop information technology infrastructure, especially in the context that the Covid-19 pandemic is still developing complicatedly across the world. New sectors related to digital transformation have been developed, which is both an opportunity and pressure for the country to boost the development of the digital economy in the coming time. … [Read more...] about HCMC proposes seven solutions to develop knowledge economy
Party’s ideological “battlefield” firmly maintained in army
At the event, delegates also discussed and consented a number of solutions to boost the army's information in 2016. Competent agencies and units should well study situations to provide good and exact forecasts on time for the Defence Ministry and Central Military Commission so as to prevent “self-transformation” in units and the army as a whole and deny any contingencies or passive and surprising positions. … [Read more...] about Party’s ideological “battlefield” firmly maintained in army