Enterprises not only want to develop market share in Vietnam but also to invest in the country so as to make use of trade advantages that Vietnam is enjoying. Attraction from export turnover According to the ministry, by November this year, there were 30 export products with export turnover of above US$1 billion, accounting for 91.6 percent of total exports, mainly focusing on key product lines, including electrics, electronics, garment and textile, footwear, plastics, computers and components. Specially, there were five products with export turnover of above $10 billion, accounting for 59.6 percent. Particularly, cellphones and components had the highest export value of $48.7 billion, accounting for 20.2 percent of total exports, an increase of 5.4 percent over the same period last year. Electronics, computers and components reached export turnover of $32.4 billion, an increase of 19.4 percent. Exports of garment and textile touched $29.9 billion, an increase of 7.8 percent. … [Read more...] about Vietnamese market attractive to foreign enterprises
Computer electronics engineering technology
Vietnam’s industrial production expands 11.2 pct in 8 months
Nghi Sơn Oil Refinery and Petrochemical complex in the central province of Thanh Hoa. (Source: cafeF) Hanoi (VNA) - Vietnam’s industrial production index (IPI) rose 11.2 percent on-year in the first eight months of 2018, the General Statistics Office (GSO) has announced. The growth, higher than the 8.2 percent in the same period last year, was mainly fuelled by crude oil production, which expanded by 510 percent and 520 percent in June and July respectively, compared to last year’s corresponding period. The GSO attributed the oil sector’s strong IPI rise to the opening of the Nghi Son Oil Refinery and Petrochemical complex – the country’s largest of its kind – in the central province of Thanh Hoa in June and another, Binh Son, in central Quang Ngai province – which resumed operations in the same month after annual maintenance. Some sectors in the secondary industry (dominated by the manufacturing of finished products) also … [Read more...] about Vietnam’s industrial production expands 11.2 pct in 8 months
Kerry Logistics Deepens Middle East Presence with New Office in Bahrain and Logistics Facility in Dubai
HONG KONG, CHINA - Media OutReach - 10 December 2019 - Kerry Logistics Network Limited ('Kerry Logistics'; Stock Code 0636.HK) is deepening its presence in the Middle East by setting up a new office in Bahrain and opening a new bonded logistics facility in Dubai, in order to extend its footprint and enhance its service capabilities as growth in the region gains momentum. The new addition of Bahrain increases Kerry Logistics' global network coverage to 55 countries and territories. In Bahrain, the new office focuses on serving the automotive, oil & gas, fashion & lifestyle and electronics & technology verticals with air, ocean and road freight, customs clearance and warehousing services. It marks a significant step for Kerry Logistics to strengthen its foothold in the Gulf Cooperation Council ('GCC') region. In Dubai, the new logistics facility commenced operation in December 2019 as a part of Kerry Logistics' expansion plans in the Middle … [Read more...] about Kerry Logistics Deepens Middle East Presence with New Office in Bahrain and Logistics Facility in Dubai
China Zhongwang announces 2019 interim results
Revenue rose 38.3% year on year to RMB12.9 billion Setting differentiated advantage through technology reinforcementProduction capacity ramped up to boost profitability Results Highlights: A double-digit increase achieved in sales volume and revenue, steady growth in net profit Developing all-aluminium formwork components, and initiating the leasing business of aluminium alloy formwork Client-oriented strategy for the support of new energy vehicles and fabricated products High-end products continue to contribute, including the delivery of a newly-built all-aluminium superyacht by Silver Yachts An interim dividend of HK$0.1 per share declared, representing a dividend payout ratio of approximately 45.9% Financial Highlights: (RMB million) For the six months ended 30 June Change YoY 2019 2018 Sales volume (tonnes) 532,275 325,096 +63.7% Revenue 12,900 9,329 +38.3% Gross profit … [Read more...] about China Zhongwang announces 2019 interim results
MOS World Championship- Việt Nam 2020 launched
The Microsoft Office Specialist (MOS) World Championship-Việt Nam 2020 competition was launched at a ceremony held on Tuesday in Hà Nội. — Photo petrotimes.vn HÀ NỘI — Computer students will be able to test their skills at the Microsoft Office Specialist (MOS) World Championship-Việt Nam 2020 competition. The contest is for university and high school students and was launched on Tuesday at the Hà Nội Foreign Trade University. At the launching ceremony, co-head of the MOS World Championship-Việt Nam's organising committee, Đoàn Hồng Nam said the contestants will test their skills in Microsoft Word, Microsoft Excel and Microsoft Powerpoint using the 2016 versions. Each exam will have one first prize, three second prizes, six third prizes, 15 consolation prizes, and one promising prize, other individual and collective prizes. The total prize value of the contest is expected to be billions … [Read more...] about MOS World Championship- Việt Nam 2020 launched