Here in Vietnam, we are also planning to invest in various smart initiatives, partnering with other Swedish companies as well as our mobile operator customers. Our ambition is further sharpened by the expectation that over two-thirds of global manufacturers will relocate to Asia-Pacific by 2025, with Vietnam clearly attracting a high number of these manufacturing opportunities. At Ericsson, we will support Vietnam in becoming a regional and global smart manufacturing hub. … [Read more...] about Smart manufacturing for accelerated digitalisation
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SCIC pours up to 345.6 million USD in Vietnam Airlines
Hanoi (VNS/VNA) - The State Capital Investment Corporation (SCIC) plans to invest 8 trillion VND (approximately 345.6 million USD) in Vietnam Airlines JSC (HVN). The amount is equal to 25 percent of HVN’s charter capital. “Vietnam Airlines will issue 8 trillion VND in shares to existing shareholders to raise its charter capital. And SCIC represents the Government to buy the shares,” Nguyen Chi Thanh, General Director of SCIC, said during a recent press conference. The two sides had a meeting to work out the HVN share price, Thanh added. Vietnam Airlines is creating a share offering plan to raise its charter capital and needs to get opinions from the State Securities Commission of Vietnam. Meanwhile, SCIC’s mission is to price HVN's share value. In order to define the share offering price, Vietnam Airlines has to evaluate its own value based on its five-year business plan. But COVID-19 is a biggest challenge for the … [Read more...] about SCIC pours up to 345.6 million USD in Vietnam Airlines
Researchers warn of risks for Vietnam in 2021
According to CIEM, Vietnam’s macroeconomic performance in 2021 will be influenced by the world economy, which is still uncertain. The US is expected to continue to apply measures to restrain China’s economy, trade and technology, and may team up with some partner countries to implement measures. … [Read more...] about Researchers warn of risks for Vietnam in 2021
As travel demand surges, Vietnamese airlines plan more late-night flights during holiday season
Air carriers have mobilized their full capacity to keep up with the surge of customer demands during the holiday season, with more departures added during the late hours as well as early mornings from 1:00 am to 5:00 am, said the firms’ representatives. … [Read more...] about As travel demand surges, Vietnamese airlines plan more late-night flights during holiday season
A decade of burying tangled wires in Ho Chi Minh City
The plan’s next phase took place in 2009-10 with the company implementing five projects of burying electrical and communications wires in some central areas including around the Ho Chi Minh City People’s Committee building, Ben Thanh Market, and on the main streets of Tran Hung Dao, Le Thanh Ton, and Truong Dinh. … [Read more...] about A decade of burying tangled wires in Ho Chi Minh City