Electronics

Photo Le Toan Just a week after Vietnam and the US elevated their bilateral relations to a comprehensive strategic partnership, Prime Minister Pham Minh Chinh paid a working trip to the US to attend the 78th session of the UN General Assembly where he underlined Vietnam’s contributions and commitments to the UN’s activities, and met with UN Secretary-General António Guterres. In the US, he also met with US Vice President Kamala Harris, leaders of the US Congress, the national security advisor, and several members of the US cabinet. He also visited the New York Stock Exchange where he knocked the gavel to open a trading session. He underlined the need for both nations to focus on materialising the new cooperation framework into specific strategies, projects, and business cooperation. Noting priorities to be implemented, the PM said both nations must continue to prioritise resources for realising commitments in the joint leaders’ statement on elevating US-Vietnam relations. … [Read more...] about More consideration lent to US investment

Vietnam's gross domestic product growth accelerated in the third quarter from the previous three months, data showed on Friday, but fell short of this year's growth target as dull demand for exports overshadowed support from monetary easing. GDP in the July-September quarter is expected to have grown 5.33% from a year earlier, faster than the 4.05% expansion in the second quarter, the General Statistics Office said in a report on Friday. Capital Economics said the worst for Vietnam's economy was over but growth remained subdued by past standards. With inflation becoming a growing concern, however, it did not expect a further rate cut from the central bank. The third-quarter figure was much slower than growth of 13.71% in the same period of 2022, when its manufacturing-led economy managed a post-pandemic pickup following a 6% quarterly contraction in 2021. Factory powerhouse Vietnam is targeting growth of 6.5% this year, down from 8.02% last year, but most economists expect … [Read more...] about Vietnam sees Q3 GDP growth capped by weak external demand

Deputy Director of the city’s Department of Information and Communications Tran Ngoc Thach said the prize was given to the representative of the municipal People’s Council on September 26. Thach said it is the second regional smart city award that the city has won since it took the Asia-Oceanian Computing Industry Organization (Asocio) Smart City Award in Bangkok, Thailand, in 2019. This year's award recognized the endless efforts made by the city in boosting outstanding initiatives of building a smart city that focused on happiness, smart infrastructure, online public service, economic growth, education, and development research with human concentration. The Seoul Smart City Prize promotes an innovative yet inclusive smart city model that looks after underprivileged groups. It also aims to narrow the gap between cities and commend those that strive to implement an innovative and inclusive model of smart city in their respective capabilities, given different municipal … [Read more...] about Da Nang city wins Seoul Smart City Prize

Talking to Saigon Giai phong newspaper, Huy provided specific details about cooperation agreements signed between Vietnamese government agencies and U.S. corporations during Prime Minister Pham Minh Chinh's recent official visit to the U.S., which focus on enhancing design capabilities, product development, and training human resources serving the semiconductor industry. NIC has signed three significant memorandums of understanding (MOUs) with U.S. partners, Huy said. Among them, the MoU with Synopsys aims to support the development of a chip design incubation center. Meanwhile, the MoU with Cadence Design Systems Inc was designed to promote the semiconductor and electronics industry in Vietnam. Through this collaboration, NIC will provide Vietnamese universities, training centers, and startups with the necessary technology and training programs to design and develop semiconductor products. Through the MoU with Arizona State University (ASU), NIC and the university will … [Read more...] about Vietnam looks to attract foreign high technology “eagles”