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Hanoi (VNA) – Apple is ramping up the production of iPhones, iPads, Macs and other products outside of China, in a sign that the tech giant is continuing to accelerate its production diversification, reported Nikkei Asia. It quoted its sources as saying that iPad production will begin in Vietnam as early as the middle of this year, marking the first time that the world's biggest tablet maker will build a significant number of the devices outside of China. The tech giant is also stepping up iPhone production in India, its second-largest production base for the iconic device, sources added, with plans to start producing the latest iPhone 12 series, the company's first 5G smartphones, in the South Asian nation in this quarter. Apple is also increasing production capacity for smart speakers, earphones and computers in Southeast Asia as part of its ongoing diversification strategy, the newspaper added. In Vietnam, Apple is mobilising suppliers to expand production capacity for … [Read more...] about Apple bolsters production shift to Vietnam, India

Collaborations amongst major enterprises in the digital banking space demonstrated the investment across seemingly unlikely industries in working together to effectively serve customers at scale. Last year, for example, Trip.com Group partnered with Standard Chartered, PCCW and HKT to launch a new virtual banking service and Asia's first all-in-one numberless bank card, Mox, while multinational ride hailing company Grab teamed up with Singtel to prepare to launch their own digital banking license in 2022. While both of these examples span multiple industries, they each highlight the impetus among businesses to use business partnerships to gain truly 360-degree views of their customers' needs. … [Read more...] about GBG: Six predictions for the financial services and fraud landscape in 2021

Labourers in numerous companies have been striking in protest over unpaid Lunar New Year bonuses traditionally awarded to staff in line with the holidays. If strikes last for a long time, they will impact the company’s prestige in the eyes of partners. In addition, workers quitting due to being unhappy with a low bonus or lack of bonus will also impact the company’s operations because it is difficult to recruit new employees in the days before and after the holiday. … [Read more...] about Companies scramble to ensure Lunar New Year pay bonuses

GEODIS AirDirect expands, with new service connecting Shanghai, China to Guadalajara, Mexico.The service is planned to continue until at least the end of 2022. It provides the only direct access to Mexico from North & Central China. This enhancement complements the existing Hong Kong to Guadalajara (HKG-GDL) schedule, initiated in November 2019. It has also been expanded into the end of 2022.  … [Read more...] about GEODIS AirDirect Services Further Expanded

Hanoi (VNA) – India’s e-newspaper Times of India on January 26 ran an article about the 13th National Congress of the Communist Party of Vietnam, spotlighting Prime Minister Nguyen Xuan Phuc’s speech at the congress opening. The article quoted the Vietnamese PM as saying that the congress is taking place at a time of complicated regional and international developments and global challenges such as climate change, natural disasters and pandemics. In that sense, Vietnam’s 13th National Party Congress comes at a historic time not only for Vietnam but also for the Indo-Pacific region as a whole, it said, adding that there are multiple challenges and opportunities. Having made tremendous economic progress over the last 15 years, Vietnam’s policy of “Doi Moi” (Renewal) has not only raised prosperity for the Vietnamese people but also significantly bolstered the country’s regional and international position, it said. In fact, most … [Read more...] about Indian e-newspaper highlights Vietnam’s role in region