Industry 4 0

The total retail value of goods and services exceeded VND718.1 trillion during the first seven months of the year, an annual fall of 3.8% during the period, including accommodation and dining services recording drops of 45.1% and travelling falling by 74.9%. … [Read more...] about Industrial production in HCM City endures fall over seven-month period

According to Focus Economics, Vietnam’s index of industrial production (IIP) in June 2020 was up 7 per cent on-year, largely driven by manufacturing and electricity production. Manufacturing and industrial output is estimated to grow 2.71 per cent overall in 2020, with 9.2 per cent growth forecast in 2021. … [Read more...] about Industrial property proves most resilient to COVID-19

Hanoi (VNA) – The 4th meeting of the Vietnam-Japan Joint Committee on Cooperation in Industry, Trade and Energy was held in Hanoi on August 7 in the form of video conferencing. The meeting was co-chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh and Japanese Minister of Economy, Trade and Industry Kajiyama Hiroshi. The ministers rejoiced at cooperation outcomes between the two sides since the 3rd meeting, especially collaboration within the Association of Southeast Asian Nations (ASEAN), the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as cooperation in energy, automobile and chemical industries and industrial workforce training. They reiterated the significance of the joint committee in removing difficulties for businesses and promoting cooperation between the two countries, particularly in the context of the COVID-19 pandemic. They shared the view that … [Read more...] about Vietnam, Japan foster cooperation in industry, trade, energy

Its production is set to fall by 30 percent from last year due to difficulties in sourcing parts from Malaysia and India, where suppliers had to shut down plants, the company said in a recent report to the Ministry of Planning and Investment. … [Read more...] about Honda Vietnam eyes imports as snapped supply chains hit production

HANOI, VIETNAM - Media OutReach - Aug 07, 2020 - T​he potential of Blockchain technology reaches across multiple industries. This 4.0 digital mechanism could be the answer for many stubborn social problems, especially when the world is facing a once-in-a-century health crisis -- Covid-19 and is demanding urgent resolutions. This strange, yet promising, Blockchain corporation - Lina Network believes, it's about time for them to take the next significant step on the development journey right in the middle of chaos and crisis. Perhaps, changes are necessary to adapt to the 'new normal' which is slowly seizing the world system. The firm officially transformed their brand identity ​"to become an organization with a global network that provides solutions to real-world problems in societies using technology applications." The new look is clean, neat and delivers the essence of contemporary technology in the digital age just right. … [Read more...] about The First Corporation to Ever Excel Digital Transformation in Multi-industry Changed Its Identity