The shipments to surveillance camera manufacturers from the company's HiSilicon chip design unit started this year, according to one of the sources, and a third source familiar with the industry supply chain. One of the sources briefed on the unit said at least some of the customers were Chinese. Huawei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. The developments indicate the Chinese tech giant is overcoming Washington's export controls, which since 2019 have barred it from obtaining components and technology from U.S. firms without approval. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. Huawei in March announced it had … [Read more...] about Huawei unit ships Chinese-made surveillance chips in fresh comeback sign
International convention on tonnage measurement of ships
War crimes tribunal ICC says it has been hacked
THE HAGUE -- The International Criminal Court (ICC) said on Tuesday its computer system had been hacked, a breach at one of the world's most high-profile international institutions and one that handles highly sensitive information about war crimes. The ICC said it had detected unusual activity on its computer network at the end of last week, prompting a response that was still ongoing. A spokesperson declined to comment on how serious the hack was, whether it has been fully resolved, or who might be behind it. "Immediate measures were adopted to respond to this cybersecurity incident and to mitigate its impact," the ICC said in a short statement. The ICC is the permanent war crimes tribunal in the Dutch city of The Hague, established in 2002 to try war crimes and crimes against humanity. Prosecutors at the court are currently conducting 17 investigations into situations in Ukraine, Uganda, Venezuela, Afghanistan and the Philippines, among others. Highly sensitive documents at … [Read more...] about War crimes tribunal ICC says it has been hacked
Businesses’ intrinsic strength – key to socio-economic development
Jonathan Pincus, UNDP Senior International Economist, said Vietnam should give fresh impetus to national innovation and invest big in research and development (R&D) activities with a view to improving labor productivity in long term. He added that Vietnam’s spending on R&D activities, a measure to evaluate the ability to better labor productivity, has lagged behind that in China, Thailand and Malaysia. Besides, rational mechanisms should be put in place to lure leading Vietnamese scientists to domestic institutes and universities, he said, highlighting they will make practical contributions to the national development. Low worker productivity has hampered economic recovery post pandemic, other experts said, pointing a shortage of employees with substantial experience and skills, and a large number of micro and small businesses as major reasons. While government policies to renew the growth model and enhance innovation in science and technology have created favorable … [Read more...] about Businesses’ intrinsic strength – key to socio-economic development
Friendship, mutual trust drive Vietnam – Japan relations: Japanese Foreign Minister
She made the remark in a recent interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the two countries’ diplomatic ties (September 21, 1973 - 2023). She said that over the last 50 years, the countries have developed relations in all fields thanks to tireless efforts by predecessors. One of the most important milestones of bilateral ties, which are now in their prime, was the elevation of relations to the “extensive strategic partnership” in 2014. Since then, Japan and Vietnam have been building strategic connections in more areas, Kamikawa went on, adding that from focusing only on economic affairs like official development assistance (ODA) provision, bilateral cooperation has been fostered in such fields as security, energy, and human resources development in Vietnam, helping enhance mutual trust between the two countries. The official noted that in this year, which marks the 50th anniversary of their diplomatic ties, the two countries have … [Read more...] about Friendship, mutual trust drive Vietnam – Japan relations: Japanese Foreign Minister
Electricity prices must reflect production costs for green transition
Speaking at the 2023 Vietnam Economic Forum on September 19, Thanh said, “To achieve a green economic transition and boost renewable energy, electricity prices must fully reflect production costs.” According to Thanh, there has been an influx of new energy sources, many of which are costlier than the current average electricity price. As a rough estimate, if the cost of renewable energy stands between 5-7 US cents per kWh, with the addition of transmission costs, the retail price should rise to 10-12 US cents per kWh. Currently, the average retail price hovers around 8.1 US cents per kWh. This suggests the need for an upward revision, taking the new production costs into consideration. "Naturally, the idea of raising electricity prices will receive pushback. However, without a clear roadmap for such price hikes, transitioning to renewable energy becomes unfeasible," Thanh said, adding, "Energy pricing needs to be more reflective of economic and societal costs. Such measures could … [Read more...] about Electricity prices must reflect production costs for green transition
Australian presence apparent in quality and quantity
At the 2023 Australian Investment Forum in Ho Chi Minh City last week, deputy director Vu Van Chung of the Foreign Investment Department under the Ministry of Planning and Investment noted that Vietnamese businesses are now well-equipped to venture into major economies, no longer limiting their focus solely to countries of similar economic stature. One-on-one meetings with representatives from Australian states and territories were held within the Forum. Photo: Australian Embassy in Vietnam “Traditionally, we’ve collaborated with nations matching our development level, management capabilities, and potential,” Chung said. “However, in the past five years, investments from Vietnamese firms have witnessed unprecedented growth in both quality and quantity.” With its burgeoning economic development, Vietnam offers myriad collaboration and international integration opportunities. “Currently, we have approximately 850,000 enterprises, with ambitions to expand this figure … [Read more...] about Australian presence apparent in quality and quantity