Investment management and financial innovations

While only 6 per cent of manufacturers today are very confident in their systems and capabilities for end-to-end visibility, the factory of the future will connect all its data seamlessly, and it will extend those connections across the whole supply chain. This will enable actionable insights and much faster decision-making, as it eliminates a huge amount of variability that manufacturing businesses have to deal with today. … [Read more...] about Visualising success in factories of the future

Regarding the tasks and solutions for the development of the industry this year, Mr. Bui Ta Hoang Vu, Director of the Department of Industry and Trade of HCMC, said that 2021 was the first year to implement the socio-economic development plan in the period of 2021-2025, with the theme of the year 2021 as "Year of building an urban administration and improving the investment environment", so the industry and trade would stick to these contents to implement effectively. Accordingly, the Department of Industry and Trade will develop and conduct the administrative reform in 2021, review the criteria with restrictions related to industry and trade in the Provincial Competitiveness Index (PCI) to get drastic improving solutions. It will make a plan to contact and work with associations and enterprises to grasp the development situation, difficulties, and problems in the production and business activities and the development of the industry to propose the city solutions to remove … [Read more...] about HCMC’s industry, trade focus on supporting business recovery, market expansion

Hanoi (VNA) – The Vietnam Electricity Northern Power Corporation (EVNNPC) has been recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a Stable Outlook by Fitch Ratings. EVNNPC’s rating is based on the consolidated credit profile of Vietnam Electricity (EVN, BB/Stable), which owns 100 percent of the company, in line with Fitch's Parent and Subsidiary Linkage (PSL) Rating Criteria. The consolidated rating approach is driven by the strong integration of EVNNPC's credit profile with that of its parent. Fitch assesses EVNNPC's Standalone Credit Profile (SCP) at ‘BB’, the same as that of EVN and the Vietnam sovereign rating (BB/Stable). EVNNPC's rating is aligned with that of its parent, EVN. Under Fitch's PSL criteria there are strong linkages between the two, as EVN fully owns EVNNPC and has extensive influence over the company's business plans, profitability and financial profile. Do Nguyet Anh, CEO of EVNNPC, … [Read more...] about EVNNPC named stable Long-Term Foreign-Currency Issuer by Fitch Ratings