Schneider Electric makes a statement for the future with its Masterpact MTZ circuit breaker The Masterpact MTZ circuit breaker takes the lead in power system uptime and energy efficiency with its onboard Ethernet communications and Class 1 (≤1 per cent error) active power metering accuracy built into every circuit breaker. It also allows wireless remote control of the circuit breaker via Bluetooth LE keeping maintenance staff outside of the arc flash zone during operation. These innovative advancements in technology are an industry first. As part of Schneider Electric’s comprehensive EcoStruxure Power Platform the Masterpact MTZ is an industry-leading, world-class circuit breaker with all new IoT-enhanced digital capabilities. It includes wireless communication, customisable/downloadable applications, integrated analytics, and advanced metering and sensing technologies that address evolving industry challenges. With the introduction of digital modules, the breaker is … [Read more...] about Schneider Electric introduces Masterpact MTZ power circuit breaker
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Firms updated about RoK’s new rules on agricultural imports
Mangos are packaged to prepare for export (Photo: VNA) Hanoi (VNA) – Meeting tougher technical standards in production and preservation is the key to helping Vietnam’s agricultural products, including fruits, actively raise their export volume and value, an official has said. Nguyen Quoc Toan, Acting Director of the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development, made the remark at a workshop in Hanoi on June 19 that focused on the Republic of Korea (RoK)’s management system of the plant protection product (PPP) residue list for imported agricultural products. He said although agricultural products of Vietnam boast huge export potential, only when they meet strict production and preservation standards can the possibility of being exported directly to such markets as the RoK, Japan, Taiwan (China) and Europe be improved. Le An Hai, Deputy Director of the Department for Asian – African Markets of … [Read more...] about Firms updated about RoK’s new rules on agricultural imports
Siemens at the forefront of an AI-driven Vietnam
The new SIMATIC S7-1500 TM NPU module with integrated AI It is said that AI offers tremendous potential for industry. What specific insights does Siemens have on this? Pham Thai Lai AI has widely emerged in our daily life in various ways. For example, today we are using face or speech recognition as a given. In the last two or three decades, major technology advances have made more powerful hardware and software and improved computing power and data transmission. This promotes and offers new areas and dimension of using AI to create entirely new industrial opportunities for flexible and efficient production, even when it comes to complex and increasingly customised products in small batch runs. The consequences will be significant. According to a PricewaterhouseCoopers study, AI could contribute up to $15.7 trillion to the global economy in 2030, and a total of 62 per cent of large companies have already utilised AI technology by 2018. Furthermore, the industry is becoming … [Read more...] about Siemens at the forefront of an AI-driven Vietnam
PM urges central, Central Highland regions to promote green growth
He said the meeting aims to collect opinions for the building of the 10-year national socio-economic development strategy for 2021-2030, the five-year socio-economic situation report for 2016-2020, and the five-year socio-economic development plan for 2021-2025 for submission to the congress. At the working session The PM asked the central and Central Highland regions to study an effective regional connection mechanism, review an overall plan on transport development, restructure agriculture, restore the development of the forest economy, forestry-based economy, and develop renewable energy and tourism. He told the regions to build sustainable agricultural production chains and develop road, railway and aviation transport infrastructure. Special attention should be paid to implementing social welfares for ethnic people and contributors to the national revolution, improving human resources training, and ensuring defence security in the areas. The PM held that it is … [Read more...] about PM urges central, Central Highland regions to promote green growth
Investors step up M&A movements
The remainder of 2019 will be key for Vietnam to avail of longer-term investment possibilities, Photo: Le Toan Warrick Cleine, chairman and CEO of KPMG Vietnam, told VIR that they have seen tremendous confidence in Vietnam from large investors, especially from the likes of Japan, South Korea, and Singapore. The trend has expanded from the acquisition of 100 per cent or control of Vietnamese companies, such as the Sabeco deal from Thailand, to minority or strategic investments in large Vietnamese companies. These are often institutional investors, and their decisions reflect confidence in Vietnam’s overall macroeconomic and geopolitical state, and the management teams and business models of the specific companies. “Provided the global economy remains strong and Vietnam maintains its reform orientation, there is no reason investors will not continue to have the confidence to invest in Vietnam,” Cleine stressed. KPMG in particular expects to … [Read more...] about Investors step up M&A movements
