Philadelphia industrial development corporation – Tag

Although Vietnam has stepped up exports to ASEAN, the country ran a trade deficit of US$6.51 billion with the region last year, according to data of the General Department of Vietnam Customs. Vietnam’s trade with other ASEAN countries totaled US$49.53 billion last year, up 19.6% over 2016 and accounting for 11.7% of the country’s total foreign trade. Export growth outpaced import growth but the country still incurred a yawning trade deficit with the region. The country exported US$21.51 billion worth of products to other Southeast Asian countries, growing 23.9% against the previous year, while imports grew by 16.4% year-on-year to US$28.02 billion. The surge in exports to ASEAN is thanks to higher export revenues from mobile phones and phone parts (up US$948 million), iron and steel products (up US$722 million), computers, electronic products and components (up US$488 million), crude oil (up US$378 million), and textiles-garments (up US$181 million). Meanwhile, Vietnam … [Read more...] about BUSINESS IN BRIEF 27/3

At the Worldwide Partner Conference today, Microsoft Corp. announced CityNext, a global initiative empowering cities, businesses and citizens to re-imagine their futures and cultivate vibrant communities. Cities are centres of industrial, economic and entrepreneurial activity that fuel the rest of the world's success. But cities increasingly encounter compelling forces, such as rapid urbanisation, modernisation mandates, and economic austerity pressures. Microsoft CityNext offers cities a vast and diverse Microsoft Partner Network of more than 430,000 technology experts across the globe to innovate today and create a better tomorrow. Leveraging a broad portfolio of familiar and security-enhanced consumer to business software, devices and services and Microsoft's history of successful education and social programmes, CityNext is a collective effort that enables cities and their people to accomplish what's next. "Cities play a vital role in our lives — both now and in the … [Read more...] about Microsoft CityNext: Coming to a city near you