Apple CEO Tim Cook shared very positive performance in emerging markets including Vietnam. Photo: Getty "We set a new June quarter revenue record of $81.4 billion, up 36 per cent from last year, and the vast majority of markets we tracked grew double digits, with especially strong growth in emerging markets, including India, Latin America and Vietnam," said Apple CEO Tim Cook said during the earnings call. He pointed out that, “We had an incredible quarter for the emerging markets in the third quarter. We set June quarter records in Mexico, Brazil, Chile, Turkey, the United Arab Emirates, Poland, Czech Republic, India, obviously in China as I talked about before, Thailand, Malaysia, Vietnam, Cambodia, Indonesia... Those results are for the entire line of products that we have." Currently, Apple's lineup includes iPhone SE, iPhone 11, iPhone XR, and the entire iPhone 12 lineup. For April, May, and June, Apple recorded revenue of $81.43 billion, up 36 per cent on-year. …
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Developing a green bond market is crucial to Vietnam’s sustainable development efforts
A green bond market could supply crucial capital to underpin Vietnam's economic recovery The Global Green Growth Institute (GGGI) today launched its report “Green Bonds Make More Cents?” which analyses trends of green bond markets globally and the experience that Vietnam can consider in order to develop its own domestic green bond market. The report indicates that Vietnam has been building up substantial momentum to kick-off its green finance journey. The updated Nationally-Determined Contribution declared by the government reinforce its focus and commitment on a low-carbon pathway. The recently passed Law of Environmental Protection (2020) lists out green sectors and a roadmap for potentially defining a national taxonomy of green which could give the investors much needed clarity on what defines "green" in Vietnam. Meanwhile, Vietnam is still in the early stages of its bond market. However, reforms introduced in 2018 on easing private placement of bonds and improving …
Mexican Labor Party’s leader hails socialism building as CPV’s sound decision
In an interview recently granted to the Vietnam News Agency (VNA)'s resident correspondent in Mexico, Gutiérrez said the Vietnamese revolution’s glorious victories over the past more than 90 years are the result of many factors, including the CPV’s political platforms, sound policies and guidelines based on creatively applying Marxism-Leninism and Ho Chi Minh's thought in Vietnam’s reality, inheriting and upholding traditional values, cultural quintessence of humanity and loyal solidarity under the CPV’s leadership. According to the official, Vietnam is now not only known for its tradition of patriotism and fighting foreign invaders to regain its independence and freedom, but also its successes on the path of national construction and development, with increasingly improved role and position in the international arena. Highlighting Vietnam’s achievements in developing a socialist-oriented market economy since its Doi moi (renewal) process began in 1986, Gutiérrez said the …
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