HCM City (VNA) – Ho Chi Minh City wants to continue to be an important partner of India in the fields of economy-trade, health care, information technology and clean energy, said Vice Chairwoman of the municipal People’s Committee Phan Thi Thang. During a ceremony marking the 72nd anniversary of India’s Republic Day held by the Indian Consulate General in Ho Chi Minh City on January 26, Thang said with161 projects worth over 74 million USD, India is now placed 25th out of 110 countries and territories investing in the city. Two-way trade reached nearly 1.5 billion USD last year. Attention was paid to holding exchange, economic-cultural and education cooperation activities each year. In particular, the Indian Consulate General suggested training a contingent of medical staff for the city, she said. Vice Chairwoman of the HCM City People’s Committee Phan Thi Thang speaks at the event (Photo: VNA) … [Read more...] about HCM City wants to foster ties with India
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Apple bolsters production shift to Vietnam, India
Hanoi (VNA) – Apple is ramping up the production of iPhones, iPads, Macs and other products outside of China, in a sign that the tech giant is continuing to accelerate its production diversification, reported Nikkei Asia. It quoted its sources as saying that iPad production will begin in Vietnam as early as the middle of this year, marking the first time that the world's biggest tablet maker will build a significant number of the devices outside of China. The tech giant is also stepping up iPhone production in India, its second-largest production base for the iconic device, sources added, with plans to start producing the latest iPhone 12 series, the company's first 5G smartphones, in the South Asian nation in this quarter. Apple is also increasing production capacity for smart speakers, earphones and computers in Southeast Asia as part of its ongoing diversification strategy, the newspaper added. In Vietnam, Apple is mobilising suppliers to expand production capacity for … [Read more...] about Apple bolsters production shift to Vietnam, India
FPT prevails Covid-19 pandemic with double-digit growth
At home, FPT’s revenue summed up to VND4,805 billion, a slight decrease of 2.6% on-year, yet pre-tax profit still rose approximately 7% to VND267 billion. This was the result of cost reduction, utilising common resources between departments, limiting outsourcing, while increasing cross-selling and designing overall solution packages to help customers overcome difficulties and recover in the pandemic. … [Read more...] about FPT prevails Covid-19 pandemic with double-digit growth
Indian e-newspaper highlights Vietnam’s role in region
Hanoi (VNA) – India’s e-newspaper Times of India on January 26 ran an article about the 13th National Congress of the Communist Party of Vietnam, spotlighting Prime Minister Nguyen Xuan Phuc’s speech at the congress opening. The article quoted the Vietnamese PM as saying that the congress is taking place at a time of complicated regional and international developments and global challenges such as climate change, natural disasters and pandemics. In that sense, Vietnam’s 13th National Party Congress comes at a historic time not only for Vietnam but also for the Indo-Pacific region as a whole, it said, adding that there are multiple challenges and opportunities. Having made tremendous economic progress over the last 15 years, Vietnam’s policy of “Doi Moi” (Renewal) has not only raised prosperity for the Vietnamese people but also significantly bolstered the country’s regional and international position, it said. In fact, most … [Read more...] about Indian e-newspaper highlights Vietnam’s role in region
The “next normal” in business is sustainability
What is Schneider Electric's strategy to be the digital partner for sustainability and efficiency? How can your products help Vietnamese business balance sustainability and efficiency? Schneider Electric continues to develop and roll-out EcoStruxure in Vietnam and other countries in the region, focusing on healthcare, food and beverage, life science, transportation, data centre, and real estate. We integrate EcoStruxure solutions into power grids, energy, buildings, IT, and processes to enable customers to operate and predict what's going on in their installations with the support of automated systems that analyse with AI to promote sustainable orientations. … [Read more...] about The “next normal” in business is sustainability