Apple is in talks to make Apple Watches and MacBooks in Viet Nam. — Illustration Photo Apple is in talks to make Apple Watches and MacBooks in Viet Nam for the first time as the US tech giant looks to diversify production away from China, Nikkei Asia reported. According to the newspaper, Apple suppliers Luxshare Precision Industry and Foxconn have started test production of the Apple Watch in northern Viet Nam with the aim of producing the device outside of China. Regarding the production of the MacBook, Apple has asked suppliers to set up a test production line in Viet Nam. However, progress in moving mass production to the country has been slow, partly due to pandemic-related disruptions. Viet Nam is already Apple's most important production hub outside of China, producing a wide range of flagship products for the American company, including iPad tablets and AirPods earphones. According to industry experts, the Apple Watch is even more sophisticated because many … [Read more...] about Viet Nam to make Apple Watch, MacBook for first time
Taiwanese tech giant
Musk targets ad tech firms in Twitter suit over takeover deal
Twitter has sued the Tesla chief executive, who has accused Twitter of hiding information about how it calculates the percentage of bots on the service, for attempting to walk away from the $44 billion agreement. A trial is scheduled for Oct. 17. Musk's lawyers have subpoenaed both Integral Ad Science (IAS) and DoubleVerify for any documents or communications on their involvement in reviewing accounts or participation in any audit of Twitter's user base. IAS and DoubleVerify, which are both based in New York, use technology to independently verify that digital ads are viewed by real people. Advertisers use the services to ensure the ads they pay for are seen by potential customers and not automated bots. Twitter, IAS and DoubleVerify did not immediately respond to requests for comment. In response to a tweet by a user who questioned how Twitter audits its service and also linked to a Reuters story on Musk targeting the ad firms, Musk tweeted: "Those are the questions that … [Read more...] about Musk targets ad tech firms in Twitter suit over takeover deal
☀️ Morning digest on August 18
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - Party General Secretary Nguyen Phu Trong has called for work to be accelerated to perfect the Party and political systems, socio-economic management, and the fight against corruption and negative behaviours. Party General Secretary Nguyen Phu Trong speaks at the meeting. (Photo: VNA) Chairing the 22nd meeting of the central steering committee for corruption and behaviour prevention and control in Hanoi on August 17, Trong also requested the submission of regulations regarding power control to the Politburo for approval towards fighting corruption in inspection, supervision, Party discipline enforcement, audit, investigation, prosecution, trial and enforcement of judgments, law-building, use and management of public finances and assets, and press and media activities. Read full story - President Nguyen Xuan Phuc has said that Vietnam wants to cooperate with Israel in … [Read more...] about ☀️ Morning digest on August 18
Danish seminar shares agicultural experience with Vietnamese firms
Pork is processed at a Vinh Anh Food factory. Food safety SSC is a Danish-Vietnamese partnership tasked with improving food safety in the Vietnamese pork value chain. — VNA/VNS Photo About 135 Danish firms have opened branch offices in Viet Nam so far and the firms are actively contributing to the growth of various sectors including agriculture, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien. The deputy minister was speaking at the seminar "Danish experiences and solutions in sustainable agri-food production" on August 17. Tien underscored Denmark as one of the leading countries in agriculture and sustainable development. Denmark's experiences, he believed, would help Vietnamese firms speed up on the road to high-tech and climate-smart agriculture. Sanne Hoj Andren, Sector Counsellor for Agri-Food at the Embassy of Denmark, revealed that strategic sector cooperation (SSC) is a partnership between Danish public authorities and Vietnamese … [Read more...] about Danish seminar shares agicultural experience with Vietnamese firms
Introducing ‘infinity sea’ in Thai Binh Province, northern Vietnam
A beach in Thai Binh Province, northern Vietnam has recently emerged as a new hotspot for photographers in search of stunning scenery thanks to its still water that reflects the morning sun into limitless space. The magnificent beach in Thuy Xuan Commune, Thai Thuy District, Thai Binh Province has been dubbed the 'infinity sea' by locals and netizens thanks to its still water that reflects light like a giant mirror. The beach, which sits approximately 120 kilometers from the heart of Hanoi, can be accessed via motorbike, car, or passenger bus. Locals hunt clams at Thuy Xuan Beach, Thai Thuy District, Thai Binh Province, northern Vietnam. Photo: Doan Ngoc Anh / Tuoi Tre By private car, the best route to the beach is: Hanoi - Hai Phong Highway or National Highway 5B - National Highway 10 - Street 25 - Provincial Road 354 - National Highway 37 - Provincial Road 461 - Thuy Xuan. The best time to visit the beach is during sunrise, meaning visitors should plan to … [Read more...] about Introducing ‘infinity sea’ in Thai Binh Province, northern Vietnam
Luxury sneakers may be a step too far for cash-strapped Gen Z
SHANGHAI/PARIS -- From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational" purchases. Executives are troubled in particular by a hit to young Chinese shoppers, not only because mainland China has been a major driver of the industry's growth in recent years, but also because high end consumers in the world's second-largest economy are a decade younger than the global average of 38. Young adults around the world have been "a very strong factor of luxury growth over the past decade," said Gregory Boutte, chief client and digital officer at Gucci-owner Kering. Data this week showed China's economy slowed unexpectedly, prompting a central bank rate cut, while macroeconomic trends are disproportionately impacting the extra funds that those born between 1996 and 2012 might use to enter the world of luxury. Whereas in North America and Europe, inflation and … [Read more...] about Luxury sneakers may be a step too far for cash-strapped Gen Z
HCMC to host Vietnam-Taiwan textile-garment industry show
A Vietnam-Taiwan textile and garment industry exhibition will open on August 23 in Ho Chi Minh City. (Photo: Vinexad) The event is jointly held in both in-person and virtual forms by Taiwan Textile Federation (TTF) and the Vietnam National Trade Fair and Advertising Company (Vinexad), A Vinexad representative said around 60 Vietnamese garment makers and exporters and 13 Taiwanese textile producers, including those already operating factories in Vietnam, will participate in the event. Vietnamese enterprises hope to seek suppliers capable to meet their needs for quality fabric in making garment for the domestic market and export at the event. There will be nearly 150 B2B meetings in the framework of the exhibition. In the first seven months of this year, Taiwan exported US$5.55 billion worth of textile and garment products, with shipments to Vietnam alone valued at US$1.48 billion, mostly fabric. Vietnamplus … [Read more...] about HCMC to host Vietnam-Taiwan textile-garment industry show
Danish seminar shares agricultural experience with Vietnamese firms
The deputy minister was speaking at the seminar "Danish experiences and solutions in sustainable agri-food production" on August 17. Tien underscored Denmark as one of the leading countries in agriculture and sustainable development. Denmark's experiences, he believed, would help Vietnamese firms speed up on the road to high-tech and climate-smart agriculture. Sanne Hoj Andren, Sector Counselor for Agri-Food at the Embassy of Denmark, revealed that strategic sector cooperation (SSC) is a partnership between Danish public authorities and Vietnamese ministries. The two countries have SSC in four areas comprising education, health, food safety and statistics. The overall objective of the food safety SSC is to improve feed quality and food safety in Vietnam's pork value chain. To that end, Danish authorities have been assisting Vietnamese partners in pork origin-tracing, controlling veterinary medicines, controlling food safety in meat processing and capacity building in risk-based … [Read more...] about Danish seminar shares agricultural experience with Vietnamese firms
International conference on life science held in Quy Nhon City
Prof. Tran Thanh Van, Chairman of the ‘Rencontres du Vietnam’ Association, shared that this 3-day conference presents 240 scientific reports, 14 of which are of leading doctorates and professors in the world in the field of life science. The keynote speaker of the conference, Prof. David Jackson from the US, delivered his speech named ‘Using CRISPR Genome Engineering to Enhance Crop Yield Traits’, revealing interesting information on signaling pathways in plants as well as obscured factors by genetic redundancy. Another important speech is of Prof. Michio Tanaka from Kagawa University in Japan. He discussed ‘Revolutionary Light Sources for Orchid Micropropagation and Acclimatization’, aiming at optimizing the process of hi-tech plant cultivation. Conference participants are going to discuss on interesting topics of the cell aging mechanisms to improve general health and longevity, the treatments for Staphylococcus aureus infection on humans and animals, the latest technologies in … [Read more...] about International conference on life science held in Quy Nhon City
Foxconn plans to pour additional $300 million into a new factory in Vietnam
Saigon-Bac Giang Industrial Park Corporation, a subsidiary of Kinh Bac Urban Development Corporation, has signed an MoU with Foxconn to lease 50.5 hectares of land in Quang Chau Industrial Park in Bac Giang province. Foxconn wants to develop a new project with a total investment of more than $300 million, which will create 30,000 jobs for the local workers. In April 2021, Foxconn announced to invest an additional $700 million to expand its production scale with a view to generating export revenue of $10 billion dollars per year. Foxconn is currently the most significant foreign company in Quang Chau Industrial Park with a total leased area of almost 70ha. The group has a total registered investment capital of $773 million. Foxconn earned a revenue of $3 billion and $6 billion respectively in 2019 and 2020. According to Nikkei Asia , Apple suppliers Foxconn and Luxshare Precision Industry have started test production of the Apple Watch in northern Vietnam to produce … [Read more...] about Foxconn plans to pour additional $300 million into a new factory in Vietnam