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
11th vietnam manufacturing expo
HEINEKEN Vietnam supports clean water supply in Lai Chau province
The clean water station's ground-breaking ceremony in Khoen On commune by HEINEKEN Vietnam This is the 24th water supply project across the country that HEINEKEN Vietnam has sponsored to support communities in need of clean water with a value of VND300 million ($13 million). Khoen On commune is home to many ethnic minority groups. The people living here are currently using untreated water from nearby rivers or streams. These sources cannot always meet the daily needs of people, especially during the dry season. The water station sponsored by HEINEKEN Vietnam will provide the villagers of Khoen On commune with five wells where they can access water. “This is a very important project for the community in Khoen On commune, Than Uyen district as it helps meet the urgent need for regular access to clean water. We welcome and highly appreciate HEINEKEN Vietnam’s efforts to proactively support the improvement of local infrastructure and hope that more water stations will come … [Read more...] about HEINEKEN Vietnam supports clean water supply in Lai Chau province
Vietnam Former Youth Volunteers’ Association holds third congress
PANO – Vietnam Youth Volunteers’ Association on the morning of December 11th held its third congress in Hanoi (tenure 2015-2019), celebrating the 10th founding anniversary (2004), and receiving the First-class Labor Order. The congress was attended by leaders of the Party, State and people's armed forces heroes, heroes of labor, heroic Vietnamese mothers, leaders of ministries and socio-political organizations. Deputy PM Vu Duc Dam (right) presenting First-class Labor Order to Former Youth Volunteer Association. After 10 years of establishment, the association has admitted around 370 thousand members. It also tried its best to play the role of historical witness and protector of the rights and policies for its members, and promote the "Comradeship" movement in different forms. At the ceremony, Deputy Prime Minister Vu Duc Dam presented the First-class Labor Order to the association as the Party and State’s recognition for the achievements of youth … [Read more...] about Vietnam Former Youth Volunteers’ Association holds third congress
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
Nghe An province must strive to become a leading locality: President
Party General Secretary and President Nguyen Phu Trong (standing) addresses the meeting between the Politburo and Nghe An's officials in Hanoi on March 21 (Photo: VNA) Hanoi (VNA) – Party General Secretary and President Nguyen Phu Trong asked the central province of Nghe An to address all obstacles to become one of the leading localities in Vietnam during a meeting between the Politburo and local officials in Hanoi on March 21. The meeting reviewed the five-year implementation of the 11th-tenure Politburo’s Resolution No. 26-NQ/TW on development orientations and tasks for Nghe An until 2020. Delivering a report at the event, Secretary of the provincial Party Committee Nguyen Dac Vinh said the resolution, issued on July 30, 2013, shows the Politburo’s special focus on Nghe An, creating conditions for development opportunities and momentum that match its potential. The local economy has grown fast and sustainably since then, he said, noting that the gross … [Read more...] about Nghe An province must strive to become a leading locality: President
