This file photo taken on May 27, 2019 shows a photographer taking pictures in front of the logo for British chip designer ARM in Taipei. Japan's SoftBank Group said on September 14, 2020 it is selling British chip designer Arm to US chip company NVIDIA for up to 40 billion USD, potentially creating a new giant in the industry.(photo: Sam YEH / AFP) If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of the semiconductor sector. … [Read more...] about SoftBank Group selling Arm to NVIDIA for up to $40 billion
Implementing Action Programme 33 of the provincial Party Committee’s Standing Board on the implementation of Directive 40 of the Party Central Committee on strengthening the Party leadership over social policy credit, the authorities of districts, towns and cities across the province has paid attention to allocating capital from the Vietnam Bank for Social Policies for poor people and policy beneficiaries.social policy credit has significantly contributed to narrowing the gap between rich and poor, reducing unemployment, fulfilling criteria for building new rural areas, and playing an important role in stabilising and developing the local economy. Especially, outstanding loans for ethnic minority households have so far reached 337 billion VND. … [Read more...] about When the Party’s Directive 40 spreads in life!
Illustrative image (Photo: Internet) Dong Nai – The southern province of Dong Nai is striving to attract 5-6 billion USD in foreign direct investment during the 2021-2025 period, and about 6-7 billion USD during 2026-2030. … [Read more...] about Dong Nai targets 5-6 billion USD in FDI during 2021-2025
The drug market is described as "the goose that lays golden eggs" because of its promised high profits. Nikkei reported that the Japanese drug chain Matsumotokiyoshi Holdings is planning to expand business to Vietnam. The company said the activities in Vietnam would be carried out in cooperation with the HCM City-based Lotus Food. … [Read more...] about Drug retailers in fierce compettion for bigger share of $16 billion market
The dollar was recently under pressure to depreciate against other currencies while August was the peak month of Vietnam’s exports, leading to stable supply and demand of the foreign currency in Vietnam, according to the SSI Securities Corporation. … [Read more...] about Vietnam’s forex reserves at all-time high of $92bn: gov’t