Benefit experts

Nearly 6,000 kilometres south of Vietnam, the introduction of lean management concepts at the PT GENTS plant in Bandung, Indonesia have been equally transformational. Lean helped double the capacity at the plant over year in 2019. A single lean line project, for example, generated close to 30 per cent faster component repair cycle to improve on-time delivery and swifter service to customers. It is with this focus that the team was able to successfully deliver the first shipment last October. … [Read more...] about Built on open culture and dialogue, Lean is a game changer for GE

Addressing a ceremony marking the force’s 75th anniversary (February 21) in Hanoi on January 19, PM Phuc stressed that to fulfill the heavy responsibility assigned by the Party, State, Ministry of Public Security, and people, the public security intelligence force needs to be well aware of the situation and their tasks while closely following and effectively serving the Party and State’s leadership and governance. … [Read more...] about VIETNAM NEWS JANUARY 20

However, tough challenges are ahead for the city’s industry and trade sector. They come from the curtailment of industrial production as most of the large production facilities move out of the central city, and limited investment in high-tech industry and weak development of supporting industry. Besides, attracting investments in local industrial parks is not an easy task since industrial land leasing costs in Hanoi are higher than those in localities in the vicinity such as Ha Nam, Hoa Binh and Hung Yen. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 20

Hanoi (VNA) – France's news agency AFP on January 20 published an article on how tourism has been developed in and benefited local community around Vietnam’s Son Doong, which has been dubbed the world’s largest cave. According to the article, located in the central province of Quang Binh’s Phong Nha-Ke Bang National Park – the World Heritage site, Son Doong was first discovered by local forager Ho Khanh in 1991, when he stumbled upon an opening in a limestone cliff and heard the sounds of a river deep inside. But after returning home through the thick surrounding jungle, Khanh forgot where the hidden entrance lay, and it stayed lost for another two decades. When he eventually led a team of British experts back there in 2009, the team found it had the largest cross-section of any cave anywhere on the planet. It is large enough to house the 40-floor skyscrapers of an entire New York City block, according to adventure tour company Oxalis, which guides … [Read more...] about Tourism on track in the world’s largest cave: AFP

The stable macroeconomy is the fundamental factor for the recovery and strong rise of the stock market. There are many ‘bright spots’ in the economy, including high export growth rate, record high trade surplus and curbed inflation. Tuan attributed the sale-off to convergence in psychology in front of the important 1,200 point resistance threshold and the accumulated margin. The 1,200 point threshold has become a firm resistance threshold three times. … [Read more...] about Stock market plummets, $10 billion lost