ABB Electrification Innovation Day featured solutions that help customers embrace the power of digitalization to improve energy consumption, optimize performance and operation, and contribute to a lower carbon future. The event attracted about 200 leaders from consulting, EPC, real estate, and industrial companies. Digital solutions enable customers to efficiently maintain and manage a charging network Vietnam is considered one of the most dynamic and stable countries in Southeast Asia. The increasing population, a rising appetite for goods and services, rapid urbanization, and growing economic activities in industrial and service sectors are exerting increased pressure on energy supplies in Vietnam. Its electricity demand is forecast to increase at a high rate over the coming years with 8.5 percent per year for the 2021-2030 period. Meanwhile, the rising cost of energy is one of the biggest challenges facing businesses today. Therefore, availability of adequate and … [Read more...] about ABB Electrification Innovation Day highlights the keys to a sustainable Vietnam
Electric power generation companies
Vietnam’s retail and consumer segment: Opportunity for leading market enterprises
Vietnam’s retail and consumer sector might be booming, but analytics companies are quick to note that only a few large-scale consumer corporations are leveraging its potential thanks to their impressive, targeted strategies. Vietnam on track to enter world’s top ten consumer markets After more than two years of stunted growth due to the COVID-19 pandemic, analysts are reporting a bright outlook for the Vietnamese economy. Retail sales growth in Vietnam accelerated from 1.7 percent year on year in the first two months of 2022 to 10.4 percent in March and 12.1 percent in April. The consumer sector accounts for about two-thirds of Vietnam’s GDP, and its recovery plays an important part in the recovery of the economy as a whole. VinaCapital, one of Vietnam’s largest investment and asset management firms, forecast Vietnam’s GDP to increase by 6.5 percent in 2022. Multinational banking and finance institution HSBC sees eye-to-eye with VinaCapital, predicting that the consumer … [Read more...] about Vietnam’s retail and consumer segment: Opportunity for leading market enterprises
Agri-tourism: Mekong Delta targets two birds with one stone
Agri-tourism will be a dominant tourism trend in the Mekong Delta. VNA/VNS Photo HCM CITY — Ecotourism, especially agri-tourism will be a dominant trend as the Mekong Delta strives to develop its tourism industry, experts say. At the second forum on tourism connections between HCM City and the 13 Mekong Delta localities held on Friday, May 20, in Đồng Tháp Province, experts also said that stronger coordination was necessary to better tap the region’s natural strengths. Hà Văn Siêu, deputy general director of the Việt Nam National Administration of Tourism, said the Mekong Delta has a lot of potential and resources to develop agricultural tourism products. In recent years, its tourism cooperation programme with HCM City has opened up multiple opportunities for investment and innovative startups that have led to the creation of a variety of agricultural tourism products, he said. In developing such products, “we need to focus on the three … [Read more...] about Agri-tourism: Mekong Delta targets two birds with one stone
Navigating supply chain operations in the new normal
Peter Nguyen, co-founder of thuocsi.vn Thuocsi.vn is a B2B platform for healthcare and pharmacy, supplying different types of healthcare and pharmaceutical products in Vietnam. During the pandemic, we experienced supply chain disruptions both at home and abroad. The company had to temporarily close if there was just one infection. Indeed, several distributors and suppliers of important drugs for Vietnamese customers have encountered a lot of disruptions. Fortunately, we have set up our own warehouses in Hanoi and Ho Chi Minh City to respond quickly to the situation. When the cities were locked down, we still managed to transport products from Ho Chi Minh City to Hanoi in one night. Our plan is to find some more warehouses in the southern area. In particular, we will develop smaller distribution centres in close proximity to customers. This will help streamline our operation as well as reduce the delivery time to only 1-2 days. Nelson Wu , CEO of BEST Inc . … [Read more...] about Navigating supply chain operations in the new normal