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Hanoi (VNA) – Apple is ramping up the production of iPhones, iPads, Macs and other products outside of China, in a sign that the tech giant is continuing to accelerate its production diversification, reported Nikkei Asia. It quoted its sources as saying that iPad production will begin in Vietnam as early as the middle of this year, marking the first time that the world's biggest tablet maker will build a significant number of the devices outside of China. The tech giant is also stepping up iPhone production in India, its second-largest production base for the iconic device, sources added, with plans to start producing the latest iPhone 12 series, the company's first 5G smartphones, in the South Asian nation in this quarter. Apple is also increasing production capacity for smart speakers, earphones and computers in Southeast Asia as part of its ongoing diversification strategy, the newspaper added. In Vietnam, Apple is mobilising suppliers to expand production capacity for … [Read more...] about Apple bolsters production shift to Vietnam, India

Jakarta (VNA) – Indonesian President Joko Widodo said on January 27 that the country is in need of investments that could generate jobs and competitive products in the global market, and it will prioritise environmentally friendly projects to create enduring values. As Indonesia possesses abundant natural resources, and has opportunities to develop industries such as processing and production, the nation should have a good response to the green economy – an evitable trend in the future which helps reduce environmental risks, and improve the efficiency of the use of natural resources. According to the leader, green products and low-carbon emission economy will be the main resources for the country’s development. Currently, Indonesia is joining the global value chain for the development of a green economy. He noted that the COVID-19 has promoted the green and digital transitions of the global economy, holding developing green economy helps countries worldwide … [Read more...] about Indonesia prioritises environmentally friendly projects

HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam

Specifically, many roads in the Northern region into Hanoi have been completed and the Hai Phong - Ha Long - Van Don coastal expressway connecting the Northern City of Hai Phong and the Northern Province of Quang Ninh. Simultaneously, the HCMC - Long Thanh - Dau Giay expressway and the HCMC - Trung Luong have been completed in the Southern region. … [Read more...] about Breakthrough in infrastructure construction nationwide in last years

Singapore (VNA) – Singapore's manufacturing sector was the silver lining of 2020, with the sector posting growth for the full year, according to data released by the Economic Development Board (EDB) on January 26. The sector expanded 14.3 percent year on year last month. Excluding biomedical manufacturing, output grew 19.8 percent. Overall, manufacturing output increased 7.3 percent last year, compared with 2019. The chemicals cluster grew by 12.3 percent year on year last month, with all segments except petroleum recording output growth. But for the whole of last year, the chemicals cluster's output dipped by 1 percent compared with 2019. The precision engineering cluster picked up 11 percent in December, with the machinery and systems segment growing 12.6 percent on the back of higher output of semiconductor equipment and measuring devices. Precision engineering output increased 10.6 percent for the year. General manufacturing output also grew, by 5.9 percent, with … [Read more...] about Singapore: Manufacturing sector silver lining of 2020