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Compared to silicon, the use of silicon carbide-based power solutions enable faster, smaller, lighter and more powerful electrical systems for a wide range of industrial applications. The new silicon carbide modules maximize power density while simplifying designs in a standard form factor to significantly accelerate the production and rollout of next-generation technology for a wide range of rapidly growing industrial markets, including off-board charging and solar energy solutions. The offering bridges the gap between single die discrete components and high-ampacity module solutions, giving today's design engineers a wide breadth of portfolio options for design requirements using Wolfspeed silicon carbide. … [Read more...] about Cree Delivers Industry Leading Efficiency to Electric Vehicle Fast Charging and Solar Markets with New Silicon Carbide Power Module Portfolio

Hanoi (VNA) – The Foreign Ministry held an annual meeting with the press at the Government Guesthouse in Hanoi on January 19, praising press agencies and reporters nationwide for their contributions to achievements made by the diplomatic sector in the past year. Speaking at the event, Deputy Prime Minister and Foreign Minister Pham Binh Minh said the sector scored important achievements amid difficulties caused by the COVID-19 pandemic. He said Vietnam successfully accomplished the roles as ASEAN 2020 Chair, Chair of the 41st General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-41) and a non-permanent member of the United Nations Security Council (UNSC) for the 2020-2021 tenure.  Vietnam actively led and coordinated regional efforts to overcome challenges and achieve successes in building the ASEAN Community, effectively coped with the pandemic, flexibly held over 550 online meetings, and adopted a record number of documents in a year, he said. During the … [Read more...] about Foreign Ministry hails press agencies’ contributions

The increasing threat of cyber attacks on financial service providers is driving a major focus on cybersecurity, particularly in banking. In 2020 alone, hundreds of billions of Vietnam dong have been appropriated relating to banking cyber security mostly hacking bank users’ one-time password (OTP) security. … [Read more...] about Vietnam loses over US$1 billion due to cyber virus in 2020

Hanoi (VNA) - Vietnam’s 2021 GDP growth is projected at 5.49 percent in the normal scenario, 6.9 percent if the current situation gets better, and 3.48 percent in the worst-case scenario, according to the Vietnam Institute of Economics under the Vietnam Academy of Social Sciences (VASS). The real growth rate will depend on the world economic situation and the capacity to absorb FDI, the “Vietnam Economic Overview 2020: Promoting innovation-based economic growth” conference held by the institute on January 19 heard. VASS President Bui Nhat Quang said the COVID-19 pandemic strongly affected economic growth around the world in 2020, with most major economies posting contractions. Vietnam, however, achieved the twin targets of disease prevention and socio-economic recovery and development. It posted economic growth of 2.91 percent, the lowest since 1986, when its “renewal” process began, but higher than the figure posted in many other countries in the … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute

Da Nang is applying social distancing measures, and each citizen and enterprise must comply with the recommendations for pandemic prevention and control. In the current context, enterprises need to devise solutions to protect their workers who are an important resource for continued trade and production activities. The government has also adopted an interest-free loan package for a maximum duration of 12 months to pay employees in enterprises affected by the Covid-19 pandemic. … [Read more...] about Additional stimulus packages may be needed to support the economy