The talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR reviewed the trends of digital transformation and automation in Vietnam’s manufacturing sector At the talk show Digital transformation with 5G – The Path to Smart Factories in Vietnam hosted by VIR , Seck Yee Chung, member of the Steering Committee of the Vietnam Business Forum's Digital Economy Working Group said, “Companies from different industries have to adapt to new technologies to compete and survive. However, adaptation is not an easy process. I suggest companies can focus on the four As, which include awareness, accessibility, adaptation, and advancement." Chung added, “One of the challenges right now is knowledge. There are so many technologies and so many new exciting opportunities. You see it but where do you start. That is the stage where you are required to assess your needs to see what is critical and who can help you. Small and big companies may struggle to deal … [Read more...] about A more connected manufacturing sector through smart applications
Petrovietnam power corporation pv power
Shares close the week in negative zone
PV Gas's Cà Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hùng HÀ NỘI — Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Hồ Chí Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; … [Read more...] about Shares close the week in negative zone
Shares close the week in negative zone on low liquidity
PV Gas's Ca Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. — VNA/VNS Photo Huy Hung Shares lost rising momentum in the last trading minutes on Friday as divergence continued to expand to the whole market. The VN-Index on the Ho Chi Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; Petrolimex (POW) … [Read more...] about Shares close the week in negative zone on low liquidity
BAEMIN extends sustainable green journey in Vietnam
BAEMIN in the Republic of Korea is the first-ever delivery app to receive an AAA rating (the highest rating) following the United Nations Guidelines for Reducing Plastic Waste & Sustainable Ocean and Climate Action Acceleration (UN GRP). BAEMIN has been successful in implementing a number of green projects to influence the stakeholders and help them change their behaviours since the very early days One of the highlight examples includes the in-app options “No disposable cutlery, please” and “No side dish, please” for users that aim to reduce food and plastic waste whilst saving costs for the merchants. BAEMIN has also installed collection robots in Asan city to collect plastic container lids and used AI technology to determine if they can be recycled and transformed to some higher value materials. Another highlight project is the close partnership with merchants to amplify outstanding case studies and the organisation of courses on eco-friendly practices. Public-private … [Read more...] about BAEMIN extends sustainable green journey in Vietnam
Vietnam, South Korea eye Comprehensive Strategic Partnership
Vietnam is a centerpiece of South Korea’s New Southern Policy (NSP). Vietnam and South Korea consider upgrading the relations to Comprehensive Strategic Partnership after three decades of diplomatic ties which have gained fruitful multisectoral achievements. Vietnamese Deputy Prime Minister Pham Binh Minh speaks at the event held in Seoul on June 23. Photos: VNA Vietnamese Deputy Prime Minister Pham Binh Minh gave remarks on the occasion of the 30 th founding anniversary of Vietnam-South Korea diplomatic relations (1992-2022). The two countries have become leading partner with each other, mostly in trade and investment, with South Korea being the biggest investor in Vietnam with large-scale investment projects, contributing to creating global supply chains in Vietnam, Minh said in a recorded video at the 30th Global Maekyung Forum held in Seoul on June 23. To enhance the ties, Minh suggested focusing on science-technology and innovation; digital and … [Read more...] about Vietnam, South Korea eye Comprehensive Strategic Partnership
World’s first zero-emission boat visits HCM City
Energy Observer on the Saigon River, HCM City. — Photo from Toyota HCM CITY — Energy Observer – the world’s first hydrogen-powered, zero-emission vessel that is self-sufficient in energy – continues its journey in Southeast Asia, with the 73rd stopover of its round-the-world Odyssey being in HCM City, Việt Nam. Arriving in the Vietnamese southern hub on June 22, the crew plans to present the ship's autonomous zero-emission system to several hundred visitors, decision-makers, students and school children in collaboration with the French Consulate in the city. Setting sail from its port of registry of Saint Malo in 2017, Energy Observer has already covered over 50,000 nautical miles, made 72 stopovers, 16 of which have been with its travelling pedagogical village, and visited over 40 countries. Born out of a legendary catamaran whose many accolades include being the fastest sailboat around the world with Sir Peter Blake, Energy Observer is a laboratory for ecological … [Read more...] about World’s first zero-emission boat visits HCM City
Vietnam becomes major supplier of farm produce to UK
Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Vietnam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the UK are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual agreement to … [Read more...] about Vietnam becomes major supplier of farm produce to UK
Vietnamese club make strong comeback in AFC Cup opener
Even when missing captain and defender Bui Tien Dung, Viettel’s squad power is still considered stronger than the opponent. The capital club showed domination right in the first minutes with consecutive shots from striker Geovane Magno. However, it was Young Elephants who scored first with a tap-in from Bounphachan Bounkong in the 6th minute. Conceding early affected the mentality of Viettel players as in the next 30 minutes, they created many chances but couldn’t convert them. Pedro Paolo missed two one-on-one chances against the opponent’s keeper while midfielder Nguyen Duc Hoang Minh got two comfortable tap-ins but he didn’t hit the target. However, it didn’t take long before Viettel equalized. Magno took a shot which forced the keeper to punch it out, but Paolo was quick to get a bicycle kick and scored. The equalizer took off the pressure from Viettel players and they got another goal from Paolo. This forward also assisted the third goal, which was scored by Hoang Minh. The … [Read more...] about Vietnamese club make strong comeback in AFC Cup opener