Foxconn will manufacture and outsource tablets and laptops at this factory, with a scale of more than 8 million items per year. The project with a total investment of US$270 million is expected to come into operation in the third quarter of 2022. According to the Ministry of Planning and Investment, this $270-million project is just the beginning of the following equally impressive plans of Foxconn. By December last year, Foxconn had invested in Vietnam US$1.5 billion. This year, the company plans to add $700 million and recruits 10,000 new workers. On the same day, the People's Committee of Bac Giang Province also granted investment registration certificates to three other projects. They were the project of Ja Solar PV Vietnam photovoltaic cell technology of Hong Kong’s investor Ja Solar Investment Limited, Risesun New Material Vietnam Factory project, and Kodi New Material Vietnam Factory project of Singapore’s Risesun Investment Pte. Ltd. The total investment capital of … [Read more...] about Vietnam needs high-quality human resources to keep giant investors
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Ford recognised for leadership in corporate sustainability
Since 2000, Ford’s annual sustainability report has tracked the company’s wide-ranging approach to and significant achievements in corporate social responsibility related to climate change, water conservation and air quality, among other issues. — VNS … [Read more...] about Ford recognised for leadership in corporate sustainability
The “next normal” in business is sustainability
Eric Leger, senior vice president, Global Marketing, International Operations at Schneider Electric With the world entering the next normal, the role of technology and digitisation is becoming more pronounced and is becoming a priority for businesses and organisations. How will it help businesses in the region enhance their competitiveness from an energy management perspective? Energy demand, particularly in Asia, has and will continue to increase significantly in the coming years. To sustain this rapid expansion of the economy while adapting to the new normal brought about by COVID-19, digitisation is the solution. Asia will need new energy solutions and strategies. Technology and innovation are required for achieving far greater energy efficiency. … [Read more...] about The “next normal” in business is sustainability
Japanese man plans ‘ecological utopia’ for Vietnam
The project is based on a five-pillar approach to creating a utopian community: organic farming using sustainable development practices, organic restaurants and cafés, care centers for the elderly, education for children, and the combination of local volunteer opportunities and cultural centers for learning. … [Read more...] about Japanese man plans ‘ecological utopia’ for Vietnam
Finance sector contributes decisively to national achievements: Official
Over the next five years, the sector will focus on completing and synchronously implementing policies on pricing, State finance, corporate finance, accounting, auditing, administrative reform, applying achievements from the Fourth Industrial Revolution, and allocating financial resources in accordance with market signals. The sector will also give priority to attracting foreign investment, shifting from extensive investment to intensive investment, and fully implementing previous and new free trade agreements. Dung said the finance sector will effectively implement the principle of spending within financial capacity and borrowing within repayment ability, and work to complete a database on revenues, expenditures, public debts, and public assets, while improving the efficiency of public financial management and administration at both the macro and micro scale, and promoting openness and transparency, as well as intensifying the fight against corruption and wastefulness. The … [Read more...] about Finance sector contributes decisively to national achievements: Official