Guiding the digital transformation of organizations

Here in Vietnam, we are also planning to invest in various smart initiatives, partnering with other Swedish companies as well as our mobile operator customers. Our ambition is further sharpened by the expectation that over two-thirds of global manufacturers will relocate to Asia-Pacific by 2025, with Vietnam clearly attracting a high number of these manufacturing opportunities. At Ericsson, we will support Vietnam in becoming a regional and global smart manufacturing hub. … [Read more...] about Smart manufacturing for accelerated digitalisation

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

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc asked experts to study to seek a new driving force for development during a working session with the National Advisory Council on Financial and Monetary Policies and the economic advisory group on January 19. … [Read more...] about PM asks experts to study new driving force for development

An aerial view of part of HCMC. HoREA has called on real estate enterprises to develop low-cost housing projects to quelch the thirst for budget homes - PHOTO: V.DUNG HCMC – The HCMC Real Estate Association (HoREA) has called on local real estate enterprises to develop commercial housing projects for medium- and low-income earners and social housing projects due to a severe shortage of such products in the city. … [Read more...] about HoREA calls on firms to develop low-cost housing projects

The government has adopted many important and effective support packages. If new stimulus packages continue to be launched, it will lead to overlapping in policy implementation. What needs to be done now is to observe market developments, catch up with consumer habits and trends, and devise appropriate solutions and strategies. … [Read more...] about Additional stimulus packages may be needed to support the economy