Industry 4 0 supply chain

Can Van Luc, chief economist and president of the Training and Research Institute at BIDV, claims that NDTLs play an important role in the finance supply chain. However, solutions are mainly provided by commercial traditional banks, as NDTLs such as finance companies have not yet entered the market. … [Read more...] about Non-bank lending an emerging solution

In Vietnam, a typical example of an uncomfortable building is the 37-storey Danang Administrative Centre. Despite huge investment and a budget of up to VND2 trillion ($86.95 million), after only three years in operation the building has encountered many problems such as lack of air and intensive heat, which have seriously affected the health of more than 1,200 employees working there. … [Read more...] about Sustainable buildings fit for tomorrow

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

The company was in the beginning distributing machinery and equipment and furniture, but it was steel that ultimately took it to dizzy heights. Hoa Phat had a 32 percent share of Vietnam’s steel market as of August 2020, making it the biggest player in the industry, according to the Vietnam Steel Association. … [Read more...] about The giddy rise of Vietnam’s steel billionaire

The European Union is the world’s second largest importer of goods with annual import value reaching almost US$2.34 trillion. Prior to August 1, 2020 when the EVFTA took effect, Vietnam accounted for only two percent of the EU’s import value, and only 42 percent of all Vietnamese exports to the EU enjoyed a zero percent tax in accordance with the Generalized System of Preferences (GSP). The EVFTA will gradually zero out most tax lines on Vietnamese exports and greatly help Vietnam increase exports to the EU. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery