Mckinsey consulting company

Hanoi is expected to remain among the nation’s top five localities in attracting foreign direct investment in the near future and therefore demand for office space will remain high, especially among the e-commerce, finance, banking, logistics and information technology sectors, he added. … [Read more...] about HCMC, Hanoi office markets insulated from pandemic impacts

Kuala Lumpur (VNA) - The Malaysian Ministry of Health on January 26 signed term sheet agreements with two vaccine suppliers, Pharmaniaga Lifescience Sdn Bhd (PLS) and Duopharma (M) Sdn Bhd, for the procurement of 18.4 million doses of COVID-19 vaccine. The ministry said in a statement that PLS will supply 12 million doses of COVID-19 CORONAVAC, SARS-COV-2 Vaccine (Vero Cell) Inactivated produced by Sinovac Life Science Co. Ltd, which will be distributed in stages beginning April. Duopharma will supply 6.4 million doses of Sputnik V vaccine, produced by the Gamaleya Research Institute of Epidemiology and Microbiology in Russia. The vaccine is expected to be distributed in stages by end-March 2021, it said. The ministry said for the COVID-19 CORONAVAC vaccine, SARS-COV-2 Vaccine (Vero Cell) Inactivated, each recipient will be given two shots 14 days apart. With the 12 million doses, it expects the immunisation programme to cover 3.2 million people or 18.75 per cent of the Malaysian … [Read more...] about Malaysian health ministry inks term sheet agreements with two vaccine suppliers

Hanoi (VNA) - Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19. Vietnamese companies have proved their capacity in research and development (R&D) and design, according to Chairman of the Vietnam Leather, Footwear and Handbag Association (LEFASO) Nguyen Duc Thuan. Signs show that Vietnam is further penetrating into the leather-footwear supply chain, he said, as the design and R&D processes rake in high added value for products. The domestic supply of materials for the sector now represents 60 percent. Local businesses can take the initiative in producing soles and moulds, as well as packaging and labelling. This is attributable to their activeness in manufacturing materials locally, Thuan added. In particular, the Gia Dinh Footwear JSC has set up industrial clusters to attract investment in … [Read more...] about Footwear sector further penetrates global supply chain

This new investment is in addition to Intel’s $1 billion investment to build a state-of-the-art chip assembly and test manufacturing (ATM) facility in Saigon High-Tech Park (SHTP), first announced in 2006. This takes Intel’s total investment in its Vietnam facility to $1.5 billion. … [Read more...] about Intel injects additional $475 million into Vietnam facility

HCM City (VNA) - Intel had poured an additional 475 million USD into Intel Products Vietnam (IPV), its single-largest assembly and test plant within the Intel Assembly and Test (ATM) network, IPV Chief Financial Officer Alan Danner said on January 27. He made the announcement during a meeting with businesses hosted by Saigon Hi-tech Park (SHTP) in Ho Chi Minh City. This is a new investment following a sum of 1.04 billion USD invested to build a chip assembly and test manufacturing facility at SHTP in 2006, bringing the semiconductor company’s investment in Vietnam to 1.5 billion USD in total. The additional capital was channelled into IPV between June 2019 and December 2020 to bolster the production of Intel’s 5G products, Intel Core processors with Intel Hybrid Technology, and the 10th Gen Intel Core. IPV is an important part of Intel’s production chain across the world, Danner said, adding that the firm will further diversify and improve its activities in … [Read more...] about Intel channels additional 475 million USD into Vietnam