PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14 with more than 2.34 billion shares. (Photo: VNA) HCM City (VNS/VNA) - The Ho Chi Minh Stock Exchange (HoSE) has recently accepted or looks set to accept the listing of three more large-cap companies, but questions remain following a volatile year for the market. The PetroVietnam Power Corporation (PV Power) will debut on the HoSE on January 14, 2019 with more than 2.34 billion shares. On December 28, 2018, the company cancelled the trading of more than 467.8 million shares on the Unlisted Public Company Market (UPCoM). On January 2, the southern market regulator announced it had approved the listing of the country’s largest ceramics and tile producers Viglacera with more than 448.3 million shares and an unknown debut date. National flag carrier Vietnam Airlines recently filed to list all of its 1.4 billion shares on the southern bourse. The company also plans to terminate its listing on the UPCoM … [Read more...] about HoSE listing remains a gamble
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Winners of the first Vietpresso contest receive prizes from the organisers. — Photo courtesy of Central Retail Vietnam HCM CITY — Real Bean Coffee, Trung Nguyên Legend and Lamant Coffee won the gold, silver and bronze prizes at the first Vietpresso Contest held in HCM City last week. Organised by Central Retail Vietnam together with 15 prestigious coffee brands and shops on the sidelines of Vietnam Foodexpo 2019, the competition sought to add value to Vietnamese coffee brands so that more higher-value coffee products can be exported instead of raw materials. Tạ Hoàng Linh, director of the Ministry of Industry and Trade’s Europe - America market department, said while Việt Nam leads the world in robusta coffee exports, the value is not commensurate. Last year, Việt Nam exported 1.88 million tonnes of coffee worth US$3.5 billion, an increase of 20 per cent in volume but only 1 per cent in value. The VietPresso Contest was organised … [Read more...] about First Vietpresso coffee contest held in HCM City
Lenovo Tech World 2019 The annual event, which attracts thousands of partners, customers, and consumers, began with an impressive keynote from Yang Yuanqing, chairman and CEO of Lenovo Group, focusing on smarter life in a connected world. “Over the past two years, we have been trying to imagine what a brighter future in the intelligent era will look like, and now – after all our hard work – we have truly entered the age of intelligence, where data intelligence is powering industry transformation at large,” he said. According to the CEO, smart cities, smart transportation, smart retail, smart finance, and smart healthcare – these transformative technologies are enabling broader accessibility to the government and social services by ensuring that the services provided are equal and as efficient as possible. Focusing on a bold vision to deliver smarter technology for all, Lenovo is developing world-changing technologies that create a more inclusive, … [Read more...] about Lenovo Tech World 2019 explores future for intelligent transformation
Bosch secures steady growth with Industry 4.0 as the main driver “2018 was a year led by high demand for Internet of Things (IoT) and mobility solutions across Southeast Asia. At Bosch, we continue to expand the range of our leading solutions in these domains, by successfully completing several iconic projects and embarking on new initiatives,” said Martin Hayes, president of Bosch in Southeast Asia. “We are also starting to see positive results from previously deployed Industry 4.0 innovations, with highlight projects generating visibility and greater demand for our solutions. In short, our strategic focus on connectivity is paying off.” Bosch employs some 10,000 associates in Southeast Asia, of which 1,380 are working in research and development. Positive impact from Industry 4.0 to drive growth With many earlier regional Industry 4.0 projects now in operation, Bosch anticipates that more companies will follow in embracing the digital transformation … [Read more...] about Bosch captures growth momentum as region embraces connected solutions
The US-China over artificial intelligence is heating up, but some warn the US could be over-reacting. "China is betting on AI and investing in AI and deploying AI on a scale no other country is doing," says Abishur Prakash, a futurist and author of books about the effect of artificial intelligence (AI) on geopolitics. As developments in AI accelerate, some in the US fear that the ability of China's powerful central government to marshal data and pour resources into the field will push it ahead. The country has announced billions in funding for start-ups, launched programmes to woo researchers from overseas and streamlined its data policies. It has announced news-reading robots and AI-powered strategy for foreign relations. Perhaps most alarming to the US are its efforts to incorporate it into its military. In the last few years, Washington has toughened oversight of Chinese investments, banned US firms from doing business with certain Chinese companies and increased criminal … [Read more...] about Is China gaining an edge in artificial intelligence?