New york giants record

The Ministry of Planning and Investment (MPI) reported last week by the Vietnam Electronic Industries Association (VEIA) that Apple has moved 11 factories from Chinese businesses in the supply chain to Vietnam, while other assemblers like Foxconn, Luxshare, Pegatron, and Wistron are ramping up production capacity in Vietnam. Do Thi Thuy Huong, general secretary of the VEIA, said that the electronic components manufacturing industry of Vietnam has its own advantages for those looking to relocate supply chains out of China to neighbouring countries. “A number of high-tech groups have been cultivating their projects in the northern provinces of Bac Ninh and Bac Giang, and they will also do the same in some other potential localities,” Huong said. Last week Sandeep Mehta, president of India’s Adani Ports & SEZ, announced on behalf of Adani Group that it would pour $10 billion into Vietnam. It is part of a $100 billion package that Adani Group would like to invest overseas. … [Read more...] about Electronics giants leading foreign investment bounce

Nhập mô tả cho ảnh Jakarta (VNA) – The Agreement on the Indonesia- United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (IUAE-CEPA) is expected to boost trade and Indonesia’s investment performance with Gulf and Middle Eastern countries. The trade deal was signed by Indonesian Minister of Trade Zulkifli Hasan and Minister of Economy of the UAE Abdulla bin Touq Al Marri on July 1, on the sidelines of President Joko Widodo's working visit to Abu Dhabi. The Indonesian President positively welcomes the completion of the IUAE-CEPA, said Trade Minister Hasan in a statement. This agreement is Indonesia's entry point to the UAE, which is a hub for increasing exports to non-traditional destination countries, such as the Gulf, Middle East, Africa, and South Asia. The signing of the I UAE -CEPA is also a historic moment, as it is the first time that Indonesia has a trade agreement with a country in the Gulf region. He said he hopes that when the IUAE-CEPA … [Read more...] about New trade deal expected to boost Indonesia’s exports to Middle East

Global tech giant Google is in the process of considering moving orders for future phones to Vietnam in an effort to avoid risks posed by ongoing trade tensions between the United States and China, as well as China's COVID-19 lockdown, newspaper DigiTimes of Taiwan (China) reported. Google's Pixel 7 smartphone The Taiwanese media outlet cited sources from the upstream supply chain as saying that the US-based tech firm originally planned to produce its smartphones in Vietnam. However, it ultimately decided to keep its production in China due to a combination of the pandemic coupled with the strong support provided by Chinese supply chains. However, DigiTimes assessed that the strict COVID-19 lockdowns implemented by the northern neighbour have prompted the company to reconsider its view. According to figures compiled by Canalys, Google has seen robust demand for its Pixel 6 in the North American market, with the smartphone's shipments reaching around 1.2 … [Read more...] about Google ponders moving smartphone production from China to Vietnam

The 15th meeting of the National Steering Committee for COVID-19 Prevention and Control on July 5 (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh chaired the 15th meeting of the National Steering Committee for COVID-19 Prevention and Control on July 5 amid the appearance of the BA.5 sub-variant of Omicron . Opening the teleconference with the 63 localities nationwide, PM Chinh, who is also head of the committee, pointed out that the pandemic remains unpredictable around the world with the emergence of the BA.5 sub-variant of Omicron in many countries. In Vietnam, after the pandemic was brought under control nationwide, some have lowered their guard, especially in vaccination, while authorities have shown slackness in examination. Meanwhile, the country still has to fight against other disease outbreaks and care for people’s health amid the shortage of medicine and medical supplies, he added. Since the start of 2022, Vietnam has recorded over 9 million infections … [Read more...] about COVID-19 infections with BA.5 sub-variant may increase: committee

The Vietnamese Ministry of Health on Tuesday reported an additional 989 Covid-19 infections, raising the country's total tally to over 10.75 million. a Illustrative photo According to the ministry's report, most of the new patients are locally-transmitted cases confirmed in 43 out of 63 localities in the country. As of Tuesday evening, the number of Covid-19 patients in Vietnam has increased to over 10.75 million. On July 5, an additional 9,759 more patients recovered from the disease, raising the number of recoveries in the country to over 9.72 million. On Tuesday evening, one death related to Covid-19 was recorded, raising the total fatalities to 43,089, accounting for 0.4 per cent of total infections. By July 4, the country had injected more than 233 million doses of Covid-19 vaccines, including over 8.39 million given to children aged 5 to 11. Speaking at a Monday meeting, deputy minister of health Nguyen Thi Lien Huong said that the … [Read more...] about Covid-19 caseload rises to over 10.75 million in Vietnam

The request on Tuesday from Senator Mark Warner, a Democrat, and Republican Marco Rubio followed a Buzzfeed report saying the short video app permitted TikTok engineers and executives in China to repeatedly access private data of U.S. users. The senators said such access raised questions over TikTok's claims to lawmakers and users that the data was protected. "In light of repeated misrepresentations by TikTok concerning its data security, data processing, and corporate governance practices, we urge you to act promptly on this matter," the senators wrote FTC Chair Lina Khan. TikTok said Tuesday that access to data "is subject to a series of robust controls, safeguards like encryption for certain data, and authorization approval protocols overseen by our U.S.-based leadership/security team." The company responded to the senators' letter by reiterating "TikTok has never shared U.S. user data with the Chinese government, nor would we if asked." The FTC confirmed it had received … [Read more...] about Two senators call for FTC probe into TikTok over U.S. data access