Supply chain business

Prime Minister Phạm Minh Chính (right) had talks with Intel CEO Patrick Gelsinger on Friday in Hà Nội. — VNA/VNS Photo Dương Giang HÀ NỘI — Prime Minister Phạm Minh Chính applauded Intel’s decision to expand its investment in Việt Nam while receiving its CEO Patrick Gelsinger in Hà Nội on Friday. The PM spoke highly of the US firm’s engagement in the building of a digital economy and society in Việt Nam, which matches Việt Nam’s development priorities as well as the two countries’ relations. He asked Intel to continue investing in Việt Nam in both depth and breadth, noting that the Government is prioritising the investments applying high and clean technology and contributing to the development of digital economic infrastructure and high-quality human resources. PM Chinh also called for Intel to help the country create an ecosystem for innovation and startups, improve labour productivity, and diversify supply chains, adding that the Vietnamese Government is ready to support … [Read more...] about PM welcomes Intel’s investment expansion in Việt Nam

Given net-zero commitments, Vietnam is now at a crossroads to transform routes that benefit both the economy and the environment. Vietnam’s climate commitment at COP26 requires development pathways to ensure the balance of both economy and environment that the United Nations Development Program (UNDP) called reforms. UNDP Resident Representative Caitlin Wiesen at the ceremony held in Quang Ninh Province on May 28. Photos: UNDP Vietnam would need a “Green Climate Doi Moi” to enable a green and inclusive economic rebound from Covid-19 as the country strives for a high-income level by 2045, while safeguarding the natural resources and environment for future generations, Caitlin Wiesen, UNDP Resident Representative, said today. This includes green, climate-resilient approaches to technology, capital markets, supply chains, business models, and the engagement of SMEs in innovation, Wiesen said at a national launching ceremony held on May 28 in response to World … [Read more...] about Vietnam needs “green climate Doi Moi”: UNDP

Apple has been reliant on Chinese manufacturing for over a decade, with analysts estimating that 90 percent of its products are made by contract manufacturers in the country. This reliance has made Apple face considerable risks in ensuring stable supply, the journal said. In the meantime, it added, Apple factories in India have witnessed continuing strong sales. Vietnam and other Southeast Asian countries are ideal destinations for Apple to expand its supply chain. Vietnam currently houses 31 factories producing and assembling electronic parts and equipment for Apple products, such as cameras and screens. According to Wall Street Journal, if Apple’s idea becomes true, manufacturing facilities outside China, including those in Vietnam, would become large-scale production centers of the US tech giant./. VNA … [Read more...] about Apple looks to bump up production in Vietnam