Economy
Economic Uncertainties Continue to Plague Pakistan and GDP Growth Projected to be Less than 2 Percent
Amid an uncertain economic outlook with high downside risks, the private sector’s participation in economic growth remains unnoticeable as it is not borrowing from banks for business expansion.
Economy
Vietnamese Furniture Products Stand out at Milan Design Week
The Vietnam pavilion at the Milan Design Week is inspired by "Saigon Urban," displaying sophisticated furniture and fine arts products, demonstrating dynamism, creativity, colorfulness and cultural diversity.
Economy
Economic Promotion and Exchange in Thai Nguyen Connects Vietnamese, RoK Businesses
The program aims to enhance the relationship between Vietnam in general and Thai Nguyen province in particular with the RoK, creating opportunities for cooperatives, cooperative alliances, and enterprises of Thai Nguyen and the RoK to have a platform for exchange, connection, and product consumption.
Vietnamese giant Vingroup stops smartphone, TV production
Vietnam’s biggest private conglomerate, Vingroup, will stop manufacturing smartphones and televisions, focusing instead on producing equipment for VinFast cars.
Canada imposes anti-dumping duties on Vietnam's upholstered seats
Upholstered furniture from China and Vietnam sold in Canada now is subject to country-wide duties of 295.5% and 101.5%, respectively, according to information released by the Canada Border Services Agency (CBSA).
iPhone loses position in top five in Vietnam
Apple fell out of the list of Vietnam’s five largest smartphone brands in the first quarter, according to Singaporean technology market analysis firm Canalys.
India will not apply anti-dumping duties for Vietnam's artificial fiber
The Trade Remedies Authority of Vietnam received information on May 6 that the Indian Ministry of Finance's decision to not impose anti-dumping duties on a number of artificial fiber products which originate from China, Indonesia, and Vietnam.
Vietnam targets $600 billion in export turnover in 2021
Vietnam posted solid export performance in the first quarter of 2021, and at such a growth speed, its export turnover is likely to hit $600 billion for the whole year, experts have said.
Sino Jet Named the Largest Fleet in Asia Pacific for the Second Time
HONG KONG SAR - Media OutReach - 7 May 2021 - Sino Jet has once again been recognized as Asia's largest business jet operator by Asian Sky Group's recently released 2020 Fleet Report. Sino Jet is the operator with the biggest fleet in Asia for the second time in a row, with a fleet of 47 business jets. Despite the pandemic's negative affect on the flight industry, Sino Jet grew its fleet size steadily and continues to lead the business aviation market. Sino Jet has further strengthened its uniformity in terms of fleet composition to specialize in medium and large cabin aircraft.
Influencing Future of Cloud Security with MITRE ATT&CK® for Containers
HONG KONG SAR - Media OutReach - 7 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), the global leader in cloud security, is proud to have contributed research and resources to support MITRE's development of the new Container Framework. Trend Micro threat intelligence heavily contributed to the development of ATT&CK for Containers. Trend Micro collaborated with MITRE, providing several years of dedicated research as evidence-based input that was used for the framework. To learn more about Trend Micro's container security expertise, please visit:
HSBC: foreign investors hard to ignore Vietnamese stock market for longer
Vietnam is frontier equity market which has been interested in and liked, with its turnover now almost the same level as Singapore and far more than Malaysia and Indonesia, according a report by HSBC.
SunMirror AG strengthens its management with Lester Kemp as its new Chief Operating Officer (COO)
ZUG, Switzerland - EQS Newswire - 6 May 2021 - SunMirror AG ("SunMirror"; XETRA Vienna: ROR1; ISIN CH0396131929), the mining and exploration firm specializing in raw materials such as gold, lithium and other metals and minerals, is strengthening its management team to include Lester Kemp. The 55-year-old graduate from the Royal School of Mines (Imperial College, University of London) is joining SunMirror as its new Chief Geologist and Chief Operating Officer (COO). His activities will focus on SunMirror's projects in Australia, where the company holds attractive prospecting and mining rights. In addition, he will oversee further
Over 150 new Rewards are now available on the yuu App. Redeem amazing Rewards for as little as 400 yuu Points and link your Hang Seng enJoy Card for 20% Points rebate!
HONG KONG SAR - Media OutReach - 6 May 2021 - A new selection of exclusive member Rewards from yuu, Hong Kong's biggest Rewards Club, are coming your way! Over 150 brand-new Rewards are now up for grabs for as little as 400 Points on the yuu App covering a variety of categories including dining, grocery, beauty, household and lifestyle. Choose from a wide range of unmissable Rewards including a limited-edition 7-Eleven Container Truck for 18,000 Points plus $168 at 7-Eleven, a Chicken Bucket (9 pcs) for just 5,850 Points at KFC or a set of SKUBB storage boxes for only 2,000 Points plus $15 at IKEA.
Samsung Vietnam proposes to directly purchase renewable energy from producers
Samsung Vietnam has asked the government for a renewable energy pilot project that will enable the company to buy electricity directly from producers, instead of through the monopoly distributor Vietnam Electricity.
Driving Competitiveness by Closing Skills Gaps – Over Half of Employers Need External Help
75% of employers see the importance of carrying out regular training needs analysis for their workforce to drive the competitiveness of their business.55% of employers agree that they need external help to assess the skills gaps of their employees. 52% of employers believe that external assessments provide reliable and more accurate results.SINGAPORE - Media OutReach - 6 May 2021 - To remain competitive in Singapore's recovering economy, three- quarters (75%) of employers in Singapore see the importance of carrying out regular training needs analysis for their workforce to drive the competitiveness of their
Etiqa Launches AMBER – A Holistic Retirement Ecosystem That Supports Customers with Their Physical, Mental and Financial Health for Better Quality of Life
SINGAPORE - Media OutReach - 6 May 2021 - Today marks the launch of AMBER by Etiqa ("AMBER"), a retirement ecosystem by Etiqa Insurance Singapore. The new platform complements the insurer's growing range of financial solutions tailored to savings and retirement planning, by offering customers a more holistic approach to life in retirement.A recent retirement study1 conducted by Etiqa in collaboration with YouGov in October 2020 revealed inadequacies in the retirement planning landscape, namely with regards to retirement planning guidance, with 3 in 10 Singaporeans unsure how to begin, and solutions, with only 3 in 10 confident
Largest global survey analyzing healthcare leaders, Philips’ Future Health Index 2021 report reveals APAC’s ambitions for digital transformation, but staff shortages and inexperience could hinder progress
Findings indicate that APAC's healthcare leaders are championing predictive analytics, but staff's lack of experience with new technologies is impeding planning for more than halfAnticipation of care delivery outside the hospital in the future, but some in the region are not prioritizing virtual care nowLargest global survey of its kind features critical insights from almost 3,000 healthcare leaders across 14 countries on meeting the demands of today and their vision for healthcare three years from nowSINGAPORE - Media OutReach - 6 May 2021 - Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology,
US, European buyers diversify buying away from China, towards Vietnam
A traditional first choice for buyers diversifying away from China, Vietnam saw its popularity among Western buyers grow by leaps and bounds over the past few years – a trend that has remained in effect so far in 2021, a survey has found.
Vietnam overtakes China to become largest furniture exporter to US
Vietnam has overtaken China as the largest furniture exporter to the U.S. as tariffs drive manufacturers out of the world’s second largest economy.
Chubb report reveals the risk and uncertainty faced by small and mid-sized businesses as they increasingly conduct business digitally
SYDNEY, AUSTRALIA - Media OutReach - 6 May 2021 - Chubb has released a new report, "Digital Business Accelerated," which explores how small and mid-sized businesses are managing their digital transformation – a transition that has accelerated in the wake of COVID-19. Chubb partnered with Accenture to survey small and mid-sized businesses in nine markets around the world, including Australia. Through a survey of 1,350 respondents across diverse industries, the results revealed four mega-trends that impact businesses pursuing digital transformation. These are: navigating digital customer demands, harnessing
Largest global survey analyzing healthcare leaders, Philips’ Future Health Index 2021 report reveals Singapore’s ambitions for digital transformation, but staff shortages and inexperience could hinder progress
Findings indicate that Singapore's healthcare leaders are prioritizing investment in artificial intelligence (AI) and are highly ambitious about shifting care delivery to the home over the next three years, but staff's lack of experience with new technologies is impeding planning for more than half49% of Singapore's leaders expect implementing sustainable practices in healthcare will be among the primary priorities of their role in three years' timeLargest global survey of its kind features critical insights from almost 3,000 healthcare leaders across 14 countries on meeting the demands of today and their vision for
Local business supports NGO in community development activities
The Korean non-governmental organization Good Neighbors International (GNI) in Vietnam has signed a cooperation agreement with Tam Dat Huu Co, an organic vegetables retailer, for community development activities in Vietnam.
Trend Micro Announces Next Generation ICS Endpoint Security Solution
HONG KONG SAR - Media OutReach - 5 May 2021 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced a first-of-its-kind OT-native endpoint security solution, provided as part of its total security solution for smart factories. Developed by TXOne Networks, TXOne StellarProtectTM is designed to secure all OT endpoints, regardless of environmental conditions, for any mission-critical ICS environment. The massive number of ICS endpoints in these working environments provides a large variety of attack surfaces, as they often include many unpatched or otherwise vulnerable devices.
