Derek Ong, Electronic Industrial Software Solutions manager, Keysight Technologies Squeezing every last drop of productivity from invested manufacturing equipment on the factory floor was the goal, and hence a lot of focus was on downtime and throughput. Predictive maintenance and asset utilisation are important business outcomes from any successful Industry 4.0 implementation. Then COVID-19 happened. Other than the race to 5nm chips, 5G, and cloud computing, some sectors of the electronics manufacturing industry have seen a drastic drop in volume, leading to a surplus of production assets on the floor. For some, machines have idled. For others, COVID-19 has caused massive supply chain disruptions. The necessary steps taken by governments around the globe to manage and halt the spread of this epidemic, has restricted movement of factory employees and subsequently lowered productivity and output. The trade situation between the US and China has forced manufacturers to shuffle … [Read more...] about Manufacturing analytics in electronics industry – Pivot to quality in the “New Normal”
Award winning short film
Dedicated efforts justify BIDV MetLife successes
BIDV MetLife representatives received an AmCham CSR Recognition Award 2020 In the social distancing period of the COVID-19 pandemic last year, BIDV MetLife received a number of claims for insurance benefits under the circumstances of limited travel and difficulties in the verification process. However, with responsibility and the spirit of always putting clients’ interest first, BIDV MetLife overcame such limitations, quickly collected documents, made claim decisions, and paid for the clients’ families as soon as the paperwork had been completed. One particular client had an accident and died in May, leaving behind their life partner and two school-aged children. BIDV MetLife had its staff quickly verify the information. After collating the results, the company decided to pay accidental death benefit as in the contract terms with the aim to promptly help the family stablilise after the unexpected event, and ensure future education for the children. Another client suddenly … [Read more...] about Dedicated efforts justify BIDV MetLife successes
Two Vietnamese referees shortlisted for Women’s World Cup 2023
The list includes 750 referees and assistant referees. All are required to pass several tests before FIFA selects the final 56 referees and 100 assistants. Due to the Covid-19 pandemic, many global football tournaments were either postponed or canceled last year, meaning many refs on the list have not seen the pitch during the past nine months. However, in Vietnam, women's football tournaments still took place as normal, from the U14 contest to the national championship, thanks to the country's superb efforts in containing Covid-19. That means Trang and Trinh were refereeing regularly in 2020, giving them an advantage in the competition for a spot at Women’s World Cup 2023. Referee Bui Thu Trang and assistant referee Truong Thu Le Trinh. Photo by VnExpress/Duc Dong. Trang is one of only three referees in Vietnam certified as elite FIFA refs. This is the highest level of refereeing and can only be awarded to those who reach FIFA standards, are fluent in English and … [Read more...] about Two Vietnamese referees shortlisted for Women’s World Cup 2023
Prolonged pandemic issues cloud recovery
Dinh Quang Hinh, analyst at VNDIRECT Securities JSC, noted that the local economy’s recovery “will slow down”, especially in the next two months. According to Hinh, the tourism industry may still be the most affected by the new COVID-19 wave. Reports from travel and airline businesses showed that many travellers cancelled flights and hotel reservations, and postponed their plans. In addition, the blockade in some localities such as Hai Duong province and the closure of a number of non-essential services in other cities and provinces may reduce the growth rate of several service sub-sectors, especially accommodation, catering, tourism, and entertainment. At a cocentrated quarantine area. Photo: VNA Unfeasible policies Facing the serious impact of COVID-19 on the economy, Assoc. Prof. Dr. Pham The Anh, chief economist of the Institute for Economic and Policy Research (VEPR), said that the country could not pursue macro policies in the same way other countries would … [Read more...] about Prolonged pandemic issues cloud recovery
VIETNAM BUSINESS NEWS FEB. 24
Hi-tech agriculture proves effective in Dong Nai Agricultural production has been affected by abnormal weather conditions, climate change, and diseases over recent years. Many farms in southern Dong Nai province have applied high-technology in agricultural production in order to cope with the situation, helping increase quality and output. High-tech production requires massive investment, not just capital but also technology, equipment, and “grey matter”, to adapt to cutting-edge manufacturing methods. High-tech manufacturing models have been expanded around Dong Nai, especially in animal husbandry and on poultry farms. Dong Nai has more than 46,000 hectares of crops using water-saving technology and the province has gradually changed to green breeding in accordance with Vietnamese Good Agricultural Practice (VietGAP) standards. Agriculture accounts for 8.3 percent of Dong Nai’s economic structure and agro-forestry-fisheries value currently stands at nearly 1.8 billion … [Read more...] about VIETNAM BUSINESS NEWS FEB. 24