Hanoi 3rd in JLL's City Momentum Index The Asia-Pacific is home to 19 of the top 20 cities on the sixth City Momentum Index published by JLL, highlighting the continuing shift of fast urban growth from the West to the East. Overall, Indian and Chinese cities dominate the rankings, accounting for three quarters of the top 20. Leading the pack are Bengaluru and Hyderabad in India, with Hanoi third. “Asia continues to show strong momentum, with cities that are successfully expanding their innovation economy punching above their weight in terms of attracting capital, companies, and people,” said Mr. Jeremy Kelly, Director of Global Research at JLL. “It’s clear that the tech sector is a key driver of both real estate and economic momentum - driven by large technology firms as well as dynamic startups in cities like Bengaluru, Hyderabad, Ho Chi Minh City and Shenzhen.” Although the global economic cycle is in its late stages, there are still many cities in the … [Read more...] about BUSINESS NEWS IN BRIEF 19/1
Data center energy efficiency
BUSINESS NEWS IN BRIEF 11/11
Vietnam’s rice exports hit 5.2 million tonnes in ten months Vietnam shipped abroad 264,000 tonnes of rice in October this year for 136 million USD, pushing the total figures so far this year to 5.2 million tonnes worth 2.6 billion USD, up 1.7 and 14.1 percent year-on-year. China remained the leading importer of Vietnamese rice with a growth rate of 24 percent. Strong rises were also seen in many other markets, such as Indonesia, Iraq, the Philippines, and Malaysia. Average rice prices in the first nine months of 2018 reached 503 USD per tonne, up 13.7 percent year-on-year. The highest price was recorded for Jasmine rice with 575 USD per tonne, followed by Japonica with 526 USD per tonne. The export of medium- and high-quality rice increased, while that of low quality types reduced, now accounting for just 2 percent of the total export volume. [Video: Vietnamese rice now top quality on the international market] On October 18 this year, the Philippines closed its bidding and … [Read more...] about BUSINESS NEWS IN BRIEF 11/11
Energy labeling for LED lighting products boost energy efficiency
This workshop was part of the project “Local Development and Promotion of LED Technologies for Advanced General Lighting in Vietnam” (LED project), supported by the Global Environment Facility (GEF) and UNDP. Energy labels This is the third in a series of workshops on implementation of the energy labeling program with an aim to introduce, guide and discuss energy labeling regulations to be readily prepared for compulsory labeling of LED lighting products as of 1 January 2020. Within the framework of the Energy labeling program for electrical equipment and appliances implemented by the MOIT since 2006, the LED Project has supported the MOIT to develop regulations and roadmap for labeling and certification of LED lighting products. To implement this program, the project continues to support the MOIT to develop a methodology to determine the appropriate energy efficiency levels and monitoring and evaluation (M&E) plan for the implementation of the LED … [Read more...] about Energy labeling for LED lighting products boost energy efficiency
Energy efficiency standards great for economy, environment: workshop
Viet Nam News HCM City – The adoption of minimum energy performance standards will achieve a minimum saving of around VNĐ10 trillion (US$480 million) and a reduction of 34 million tonnes of CO2 emissions by 2030, a workshop heard in HCM City yesterday. Nguyễn Văn Thao, general director of the Việt Nam Academy of Science and Technology’s High Technology Development Center told the “Energy Labelling and Certification for LED lighting products” workshop: “The electricity saving will be about 6,000 GWh per year, equivalent to the electricity generated by two coal-fired power plants with a capacity of 500 MW.” This was the right time to implement the energy-labelling programme for LED lighting products, he said. United Nations Development Program (UNDP) expert My Ton emphasised the need to obtain sufficient market data to identify appropriate parameters and characteristics such as efficacy, lifetime and rendering index for LED … [Read more...] about Energy efficiency standards great for economy, environment: workshop
Schneider Electric to plug into Vietnam’s Industry 4.0 growth
(VEN) - Schneider Electric, leading the Digital Transformation of Energy Management and Automation, will see Vietnam offering great growth opportunities for the company, a senior company official said. Yoon Young Kim, Country President of Schneider Electric Vietnam, Myanmar and Cambodia Yoon Young Kim, Country President of Schneider Electric Vietnam, Myanmar and Cambodia, said Vietnam is one of the most important and developed markets for his company in the ASEAN region. “It offers many opportunities for companies like us to be in a leading position in the country’s Industry 4.0 era”, he said. The development of Industry 4.0 has created a strong demand for energy efficiency, Kim noted. “Schneider Electric is leading the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructure and Industries. We are committed to providing the most efficient solutions and processes for businesses in … [Read more...] about Schneider Electric to plug into Vietnam’s Industry 4.0 growth
Waste energy
And one would not be far from the truth; every year, Vietnam’s 27 million pigs generate emissions equivalent to around 4.3 million tons of CO2, with strong smells and negative effects on human health. Not only that, just like carbon dioxide, methane, ammonia and hydrogen sulfide are greenhouse gases that also contribute to air pollution and global warming. Though data on the total impact of emissions from breeding is still unavailable, research conducted at specific municipals has yielded dire results: household-scale breeders generate 18 times more ammonia than permitted, while large commercial breeders generate 21 times more. What many do not know, is that these pernicious emissions could be used to generate electricity. "Up to now, Vietnam has not had a comprehensive mechanism for supporting the development of renewable energy, aside from the subsidies for wind power and waste-generated electricity, approved in 2011 and 2014 respectively," Tran Van Khai, Vice Chairman of the … [Read more...] about Waste energy
Intelligent technology crucial to sustainable healthcare
Tommy Leong The World Bank reports that East Asia’s population is ageing faster than any other region’s in history, home to 36 per cent of the international 65 and over population with 211 million people. Singapore, Japan, and South Korea are considered as “advanced agers”. Furthermore, the increasing prevalence of chronic diseases adds to the demands on healthcare organisations, which are already constrained by tightening budgets and a lack of resources. To meet the demands of an ageing population, there is an even greater focus needed on achieving better operational efficiency, while improving patient safety and satisfaction through integrating innovative technology in healthcare infrastructure. Meanwhile, hospitals on average use three times the volume of electricity of a typical large-scale office building, thereby adding to the burden of rising operations and energy costs. Whether designing a new facility or expanding an existing one, it is important to … [Read more...] about Intelligent technology crucial to sustainable healthcare
Panduit enables digital transformation of Vietnam
(VEN) - Panduit Asia Pacific, a US based leading global provider of network infrastructure solutions, holds Panduit Solution City Roadshows for 2 days - 10th and 11th of April, 2018, in Ho Chi Minh City, Vietnam. The Roadshows provide Vietnamese businesses great opportunities to have a closer view of the company, its unique solutions and how they empower businesses as well as the whole community. At the event, Chad Reynolds, Vice President Marketing, introduced Panduit as a global leader in physical network infrastructure and connectivity solutions. In 1955 Panduit launched its first product, Panduct Wiring Duct, a new invention that organized control panel wiring and allowed new wires to be added quickly and neatly. Since that time Panduit has introduced thousands of problem-solving new products and remained committed to providing innovative electrical and network infrastructure solutions. Panduit is widely recognized throughout markets for a number of award- winning solutions, with … [Read more...] about Panduit enables digital transformation of Vietnam
CMC Telecom launches data center, joins Asia alliance
CMC Telecom launches data center, joins Asia allianceBy Hien Nguyen - The Saigon Times DailyHCMC - CMC Telecommunication Services Corporation (CMC Telecom) last week launched its first international standard data center with the brand name BlueData®.It also clinched a memorandum of understanding with 1-Net Singapore, the Malaysia-based AIMS Asia Group and T.C.C Technology of Thailand to establish the data center alliance in the Southeast Asian region. The deal marks CMC Telecom’s first step to expand its business to international markets. On the occasion, the alliance struck a deal with Intel to develop a Green Data Center to accelerate data center development in the region. The data center alliance has a combined space of more than 45,000 square meters and a projected annual turnover of US$77 million by 2009. The alliance is looking to become one of the biggest data center operators in the region catered for first-tier telcos, government agencies, banks and other … [Read more...] about CMC Telecom launches data center, joins Asia alliance
BUSINESS IN BRIEF 9/1
Vingroup, T&T to develop urban railway projects in HanoiThe government of Hanoi City has proposed the Prime Minister allow Vingroup and T&T Group to develop three urban railway projects which the city plans to complete by 2025, Tuoi Tre newspaper reports.The two domestic investors will use their capital to make pre-feasibility studies for these projects.When the projects were announced, many investors expressed interest in Hanoi. However, only Vingroup and T&T Group have registered to take part.Both of them proposed implementing the projects in the build-transfer (BT) format. Particularly, Vingroup registered to build the 38.4-kilometer metro line No. 5 which connects Van Cao and Hoa Lac and metro line No. 2 from Tran Hung Dao to Thuong Dinh with a length of 5.9 kilometers. Meanwhile, T&T Group is keen on metro line No. 4 connecting Me Linh, Sai Dong and Lien Ha, and measuring 54 kilometers in length.The two investors said they would use their own finances to study the … [Read more...] about BUSINESS IN BRIEF 9/1