In its letter sent to the Chairman of the municipal People’s Committee and the city’s Management Authority for Urban Railways (MAUR), KEXIM said it will soon provide funding for the update of the project’s pre-feasibility study, which covers technical, financial, and legal aspects, according to the MAUR. The bank noted that members of the research group and participating investors have experience in building and operating urban railway routes, including Metro Line No. 9 of the RoK’s Seoul capital, in the PPP format. The MAUR said it had a working session on January 19 with some investors and consultancies from the RoK to discuss the study and related orientations for the project. The Korean side, including KEXIM and some businesses and consultancies, presented the plan to update the pre-feasibility study, whose final version is expected to be submitted by the end of 2021. The pre-feasibility study for Phase 2 of Metro Line No. 5 was previously financed by the Korea … [Read more...] about HCMC: Korean bank proposes investment study for Metro Line No. 5
Dragon fruit investment
HCM City: Korean bank proposes investment study for Metro Line No. 5
The track of Metro Line No. 1, from Ben Thanh Market to Suoi Tien Theme Park, in HCM City (Photo: VNA) HCM City (VNA) – The Export-Import Bank of the Republic of Korea (KEXIM) has asked Ho Chi Minh City ’s authorities for permission to conduct an investment study for Phase 2 of Metro Line No. 5 , set to be carried out in the public-private partnership (PPP) format. In its letter sent to the Chairman of the municipal People’s Committee and the city’s Management Authority for Urban Railways (MAUR), KEXIM said it will soon provide funding for the update of the project’s pre-feasibility study, which covers technical, financial, and legal aspects, according to the MAUR. The bank noted that members of the research group and participating investors have experience in building and operating urban railway routes, including Metro Line No. 9 of the RoK’s Seoul capital, in the PPP format. The MAUR said it had a working session on January 19 with some investors and consultancies … [Read more...] about HCM City: Korean bank proposes investment study for Metro Line No. 5
New Zealand and Vietnam boost agricultural cooperation
New Zealand and Vietnam today signed an Agriculture Cooperation Arrangement at an dialogue held virtually by New Zealand Chief Executive of the New Zealand Ministry for Primary Industries, Ray Smith, and Vice Minister of the Ministry of Agriculture and Rural Development (MARD), Le Quoc Doanh. At the dialogue. At the dialogue, the two sides voiced their commitment to the two countries’ deepening agriculture and trade relationship. Smith and Doanh affirmed that the Strategic Partnership, which was jointly announced by Prime Ministers in July last year, has created a solid foundation for increasing bilateral agricultural cooperation and connections between the two countries. Speaking at the dialogue, Chief Executive of the New Zealand Ministry for Primary Industries, Mr Ray Smith, emphasized that this is a valuable opportunity to consider what both sides can do together as they build resilience and vitality back into their agriculture economies following … [Read more...] about New Zealand and Vietnam boost agricultural cooperation
Tuyen Quang advised to pay greater attention to forest economy
The PM had a working session with key leaders of Tuyen Quang on February 23 after attending the launching of the tree-planting festival in the northern mountainous province. He stressed that Tuyen Quang should become an important hub of wood industry of Vietnam and the region, asking the locality to mobilize all resources for the goal. At the same time, Tuyen Quang should expand a number of other agricultural sectors, he said, suggesting that the province increase the area of sugar canes for export and call on investors to invest more in agriculture and forestry. The PM reminded Tuyen Quang, the province to pay greater attention to preserving and promoting unique cultural identities of ethnic minority groups in the locality, thus boosting the development of tourism and service sectors. PM Phuc expressed delight at dramatic changes that the province has made in the past 10 years in both urban and rural areas. However, he noted that the province has still faced many … [Read more...] about Tuyen Quang advised to pay greater attention to forest economy
Manufacturing analytics in electronics industry – Pivot to quality in the “New Normal”
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”