January news

Microsoft on Thursday lobbied for other countries to follow Australia's lead in calling for news outlets to be paid for stories published online, a move opposed by Facebook and Google. Microsoft has offered to fill the void if rival Google follows through on a threat to turn off its search engine in Australia Microsoft last week offered to fill the void if rival Google follows through on a threat to turn off its search engine in Australia over the plan. Microsoft President Brad Smith said in a statement the company fully supports proposed legislation in Australia that would force Google and Facebook to compensate media for their journalism. "This has made for an unusual split within the tech sector, and we've heard from people asking whether Microsoft would support a similar proposal in the United States, Canada, the European Union, and other countries," Smith said in a blog post. "The short answer is yes." Facebook and Google have both threatened to … [Read more...] about Microsoft backs search engines paying for news worldwide

The Hanoitimes - Singapore was the largest investor in the first month of 2021 in Vietnam with an investment capital of US$680.7 million, or 33.8% of the total. Disbursement of foreign direct investment (FDI) capital in Vietnam reached US$1.51 billion in January, representing an increase of 4.1% year-on-year, a report of the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment has shown. FDI commitments during the first month of the year fell 62.2% year-on-year to US$2.02 billion. PHoto: Pham Hung. Meanwhile, FDI commitments during the first month of the year fell 62.2% year-on-year to US$2.02 billion, noted the FIA, saying a sharp decline in the figure was due to the one-off US$4-billion LNG plant project in last January . “Excluding this project, total registered FDI capital in January 2021 is estimated to surge by 51.7% year-on-year,” added the agency. Year to January 20, 47 new projects have been approved with total … [Read more...] about Actual FDI in Vietnam rises 4.1% to US$1.51 billion in January

Bình Dương's exports grew by 61.7 per cent year-on-year in January. – Photo baobinhduong.vn BÌNH DƯƠNG – Bình Dương Province achieved impressive growth in exports in January to rank third in the country behind only HCM City and Bắc Ninh Province. They grew 61.7 per cent year-on-year to US$2.98 billion. Many of its main export items such as computers, electronics and components (75 per cent) and wooden products (89 per cent) saw high growth. The textile-garment and footwear sectors, which struggled last year due to COVID-19, picked up pace as businesses began receiving more orders. Exports to the US, which accounted for 65.2 per cent of the province’s total exports in January, grew by 68.9 per cent. Exports to other markets such as Hong Kong, Taiwan and Japan also saw growth. HCM City led the country with exports of $8.9 billion, and Bắc Ninh followed with $7.7 billion. Notably, Hải Dương Province achieved 37 per cent growth despite being severely … [Read more...] about Bình Dương sees high export and import growth in January

Binh Duong's exports grew by 61.7 per cent year-on-year in January. – Photo baobinhduong.vn Binh Duong Province achieved impressive growth in exports in January to rank third in the country behind only HCM City and Bac Ninh Province. They grew 61.7 per cent year-on-year to US$2.98 billion. Many of its main export items such as computers, electronics and components (75 per cent) and wooden products (89 per cent) saw high growth. The textile-garment and footwear sectors, which struggled last year due to COVID-19, picked up pace as businesses began receiving more orders. Exports to the US, which accounted for 65.2 per cent of the province’s total exports in January, grew by 68.9 per cent. Exports to other markets such as Hong Kong, Taiwan and Japan also saw growth. HCM City led the country with exports of $8.9 billion, and Bac Ninh followed with $7.7 billion. Notably, Hai Duong Province achieved 37 per cent growth despite being severely affected by the Covid-19 pandemic. … [Read more...] about Binh Duong sees high export and import growth in January

A customer buys KIDO’s product at a supermarket. HCM CITY — Food company KIDO Group has reported a 100 per cent year-on-year jump in revenues in January to VNĐ1.1 trillion (US$48 million). Its profit before tax was up an eye-watering 342 per cent to VNĐ90 billion ($3.9 million). The company attributed the surge to Lunar New Year demand. It is a major festival for Vietnamese, and, thanks to its subsidiaries’ preparations since last October, they were able to diversify their products and distribute them through both traditional and modern channels in cities and rural areas, the company said. Acquisitions helped it increase distribution to 450,000 points for canned foods and 120,000 for chilled products, it said. Besides, after a gap, it returned to the confectionery market before the Lunar New Year. In 2021 KIDO targets revenues of VNĐ11.5 trillion ($500 million),and a profit of VNĐ800 billion ($34.7 million). To achieve them, it plans to diversify its oil … [Read more...] about KIDO Group doubles revenues, triples profits in January