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You are here: Home / Archives for Lux golden rose awards 2018

Lux golden rose awards 2018

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”

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

Which sectors in Vietnam are dominated by Thai companies?

In the last decade .their investments in Vietnam swelled by an average of 13 percent a year. By the end of last year their total investment was only around $13 billion, not enough to put Thailand in the top five list, but still managed to have large market shares in several sectors by concentrating their investment in a handful of sectors. In the retail sector, some leading supermarket chains are controlled by two Thai companies, Central Group and TCC Group. Central Group, Thailand’s leading retailer, which belongs to the Chirathivat family, started off in Vietnam as a fashion merchandiser in 2012, distributing products from brands such as SuperSports, Crocs and New Balance. In 2015, it acquired a 49 percent stake in electronics retailer Nguyen Kim through its subsidiary Power Buy. In the same year, it bought out supermarket chain Lan Chi, which operates mainly in northern rural areas. In 2016, it bought supermarket chain Big C Vietnam from France's Casino Group for over $1 … [Read more...] about Which sectors in Vietnam are dominated by Thai companies?

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

Vietnam trade surplus surges to US$2.09 billion in January

The Hanoitimes - Phones and parts posted the largest export turnover among export items during January with US$6.1 billion, up US$3.4 billion against the same period of last year. Vietnam recorded a trade surplus of US$2.09 billion in the first month of 2021, which remained a stark contrast from a deficit of US$300 million in the same period last year, according to the General Department of Vietnam Customs (GDVC). Production for exports at Garment 10 Company. Photo: Pham Hung. In January, the country’s trade turnover stood at US$55 billion, representing an increase of 48.2% year-on-year, in which exports rose by 55.1% to US$28.55 billion and imports by 41.3% to US$7.74 billion. According to the GDVC, foreign-invested sector posted a trade surplus of US$3.98 billion during the period, coming on the back of a 70% surge in exports year-on-year to US$21.57 billion, or over 75% of the country’s total export turnover. Phones and parts posted the largest export … [Read more...] about Vietnam trade surplus surges to US$2.09 billion in January

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