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Regulated power supply project report

Vietnam a strategic destination for Samsung’s R&D activities

In an interview with “Tuoi tre” (Youth) newspaper, Choi said Samsung launched the construction of a new R&D centre in Hanoi in March last year, which is scheduled for completion in December 2022. This is Samsung Electronics’ first R&D centre outside of the Republic of Korea and the largest of its kind by a foreign-invested enterprise in Vietnam, Choi said. Vietnam is not only an important global production hub but also a strategic destination in Samsung’s R&D activities, he added. Looking back on 2020, Choi said it was a memorable year for Samsung. Due to the COVID-19 pandemic, it suffered a fall in exports in the first half before recovering in the second half. In the year as a whole, it posted some US$57 billion in export revenue, a little below its target of $60 billion but a positive result amid the pandemic. He said that, in 2021, the company will continue to strictly implement COVID-19 prevention and control measures set by the Vietnamese Government and the … [Read more...] about Vietnam a strategic destination for Samsung’s R&D activities

VIETNAM BUSINESS NEWS MARCH 6

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6

Equity investment in Vietnam reaches new peak

Vietnam reports most impressive growth in financial services regionally, particularly in the banking sector Global equity investment shed 13.1 per cent in the total number of transactions and plunged 33.8 per cent in total transaction value in the first half last year, compared to the corresponding period in 2019. Within the ASEAN-5 and Vietnam, equity transactions were slowing down last year compared to a robust 2019. The number of transactions dropped from 230 cases in the second half of 2019 to 200 cases in the first six months of 2020, meanwhile, the transaction value was curtailed by more than half, from $9.15 billion to just $4.3 billion. Amid chaos and uncertainties due to the coronavirus pandemic, Vietnam’s equity investment market has set a record with 59 transactions valued at $1.14 billion, a slight increase compared to 2019. Technology has maintained its growth momentum setting a five-year record in the number of transactions. Investments have channelled into … [Read more...] about Equity investment in Vietnam reaches new peak

World News in Brief: March 6

* Globally, as of 9:42am CET, 6 March 2021, there have been 115.478.709 confirmed cases of COVID-19, including 2.568.720 deaths, reported to WHO. As of 6 March 2021, a total of 249.160.837 vaccine doses have been administered. * The Chinese mainland reported no new locally transmitted COVID-19 cases on Friday, the National Health Commission said Saturday. The total number of confirmed COVID-19 cases on the mainland reached 89,962 by Friday, including 173 patients still receiving treatment, including one in severe condition. * Japan extended a state of emergency in the Tokyo area by two weeks to try to combat COVID-19, prompting a "heartfelt apology" by Prime Minister Suga Yoshihide. * Brazil on Friday registered more than 1,600 COVID-19 deaths for the fourth day in a row, reporting 1,800 new deaths and 75,495 new cases in the past 24 hours. Brazil has so far reported a total of 10,869,227 cases with 262,770 deaths, according to official data. * Russia on Saturday reported … [Read more...] about World News in Brief: March 6

Science and technology contribute to help farmers escape poverty

With a low starting point and more than 70% of the population living in rural and mountainous areas, the completion of that task depends greatly on the effective application of scientific and technological achievements as well as the potentials ofeach region in order to restructure and promote the development of agriculture in the direction of commodity production, controlling the domestic market, and step by step reaching out to regional and international markets. The undertakings and policies of the Party and State all aim to affirm that the transfer of scientific and technological application in agricultural production is an especially important breakthrough in promoting agricultural production and rural economy. On October 13, 2015, the Prime Minister signed Decision No.1747/QD-TTg approving a programme on supporting the application and transfer of scientific and technological progress to promote socio-economic development in rural, mountainous and ethnic minority areas in the … [Read more...] about Science and technology contribute to help farmers escape poverty

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