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Sarawak timber industry development corporation

Digital future for health management

Managing director and national head of Healthcare Luke Treloar and Vo Thi Kim Ngan, associate director at KPMG’s Global Strategy Group Over the past two decades, Vietnam has achieved laudable improvements in key quality of life metrics such as life expectancy, infant mortality, and access to affordable medicines. This success is the result of the government’s concerted effort to modernise the health system and expand access to affordable care. Up to now, Vietnam has expanded its universal health coverage to 90 per cent of the population, and targets to reach a 95 per cent coverage ratio by 2025, while maintaining a commitment to sustainable healthcare financing. This coverage ratio and ambition leads comparable regional markets. The country’s potential is nevertheless still constrained by a relatively high out-of-pocket ratio, while spending the most in-region on healthcare as a share of GDP. If Vietnam wishes to continue to expand access to quality care and maintain … [Read more...] about Digital future for health management

Mutual merit in Australian investment

Dr. Craig Emerson, director of the Australian APEC Study Centre Vietnam’s success in containing COVID-19 with minimal economic fallout compared to other nations has improved its already-strong reputation for competent governance. The government has been liberalising Vietnam’s economy for decades and is now reaping the benefits of rapid growth. Vietnam has stood to gain from the recent US-China trade conflict with many companies relocating at least some of their production facilities there. Vietnam is also rapidly adopting digital technologies to deploy automation, smart manufacturing, and big data analytics. Competent economic management, consistent reforms, swift digital uptake, and effective COVID-19 containment make Vietnam a very attractive destination for trade and investment in 2021 and beyond. Economically, Vietnam is becoming a manufacturing powerhouse, particularly for electronics and apparel. It is also becoming a focal point for regional value chains with … [Read more...] about Mutual merit in Australian investment

Vietnam sets record in number of wind, solar power projects

Vietnam has been witnessing a solar and wind power boom for three years, becoming one of the hottest markets in the world. The managers of a large corporation, for example, are busy these days with meetings discussing solutions to speed up the implementation of the VND2 trillion wind power project in Quang Tri province. They are doing so in order to enjoy the FIT (feed-in-tariff) rate. The preferential prices will be applied to part or entire power plants to be put into commercial operation prior to November 1, 2021 and will be valid for 20 years. Under the Prime Minister’s Decision No 39 dated September 10, 2018, Electricity of Vietnam (EVN) will buy electricity at VND1,927 per kwh, or 8.5 US cents, from onshore wind power projects, and VND2,223 per kwh, or 9.8 cent, from offshore projects. As such, investors have to gear up with project implementation, because they don’t have much more time. But it is not easy to negotiate with the top five equipment suppliers in the … [Read more...] about Vietnam sets record in number of wind, solar power projects

Intel Products Vietnam increases value of high-tech investment SHTP

The importance of IPV to Intel Intel invested another $475 million in IPV - the single assembly and test plant with the largest cleanroom facility within Intel Assembly and Test (ATM) network based in SHTP . This is a new investment besides the $1-billion investment of Intel to build the most modern chip assembly and test plant at SHTP, first announced in 2006. Thus, the total investment of Intel at SHTP is now nearly $1.5 billion. With this additional investment, IPV will increase the production of Intel's 5G products, Intel Core processors with Intel Hybrid technology, and the 10th generation Intel Core processors. In November 2006, Intel announced a $1 billion investment to build a 47,000-square-meter cleanroom facility in SHTP. It is a project with strategic importance, associated with the establishment and development of SHTP in particular, and high technology in HCMC in general. It is also the largest US high-tech investment project in Vietnam. Up to now, IPV is the … [Read more...] about Intel Products Vietnam increases value of high-tech investment SHTP

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