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”
To balance spring
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?
Prime Minister Nguyen Xuan Phuc (Photo: VNA) Hanoi (VNA) - Prime Minister Nguyen Xuan Phuc attended and delivered remarks at an open debate of the UN Security Council (UNSC) on addressing climate-related risks to international peace and security, which was held in the form of video conferencing on February 23. Following is the full text of the Prime Minister’s remarks. Mr. President, I applaud the initiative of the UK Government and yourself, Mr. President, to host this important UNSC open debate on “Addressing climate-related risks to international peace and security”. I would like to thank UN Secretary General António Guterres and Chair of the UN Youth Advisory Group Nisreen Elsaim for your insightful and substantive information and recommendations. Mr. President, Earth – our blue planet, and our shared home – is suffering from grievous impacts of climate change. 2020 was one of the three hottest years in modern history, and was faced with the constant and severe … [Read more...] about Remarks by PM Nguyen Xuan Phuc at UNSC meeting on addressing climate-related risks to international peace, security
Dinh Quang Hinh, analyst at VNDIRECT Securities JSC, noted that the local economy’s recovery “will slow down”, especially in the next two months. According to Hinh, the tourism industry may still be the most affected by the new COVID-19 wave. Reports from travel and airline businesses showed that many travellers cancelled flights and hotel reservations, and postponed their plans. In addition, the blockade in some localities such as Hai Duong province and the closure of a number of non-essential services in other cities and provinces may reduce the growth rate of several service sub-sectors, especially accommodation, catering, tourism, and entertainment. At a cocentrated quarantine area. Photo: VNA Unfeasible policies Facing the serious impact of COVID-19 on the economy, Assoc. Prof. Dr. Pham The Anh, chief economist of the Institute for Economic and Policy Research (VEPR), said that the country could not pursue macro policies in the same way other countries would … [Read more...] about Prolonged pandemic issues cloud recovery
Dung thanked the Thai government for facilitating flights bringing Vietnamese citizens home, and supporting those who are studying and living in Thailand. He suggested Thailand limit trade barriers, exchange information about export-import regulations and procedures, and further support and closely cooperate with Vietnam in regional and international organisations and forums. Thani congratulated Vietnam on the successful organisation of the 13th National Congress of the Communist Party of Vietnam, and its outstanding performance of the ASEAN Chairmanship 2020. Thailand attaches importance to and has worked to continuously consolidate and strengthen the fine bilateral friendship, the official said. Vietnam has become a model in the COVID-19 combat worldwide, he said, stressing that Thailand will continue its close coordination with Vietnam in fighting the pandemic and reviving supply chains, as well as in the efforts to access safe and effective COVID-19 vaccines. Thailand … [Read more...] about Vietnam, Thailand agree to deepen enhanced strategic partnership