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TF Securities analyst Ming-Chi Kuo in a note to investors on Tuesday reported stronger than expected demand for the tech giant's major device lines, including high-end iPhone 12 Pro and iPhone 12 Pro Max models. According to a recent survey, demand for Apple's top-tier iPhone 12 models, the new iPad Air , Apple Watch Series 6 and SE , and M1 MacBook models is better than expected moving into the lucrative holiday season, Kuo said. The analyst references a number of previous predictions regarding future products, including new M1 MacBook Pro variants and " AirPods 3 ." The analyst is tracking positive momentum for Apple's important iPhone business despite lower than expected demand for iPhone 12 and 12 mini , with increased interest in the high-end iPhone 12 Pro and 12 Pro Max picking up the slack. Those trends should carry forward into the first half of 2021 and toward an anticipated refresh cycle next fall. Apple's iPad Air, which benefitted from a … [Read more...] about Kuo: Apple’s major product lines enjoy healthy demand in Q4, but AirPods shipments muted

Growth of minimum wage, CPI, and per capita GDP in Việt Nam in 2008-16 period. Viet Nam News HÀ NỘI — While labour productivity in Việt Nam remains low compared with neighbouring countries, the drastically disproportionate increase of minimum wage and wages might harm the competitiveness of businesses and the development of the country. The minimum wage grew at double-digit annual rates from 2007-2015, outpacing that of per-capita GDP and the consumer price index. These findings were revealed in a report by the Việt Nam Institute for Economic and Policy Research (VEPR) and Japanese economic experts which was released on Wednesday in Hà Nội at the workshop “Labour productivity and wage growth in Việt Nam.” Futoshi Yamauchi, senior economist from the World Bank, and member of the research team, said Việt Nam’s minimum wage increases can have more negative effects than positive, citing the finding which showed an increase of 100 per cent would cause profits over revenue of … [Read more...] about Minimum wage in Việt Nam rises, productivity stagnates

White turnips grown in the outer Mê Linh District in Hà Nội are sold outside of Thống Nhất Park in the city. — VNS Photo Trương Vị Viet Nam News by Mai Hiên & Nguyễn Hằng Not any single day past when you won’t find Nguyễn Thị Sinh’s tender to her crops on her farm. Delicately tending to her plants and harvesting the ripe ones for market is just part of her daily routine at the 360-square-metre’s of land. But the work doesn’t stop there. Far from it. Each day she embarks on a 27 kilometre journey from her hometown in the Ứng Hòa District to Hà Đông. With her, of course, is two large baskets bursting with vegetables. A tough way to earn a living, and one that’s hardly financially rewarding. “Although I’ve engaged in planting vegetables for more than  30 years, I have never satisfied with income brought about by it,” said Sinh, 52, who earns around VNĐ80,000 (US$3.5) each day. But she won’t be put off by the poor rewards. She added: “I don’t want to quit farming … [Read more...] about Supply chain the key to sustainable farming production in Việt Nam

An organic red-flesh dragon fruit orchard in Long An Province’s Chau Thanh District. The fruit is a popular variety grown in the districts Chau Thanh, Tan Tru and Thu Thua and Tan An City in Long An Province. — VNA/VNS Photo Bui Giang Digital transformation in agriculture increases production efficiency and offers consumers greater transparency about food products. However, progress remains sluggish in Viet Nam, and more research is needed. Bo Xuan Hiep reports. Farmer Le Van Chin from the southern province of Long An recently livestreamed an advert about his cooperative’s red-flesh dragon fruit on his Facebook page. “Hi everyone! Here is the dragon fruit garden of Que My Thanh Cooperative. After 25 days of harvest, it has a thin peel and red flesh. Rest assured we never use any harmful chemicals to spray the fruit. We guarantee that it is healthy and tasty,” he told viewers. “I livestream various stages such as farming, harvesting and packaging to create consumer confidence … [Read more...] about Farmers embrace livestreams, high-tech advances in push for better quality, productivity

Production shift from China benefits Vietnam’s industrial market: CBRE By Thanh Thom Workers produce earphones at a plant owned by electronics giant Samsung Vietnam. Vietnam enjoy considerable advantages in the production shift away from China – PHOTO: VNA HCMC – Looking at the remainder of this year and 2020, property service provider CB Richard Ellis (CBRE) Vietnam has forecast an increase in industrial supply across Vietnam, benefitting from the production shift away from China. CBRE said in a recent statement that it had recorded an increase in production moving from China to alternative locations in Southeast Asia, including Vietnam, last year. While this trend is not new to many as production costs in China continue to rise, making relocation seem like a financially viable choice to many manufacturers, there are some other major drivers worth considering as well. According to a November 2018 survey conducted by the UBS Evidence Lab, which collected … [Read more...] about Production shift from China benefits Vietnam’s industrial market: CBRE

Five ecommerce operators pledge to stop trading fake products The Saigon Times Daily A delivery man receives a payment from an online buyer in this file photo. Five local ecommerce operators in Vietnam have pledged to stop fake products from their platforms - PHOTO: THANH HOA HCMC – Five major ecommerce operators in Vietnam---Adayroi.com, Lazada.vn, Sendo.vn, Shopee.vn and Tiki.vn---on April 18 signed an agreement pledging to remove fake goods from their ecommerce platforms, reported the local media. By clinching the deal, the five operators want to demonstrate their responsibility and strong determination in joining the fight against the sale of fake products; committing to sell high-quality products with clear origins; not cooperating with individuals who take advantage of ecommerce websites to sell counterfeit items that violate intellectual property rights; and protecting consumer rights. The signing ceremony was part of a training conference on protecting … [Read more...] about Five ecommerce operators pledge to stop trading fake products

Thaco starts work on four major projects in Quang Nam The Saigon Times Daily Prime Minister Nguyen Xuan Phuc and other senior delegates make a symbolic gesture to begin work on a wharf for 50,000-ton vessels and a residential area for workers - PHOTO: VNA HCMC - Truong Hai Auto Corporation (Thaco) on March 24 began work on four major projects in Quang Nam Province---the creation of an agricultural-forestry industrial park, the expansion of Thaco-Chu Lai Mechanical-Automotive Industrial Park and the construction of a wharf for 50,000-ton vessels and a residential area for workers, the local media reported. These projects, which will all be built at the Chu Lai Open Economic Zone, requires a total cost of over VND15 trillion (US$646.8 million). Specifically, the agricultural and forestry industrial park project will initially focus on developing value chains for fruit and forestry products, with services ranging from researching seedlings to developing farming, … [Read more...] about Thaco starts work on four major projects in Quang Nam

PM Dung’s online session a major draw (10-02-2007) Prime Minister Nguyen Tan Dung answers questions from citizens live.—VNA/VNS Photo Duc Tam Ha Noi — Prime Minister Nguyen Tan Dung spent two-and-a-half hours chatting with the public in a forum on the Viet Nam Communist Party website yesterday morning. The event was also broadcast on Viet Nam Television and the VietnamNet. In total, more than 20,000 questions divided into nine topics were submitted by residents and foreigners. The nine discussion topics were: Viet Nam’s 2006 socio-economic achievements; anti-corruption; administrative reform; science and technology development; employment; social policies; socio-economic solutions for 2007 and the future; housing and land policies; education policies, culture and health and disaster relief and epidemic prevention. The following is an excerpt of the dialogue: Nguyen Van Sac, HCM City, Nguyen Van Tuan, Ha Noi; Do Van Binh, Phu Tho Province; Nguyen Chi … [Read more...] about PM Dung’s online session a major draw

Mid-sized corporates need new strategies to capitalize on major shifts: Standard Chartered By Pham Nhat An employee is at work in a local firm. According to Standard Chartered, digitalization, regionalization and capital management are the key to realizing the country’s growth ambitions – PHOTO: THANH HOA HCMC – Mid-sized corporates in Vietnam and other ASEAN countries need to devise new strategies, from digitalization to partnerships and overseas ventures, to build growth against major shifts in their respective sectors, according to a thought leadership report by London-based Standard Chartered Bank. The report, called “ASEAN – a region facing disruption: positioning mid-corporates for growth in Southeast Asia,” also identifies talent, culture, technology and capital management as key pillars to support the development of these new strategies. This conclusion was reached after examining how transformational shifts, such as trade tensions and the rise of digital … [Read more...] about Mid-sized corporates need new strategies to capitalize on major shifts: Standard Chartered

Farmers requested to foster cadres, increase production (15-10-2005) HA NOI — Prime Minister Phan Van Khai wants the Viet Nam Farmers Association to foster cadres who both win the hearts and minds of farmers and listen to their opinions. The association should also encourage farmers to help with infrastructure and emulate each other’s successes in both production and business, he told a gathering in Ha Noi yesterday to commemorate the 75th anniversary of the organisation’s founding. Mutual help would help reduce the number of poor households and increase the number of prosperous families, he said. The prime minister praised the latest achievements of both the country’s farmers and their association but warned that Viet Nam’s limited agricultural production provided them with major challenges. The country’s agricultural produce was not competitive against either the countries of the region or the world, he said. The prime minister said the Farmers … [Read more...] about Farmers requested to foster cadres, increase production