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Apple raked in record $15.8B in services revenue during Q1

January 27, 2021 by appleinsider.com

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. The first fiscal of 2021 marks the first time in nine quarters that Apple's Services segment increased revenue by more than 20 percent. Apple Music In Apple's quarterly earnings announcement on Jan. 27, the company announced Services revenue of $15.8 billion for the final three months of 2020, representing a 24% increase over the same period in 2019. "The steep integration of hardware, software and Services have always defined our approach here, and it has delivered an all-time quarterly Services record," Apple CEO Tim Cook said on the earnings call. "This was the first quarter of the Apple One bundle, which brings together many of our great Services into an easy subscription, and with new content being added to these services every day, we feel very optimistic … [Read more...] about Apple raked in record $15.8B in services revenue during Q1

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State budget revenues on the rise despite hurdles

October 19, 2006 by vietnamnews.vn

State budget revenues on the rise despite hurdles (19-10-2006) Ha Noi — State Budget revenue for the year has exceeded targets despite difficulties caused by natural calamities and dramatic changes in the world market, the National Assembly Economic and Budgetary Committee said on Tuesday. In the context of disruptive changes in the world oil market, the Government had already put in place measures to cope with the negative impacts on production and the public. In the report addressed to the Assembly’s 10th meeting, the committee said that State revenue in 2006 had amounted to VND20,700 billion (US$1.29 billion). The committee went on to applaud the efforts of State offices, businesses, tax collection units and people nation-wide, for the healthy state of national coffers. However, two major tax generators had not reached targets with foreign-invested businesses (excluding crude oil) and petrol taxes reaching only 87.9 and 88 per cent of estimates respectively. … [Read more...] about State budget revenues on the rise despite hurdles

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APEC looks to new strategies to finance health care services

August 25, 2017 by vietnamnews.vn

APEC 2017 a comprehensive success: Deputy PM Phạm Bình Minh Đà Nẵng Declaration stresses multilateral trade, inclusive growth 2017 APEC Ministerial Meeting Joint Ministerial Statement The 25th APEC Economic Leaders’ Meeting adopts Đà Nẵng Declaration APEC needs to bolster its leadership The APEC High-Level Meeting on Health and the Economy focused on strategies to secure health care financing for community health programmes. —VNS Photo Gia Lộc Viet Nam News HCM CITY — More effective strategies for health financing are needed to improve community health and promote sustainable development in APEC economies, said senior officials at the 7 th APEC High-Level Meeting on Health & the Economy held yesterday in HCM City. The meeting, held within the framework of APEC’s Senior Officials Meeting (SOM 3), discussed the challenges faced by APEC economies in raising sufficient public revenue for health care and achieving a good rate of return on … [Read more...] about APEC looks to new strategies to finance health care services

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Healthcare funds won’t run out

October 14, 2016 by vietnamnews.vn

A medical examination in Tăng Tiến Commune’s health station in Bắc Giang Province. The province has invested nearly VNĐ13,000 billion to implement national target program ’New Rural Construction.’ - VNA/VNS Photo Vũ Sinh Viet Nam News HÀ NỘI – Two senior officials pledged on Wednesday that national healthcare and social insurance funding will not run out, but cautioned that appropriate reforms and adjustments were needed. Bùi Sỹ Lợi, Vice Chairman of the National Assembly Committee on Social Affairs, and Phạm Lương Sơn, deputy general director of Việt Nam’s Social Insurance Organisation (SIO), delivered the promise at a seminar on “Solutions for effective management of Healthcare and Social Insurance Funds.” However, Lợi said that if the current situation is not remedied, one cannot rule out the possibility of social insurance and healthcare funds going insolvent by 2019 and 2037. The current healthcare contribution required of each card-holder is 4.5 per … [Read more...] about Healthcare funds won’t run out

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Hospitals running out of patients

May 5, 2018 by vietnamnews.vn

Patients are treated at Bình Tân District Hospital’s intensive care department. — VNS Photo San Hà Viet Nam News San Hà HCM CITY — Financial and managerial autonomy for public hospitals has yielded positive changes, but district hospitals have seen limited benefits and face new challenges. In October of last year, the Government granted managerial and financial autonomy to public hospitals in HCM City with the aim of improving performance and reducing the burden on the Government’s budget. Improvements have included upgraded facilities, and better medical techniques and service quality. Nguyễn Văn Mười, director of Bình Tân District Hospital, said they had gained positive results from the implementation of full autonomy since the fourth quarter of last year. Located at the gateway to the Cửu Long (Mekong) Delta region and five industrial parks in the district, the hospital can treat a large population of patients, with insured patients accounting for a majority, … [Read more...] about Hospitals running out of patients

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Cashless payment helps prevent corruption: deputy PM

June 11, 2019 by english.thesaigontimes.vn

Cashless payment helps prevent corruption: deputy PM The Saigon Times Daily Deputy Prime Minister Vuong Dinh Hue (2nd L) is seen at the workshop on noncash payment service development in HCMC today, June 11 - PHOTO: VGP HCMC – Cashless payments will help bolster transparency in transactions, thereby facilitating the nation’s fight against corruption, money laundering and economic offenses, said Deputy Prime Minister Vuong Dinh Hue. Speaking at a workshop titled “Cashless society: Policy and reality in Vietnam,” held by the State Bank of Vietnam, the Ministry of Information and Communications and Tuoi Tre newspaper in HCMC today, June 11, Hue stressed the need to strengthen and deploy plans that support the development of cashless payment systems in Vietnam. “On the flight here to attend the event, I read articles about parents who must travel a long way to pay school fees for their children, even queuing up to make payments in cash. It is a waste of time and … [Read more...] about Cashless payment helps prevent corruption: deputy PM

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PM affirms resolve to curb inflation

August 1, 2018 by vietnamnews.vn

Technicians assemble a blade for a wind turbine that belongs to the Đầm Nại wind power project in the coastal southern central province of Ninh Thuận. The project is playing a big role in the socio-economic development of the province. — VNA/VNS Photo Công Thử Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has reiterated the Government’s resolve to control inflation, noting that although the consumer price index (CPI) in July fell slightly from the previous month, the pressure of rising inflation remains considerable. The PM was chairing the Government’s monthly meeting in Hà Nội yesterday to review the socio-economic situation in July and the first seven months of 2018. He said the socio-economic situation in July was better than in June when inflation was controlled well with the CPI down 0.09 per cent after surging in the two previous months. Though there remain a number of difficulties, Phúc asserted that the Government would try to keep this year’s … [Read more...] about PM affirms resolve to curb inflation

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City asked to clean up its act, pay workers

July 10, 2017 by vietnamnews.vn

Sanitation workers in HCM City collect water hyacinth from the Nhiêu Lộc - Thị Nghè canal to let it flow more freely. — VNA/VNS Photo Hoàng Hải Viet Nam News HCM CITY — Thousands of sanitation workers in the southern metropolis of Hồ Chí Minh City are finding their work particularly unrewarding, now more than ever, as they have been working practically without pay since the end of last year due to the dire financial difficulties of their employers. A number of such firms say they have no money to pay their employees, let alone to carry out maintenance of garbage trucks and equipment, the Lao Động (Labour) newspaper reported. According to Trần Thanh Tòng, Director of the Single-member District 12 Public Service JSC (operating in District 12 of HCM City), the firm has sent 10 official dispatches to concerned authorities, asking them to cover its costs to no avail. In April, Đậu An Phúc, vice chairman of District 12 People’s Committee, appealed directly to the city’s … [Read more...] about City asked to clean up its act, pay workers

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A challenge for the pandemic fight

October 11, 2020 by english.thesaigontimes.vn

A challenge for the pandemic fight By Le Thach Anh Nearly 80% of international visitors came to Vietnam by air, much higher than the world’s average of 58%, according to the United Nations World Travel Organization - PHOTO: LE ANH Since the outbreak of the Covid-19 pandemic in Vietnam, Prime Minister Nguyen Xuan Phuc has repeatedly laid emphasis on the dual task of fighting the pandemic and ensuring socio-economic growth. This has posed a complex question for the related authorities: When to reopen international air routes? The reopening of the door to the world will be an important driver for the resumption of economic life, especially for international tourism. However, the move will bring about risks for the fight against the Covid-19 pandemic in Vietnam. The pandemic is developing very complicatedly in the world with rising infections while the vaccine against Covid-19 has not yet been commercialized. Many countries have reopened their doors to the outside … [Read more...] about A challenge for the pandemic fight

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Toyota Vietnam hits new record high for auto sales, parts exports

January 18, 2019 by english.thesaigontimes.vn

Toyota Vietnam hits new record high for auto sales, parts exports By Hung Le Workers check a car at a Toyota Vietnam service facility in HCMC. Toyota Vietnam established a new record for automobile sales and automobile parts exports in 2018 – PHOTO: HUNG LE HCMC – Toyota Vietnam announced that it had set a new record in revenue for auto parts exports and auto sales last year. The company sold 65,856 cars in the local market and posted US$71 million in export revenue for automobile accessories, both rising 11% year-on-year. Its automobile sales, excluding Lexus units, were remarkable, though the local automobile sector underwent a hardship in 2018, raising its total accumulative sales to over 510,000 cars. Of this, its locally assembled vehicles exceeded 52,000 units, up 27% versus that of 2017. Toyota Vietnam mainly exports automobile parts, such as antennas, exhaust gas recycle valves and acceleration pedals, to 13 countries and territories, including India, … [Read more...] about Toyota Vietnam hits new record high for auto sales, parts exports

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