International News
Apple Transfers Key iPad Engineering Resources to Vietnam
In a strategic move, Apple is reportedly channeling product development resources for its iPad to Vietnam, marking a significant shift in its global manufacturing landscape. Collaborating with China’s BYD, a pivotal iPad assembler, Apple is set to transfer New Product Introduction (NPI) resources to Vietnam—an unprecedented move for a core device, according to sources briefed […]
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Excluding China, India Leads Coal Power Surge in Asia Followed by Vietnam & Indonesia
India, excluding China, is spearheading the construction of new coal-fired power capacity in Asia, boasting an impressive 31.6 gigawatts (GW) in progress. This substantial figure is part of the broader 67 GW currently under construction in the region, with Indonesia and Vietnam making notable contributions, the Global Energy Monitor (GEM) reported in July 2023. The […]
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Thailand’s EV Brand Launches First Production with 20,000 Annual Capacity
Embarking on a significant milestone in its global growth strategy, Hozon Auto’s electric vehicle (EV) brand, Neta, commenced production at its inaugural overseas factory in Thailand on 30 November, exceeding initial expectations. The Thai facility, with an annual production capacity of 20,000 units, symbolizes Neta’s commitment to strengthening its foothold in right-hand drive markets. The […]
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Tesla’s Cybertruck Hits the Roads: Deliveries Commence End November After 2-Year Wait
In a much-anticipated move, Tesla initiated deliveries of its groundbreaking Cybertruck on Thursday 30 November, officially venturing into the competitive pickup market in Austin, Texas, according to The Guardian on 1 December 2023. Priced between US$60,990 and US$99,990 for its three variants, Elon Musk, Tesla’s CEO, confidently asserted that the Cybertruck offers “more utility than […]
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118 Nations Commit to Tripling RE Capacity by 2030 at COP28, China and India Yet to Sign
In a landmark move at the 28th Conference of the Parties (COP28) to the UN Framework Convention on Climate Change in the United Arab Emirates (UAE), 118 countries have pledged to triple global renewable energy capacity by 2030. The ambitious commitment, announced as part of the Global Acceleration for Decarbonization initiative during COP28 in Dubai, […]
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Vietnam’s Ceramic Industry Soars: Ranks Among Top 10 Global Producers
In a remarkable achievement for Vietnam’s construction sector, Deputy Minister of Construction Nguyen Van Sinh announced that the country has secured a prestigious spot among the world’s top 10 construction ceramic producers. Notably, Vietnam stands out as the world leader in ceramic tile output, claiming the impressive fourth position globally. This revelation, reported by vietnam.postsen.com […]
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Ambitious Reusable iSpace Chinese Rocket Test Successfully Launched
China’s leading private space company, Beijing Interstellar Glory Space Technology Ltd., commonly known as iSpace, achieved a milestone on 2 November 2023 according to Space News. The company successfully launched and safely landed a test article known as the Hyperbola-2Y single-stage hopper at the Jiuquan Satellite Launch Centre, a significant step towards China’s ambition to […]
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WWF: Mekong Sand Running Out Due to Construction
A World Wildlife Foundation report has warned that sand in the Mekong Delta in Vietnam may run out by 2035 with catastrophic impacts on ecosystems due to a combination of huge demand in the country’s construction sector and the installation of hydroelectric dams. The WWF report “Sand Budget for Vietnam Mekong Delta” tracked the use […]
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Results of Biden-Xi Summit Promise a Pivotal Turn for Global Economic Harmony
In a historic face-to-face encounter, U.S. President Joe Biden and Chinese President Xi Jinping convened on 15 November 2023, on the sidelines of the Asia-Pacific Economic Cooperation conference near San Francisco. This landmark meeting, their first in a year, carried significant implications for the global economy. “We have to ensure that competition does not veer […]
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Thailand to Invest US$27 Billion in 100km Flyover Linking Two Oceans
In a groundbreaking shift from the initial $27 billion Thai Canal Dredging project, the new Thailand government, led by Prime Minister Srettha Thavisin, is steering towards a colossal infrastructural endeavour. The transformative initiative involves the construction of a 100-kilometre flyover connecting the Pacific Ocean to the Indian Ocean at Kra Isthmus, abandoning the contentious Kra […]
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