Vietnam 

Competition in airline industry set to intensify – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Aircraft at Tân Sơn Nhất International Airport in HCM City. Competition in Việt Nam’s aviation sector looks to soar as more new players enter the fray. — Photo vnfinance.vn  HÀ NỘI — Increasing numbers of airlines and aircraft are putting serious pressure on Việt Nam’s aviation infrastructure. As competition for market share and skilled labour intensifies, the Government must take measures to ensure a fair playground and long-term development, said industry experts and authorities. The Civil Aviation Authority of Vietnam (CAAV) has recently approved an air operator’s certificate (AOC) submitted…

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Money 

China corn industry also hit by African swine fever as demand for pig feed drops

Corn accounted for almost 8 per cent of China’s gross domestic product last year and 40 per cent of the country’s overall grain production, but one of the country’s three principle crops is feeling the effects of the African swine fever epidemic as demand for pig feed shrinks, according to industry insiders.Along with wheat and rice, corn is one of the three principle crops in China, meaning the government will take steps to ensure the country’s self-sufficiency as part of its overarching food… Source link

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China 

China’s restaurant industry is booming as young professionals stay hungry amid trade war, slowing economy

Chinese consumers are not allowing trade war uncertainty or a slowing economy to affect their appetite.The country’s food and drinks sector is booming and will become a trillion-dollar industry in the next few years if it continues on its current trajectory. It could soon displace the US as the biggest catering market on the planet.The growth engine is the increasing numbers of young professionals heading out for a late dinner or ordering home delivery after a long day at the office, according… Source link

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Vietnam 

Local hotel industry faces challenge in technology: Savills Vietnam – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The domestic hotel industry will face many challenges during development, especially in the application of technology. Photo tbck.vn HÀ NỘI – The domestic hotel industry will face many challenges during development, especially in the application of technology, according to an expert from Savills Vietnam – a foreign property service provider in Việt Nam. In most countries, three- and four-star hotels are usually popular with domestic tourists, and Việt Nam is the same, said Troy Griffiths, Deputy Managing Director Savills Vietnam. “In this golden age of domestic tourism for Việt…

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Singapore 

Why should parents care about esports? An industry expert explains, Digital, Singapore News

Esports are simply inescapable in 2019. There’s obviously big money in it — a teen scored $4.1 million for being a Fortnite Champ; professional Dota 2 players brought home over $20 million for coming out on top in a global tournament; Razer’s CEO is pledging $10 million to build up Singapore’s esports and gaming industry.  To give you a sense of how serious esports are today, even the Singapore government is getting into an activity once perceived as something that snivelling, antisocial individuals who live in their parents’ basement are…

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Singapore 

Why should parents care about esports? An industry expert explains why gaming holds a lucrative future, Digital, Singapore News

Esports are simply inescapable in 2019. There’s obviously big money in it — a teen scored $4.1 million for being a Fortnite Champ; professional Dota 2 players brought home over $20 million for coming out on top in a global tournament; Razer’s CEO is pledging $10 million to build up Singapore’s esports and gaming industry.  To give you a sense of how serious esports are today, even the Singapore government is getting into an activity once perceived as something that snivelling, antisocial individuals who live in their parents’ basement are…

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Singapore 

Razer CEO to set aside $10m for Singapore’s gaming industry, partly to spite an esports nonbeliever, Digital, Singapore News

You just can’t stop the rise of the global competitive gaming industry as it undergoes constant explosive growth, with esports and gaming culture going mainstream, reaching out to new corners of the market. Closer to home, local professional gamers have been creating ripples in Singapore’s esports scene. Soon, they’ll stand a chance to make some waves globally following a major investment by gaming hardware firm Razer. Min-Liang Tan, the company’s affable co-founder and CEO, today pledged to drop $10 million into his country’s gaming industry across the next 12 months. Whoa.  The massive funding extends to supporting and…

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Vietnam 

Đồng Nai to cooperate with RoK on energy industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vice chairman of the Đồng Nai People’s Committee Nguyễn Hòa Hiệp (right) signs cooperation agreement with Jeollanam Province’s deputy governor Yoon Byung Tae. — Photo baodongnai.com.vn  HÀ NỘI — The southern province of Đồng Nai‘s authorities and delegation from the Jeollanam Province in the Republic of Korea (RoK) on Thursday signed co-operation agreement on energy industry. Under the agreement, the two sides will co-ordinate the development of new renewable energy, smart grids, information on energy and energy technology, and energy efficiency. Jeollanam Province will support Đồng Nai training experts and workers while co-operating…

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Vietnam 

Việt Nam keen to modernise the shipping industry – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Experts from ACS, Active Shipbuilding Experts’ Federation, Asian Ship owners’ Association and research institutes and businesses, shared experience on shipbuilding and shipping industry at the seminar in the northern province of Quảng Ninh. — Photo RV HÀ NỘI — Việt Nam is currently making efforts to modernise shipbuilding and the shipping industry to increase quality with reasonable cost, save energy and minimise pollution. The statement was made by Director of the Transport Ministry’s International Cooperation Department Lê Tuấn Anh at a seminar on the industry jointly held by the Association…

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Home 

China needs ‘five to 10 years’ to catch up in semiconductors, Peking University professor and industry veteran Zhou Zhiping says

Semiconductors represent the cornerstone technology of the information age. These tiny devices power the world’s modern economies by serving as the data-processing brains in a wide range of products, from personal computers and smartphones to cars and spacecraft.Growing trade tensions with the US, however, has exposed the soft underbelly of China’s technological ambitions. Despite hefty investments in the semiconductor industry over the years, China remains dependent on the US for high-end… Source link

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