Thursday, February 21, 2019 - 4:58:50

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Industry 4.0 to boost Vietnam’s GDP to 16 percent

Business

Industry 4.0 to boost Vietnam’s GDP to 16 percent

The Fourth Industrial Revolution, also known as the Industry 4.0, has the potential to bolster Vietnam’s economic output by a further 28.5-62.1 billion USD, equivalent to the GDP growth of 7-16 percent by 2030, according to a report by the Central Institute for Economic Management (CIEM).

VinFast, LG Chem cooperate in battery production

Business

VinFast, LG Chem cooperate in battery production

VinFast Trading & Production Ltd. and LG Chem Ltd., a subsidiary of LG Corporation of the Republic of Korea (RoK), on September 7 signed a memorandum of understanding (MoU) on the production of batteries that meet international standards and environmentally friendly criteria.