Showing posts with label ALPHABET INC. Show all posts
Showing posts with label ALPHABET INC. Show all posts

Tuesday, 17 September 2019

As companies struggle to get going, is Vietnam throwing away trade war win?

More and more businesses are complaining about congested ports and roads, rocketing costs for land and labor, and regulations that aren’t being loosened fast enough
Can't take a bite: Vietnam becomes victim of own success in trade war
Vietnam is finding it’s hard to win a trade war even when businesses are trying to hand you victories. The Southeast Asian growth engine has a young and growing middle class, a horde of free-trade agreements, and a booming manufacturing industry. Businesses from Alphabet Inc’s Google to Crate & Barrel Holdings Inc. are lining up to invest in the country as supply chains migrate from neighboring China, which served as the world’s factory for the better part of two decades.
But Vietnam is starting to see expectations outrun reality. More and more businesses are complaining about congested ports and roads, rocketing costs for land and labor, and regulations that aren’t being loosened fast enough. Tapestry Inc, owner of the Coach and Kate Spade brands, has lamented insufficient infrastructure investment that’s left some containers stalled on the waters. Eclat Textile Co, a supplier to Nike Inc, says it needs to diversify beyond Vietnam, including to cheaper locations.
If Vietnam isn’t able to fast-track progress in closing its infrastructure gap, it risks losing its “mini-China” status that has drawn so many of Bain & Co.’s toy-supplier clients there since 2015, said Gerry Mattios, Bain’s Singapore-based vice president. Costs could outweigh the benefits, sending producers to the likes of Sri Lanka or Cambodia, he said..

Monday, 20 May 2019

Huawei may lose access to Google Android OS, apps after Trump blacklist

Huawei will continue to have access to the version of the Android operating system available through the open source license
Exclusive: Google suspends some business with Huawei after Trump blacklist - source
Technology News: Letters in order Inc’s Google has suspended business with Huawei that requires the exchange of equipment and programming items aside from those secured by open source licenses, a source near the issue told Reuters on Sunday, in a hit to the Chinese innovation organization that the US government has looked to boycott far and wide.
Huawei Technologies Co Ltd will quickly lose access to updates to the Android working framework, and the following variant of its cell phones outside of China will likewise lose access to prominent applications and administrations including the Google Play Store and Gmail application.
Subtleties of the particular administrations were all the while being talked about inside at Google, as indicated by the source. Huawei lawyers are likewise concentrating the effect of the US Commerce Department’s activities, a Huawei representative said on Friday. Huawei was not quickly reachable for further remark. Agents of the US Commerce Department did not promptly have remark.
Huawei will keep on approaching the variant of the Android working framework accessible through the open source permit that is uninhibitedly open to any individual who wishes to utilize it. Be that as it may, Google will quit giving any specialized help and joint effort for Android and Google administrations to Huawei going ahead, the source said. On Thursday the Trump organization authoritatively added Huawei to an exchange boycott, quickly sanctioning limitations that will make it incredibly hard for the innovation monster to work with US organizations.

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...