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Microsoft, Amazon to invest billions in French tech

May 14, 2024 | 09:19

Microsoft on Sunday announced four billion euros in investment for developing data centres in France, joining fellow US giant Amazon in committing to the country's tech infrastructure.

Amazon to invest 9 billion USD in Singapore

May 08, 2024 | 09:49

Amazon said on May 7 it will invest 9 billion USD in Singapore over the next four years to expand its cloud computing capabilities in the island city.

Amazon French warehouses unit fined 32 million euros

January 23, 2024 | 14:51

France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance.

E-commerce’s bumper plans for 2024

December 28, 2023 | 11:15

The rapid growth rate of e-commerce has made Vietnam a potential destination for international platforms.

Nokia sues Amazon in US, India over video patents

November 01, 2023 | 11:00

Finnish telecom giant Nokia said Tuesday it is suing Amazon in five global jurisdictions, including the United States and India, over patent infringements on video-related technologies.

E-commerce boosted to fuel sale of Vietnamese goods

August 10, 2023 | 10:15

The internet economy of Vietnam posted the fastest growth in Southeast Asia, from 18 billion USD in 2021 to 23 billion USD in 2022, according to a recent report on regional economies.

Gilimex suffers record loss after Amazon abruptly scales down orders

July 28, 2023 | 20:09

Amazon's sudden reduction in demand has led to an overcapacity of production for partner company Gilimex, resulting in record losses and a drastic impact on Garmex Saigon's financial situation, leading to significant revenue decline and workforce reduction.

Rosy prospects for online exports

June 21, 2023 | 09:28

More local firms have been joining global e-commerce platforms, leading to beliefs that the country’s online exports could soon break $10 billion in revenue.

Asian stocks mixed ahead of tech earnings results

April 24, 2023 | 10:46

Asian stocks were mixed on Monday following a muted finish on Wall Street last week, with investors holding their breath ahead of key earnings results from US tech behemoths.

Amazon scales renewable energy to fight climate change

February 09, 2023 | 10:09

On February 8, Amazon announced that in 2022 it grew its renewable energy capacity by 8.3GW through 133 new projects across 11 countries.

Google, Apple disappoint as tech earnings hit by gloom

February 03, 2023 | 10:10

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.

Various industries seeing mass lay offs worldwide

November 15, 2022 | 17:45

Thousands of employees in the technology and real estate industries are being cut, as companies curtail ambitions and brace for tough times ahead.

Digital capabilities driving the e-commerce revolution

June 16, 2022 | 13:00

Despite the tumultuous recent years, cross-border e-commerce is accounting for over one-third of Vietnam’s total e-commerce revenues and the number is only expected to grow.

Amazon initiative helps boost cross-border e-commerce in Vietnam

June 08, 2022 | 19:31

The Vietnam e-Commerce and Digital Economy Agency under the Ministry of Industry and Trade and Amazon Global Selling Vietnam on June 8 launched a cross-border e-commerce initiative in the breakthrough era.

Amazon to close Kindle e-bookstore in China

June 08, 2022 | 15:43

US tech giant Amazon said Thursday that it will stop operating its Kindle e-bookstore in China from next year, closing the chapter on a massive consumer market.