News and insights from Vietnam
When you’ve got talent and commitment, it’s not just where you’re from, but where you’re going that inspire others. That’s why a story like that of Thaison Nguyen, a Vietnamese-American employee at GE and ex-U.S. Navy officer, presents such a worthwhile lesson.
Vietnam is rapidly making its mark as one of the prominent leaders in renewable energy. Equipped with strong and diverse sources of clean energy, Vietnam is forecasted to be on its way to a booming future in driving its economy with renewables. GE takes a look into Vietnam’s challenging tasks in powering its economic growth through sustaining its alternative energy to achieve a cleaner path for the country.
The two companies will work together to improve Vietnam’s healthcare standards in all areas, including human resources, medical equipment, science and technology application, and affordability, which would ultimately optimize value for patients.
These are key points claimed by GE Healthcare and Vinmec in the signing ceremony held in December 12th. The partnership will focus on two prime segments: cardiology and oncology.
“Technology jobs are for men” – this outdated yet still prevalent prejudice has been creating an invisible occupational barrier for women in many countries. As the world is witnessing unprecedented advancements in the digital era, demand for qualified STEM personnel is predicted to increase exponentially. However, among the major tech giants, women currently make up only 13-24% 13-24% of the tech-related jobs, and 17-30% ascending to leadership positions. According to Cisco, Vietnam is forecasted to experience a shortage of 500,000 IT engineers by 2020.
The recent "Powering Vietnam" conference marks the global debut of GE Energy Ecosystem - an interconnected system of digital and industrial technologies covering GE’s full range of energy solutions from power generation to digital solutions, storage technology, and financing, all empowered by a digital thread. These holistic innovative solutions from GE will help Vietnam achieve three urging energy goals: Affordability, Reliability, and Sustainability through the processes of Digitization, Decentralization, and Decarbonization.
As recently as the 1990s, it wasn’t unusual to walk into a home in Vietnam and find people living without electricity. Children did homework by the light of oil lamps and candles, and parents cooked over open fires or on small gas stoves.
Developing new power plants to meet strong demand for reliable, sustainable, affordable energy, and sourcing capital to fund these, are some of the most pressing priorities for Vietnam in the near term future. While there are no clear-cut solutions to this challenge, we look at some of the innovative technologies, and flexible finance solutions available today that could make a difference in Vietnam.
GE and Baker Hughes agreed to combine GE Oil & Gas and Baker Hughes to create a world-leading oil and gas technology and services provider. The new name of the company will be Baker Hughes, a GE Company.
On May 23, on the occasion of US President Barack Obama’s visit to Vietnam, GE and the Ministry of Industry and Trade signed an agreement to develop new wind farms with a total capacity of 1,000 megawatts by 2025. Jérôme Pécresse, president and CEO of GE Renewable Energy, talked to VIR’s Hoang Anh about how GE’s co-operation with the ministry is going to help Vietnam utilise its substantial wind resources to meet the nation’s energy demand.