Author: Kevin Le

GUANGDONG, CHINA – Media OutReach Newswire – 31 August 2024 – On August 26, 2024, Viomi Technology Co., Ltd (NASDAQ: VIOT) issued its first half of 2024 unaudited financial results. Based on the financial report, the net revenues were US$143.1 million, net income attributable to ordinary shareholders of the Company was US$0.8 million. According to the management’s preliminary estimates, excluding the divested businesses, the estimated revenues from the remained businesses, mainly home water solution businesses and others, were more than US$110 million, with an estimated income from operations of more than US$7 million for the first half of 2024. In…

SINGAPORE – Media OutReach Newswire – 30 August 2024 – AIA Singapore and Singapore University of Social Sciences (SUSS) today launched Singapore’s first Minor in Insurance Fundamentals as part of a newly signed Memorandum of Understanding (MoU) between both parties. This programme aims to cultivate and expand the pool of future-ready talent for the insurance industry. It represents the inaugural collaboration between a Singapore university and an insurer to develop a joint training programme. Pictured from left to right: Wong Sze Keed, Chief Executive Officer of AIA Singapore, Mrs Mildred Tan, Chairman of SUSS Board of Trustees and Independent Non-Executive…

HANOI, VIETNAM – Media OutReach Newswire – 30 August 2024 – Vietnam’s economy is revving up, with foreign investment pouring into the Southeast Asian nation. In the first seven months of 2024, total registered foreign direct investment (FDI) surged 10.9 percent to $18 billion, while new investments soared by 35.6 percent to nearly $10.8 billion. The World Bank has praised Vietnam’s economic resilience, noting its steady growth trajectory. The country’s per capita income has outpaced many regional rivals, a testament to its growing economic clout. Vietnam’s economic ascent is also fueling the growth of domestic conglomerates. Vingroup, the nation’s largest…

HEFEI, CHINA – Media OutReach Newswire – 30 August 2024 – “Smart Manufacturing, Creating a Better Future” — the 2024 World Manufacturing Convention is scheduled to take place from September 20 to September 23 in Hefei, Anhui Province, China. This year’s convention will focus on the new stage of development, fully embracing new development strategies, and integrating into the global economic landscape. The convention aims to establish itself as a vital platform for promoting the growth of emerging industries, advancing future industries, and accelerating the development of innovative production capabilities. It will contribute significantly to building a stronger manufacturing sector…

SINGAPORE – Media OutReach Newswire – 30 August 2024 – Vizzio Technologies Pte Ltd has been awarded a groundbreaking patent by the United States Patent and Trademark Office (USPTO), marking a significant milestone in the field of 3D city mapping. This world-first patent recognises Vizzio Technologies for its innovative integration of 2D satellite imagery and state-of-the-art AI technology to produce highly detailed and geometrically accurate 3D city models. The patent, granted exclusively to Vizzio Technologies, encompasses 15 novel methods and claims that outline their unique process of converting 2D satellite images into comprehensive 3D city models. This pioneering technology eliminates…

GUIYANG, CHINA – Media OutReach Newswire – 29 August 2024 – The China International Big Data Industry Expo 2024 opened on Wednesday in Guiyang, southwest China’s Guizhou Province, attracting over 21,000 guests and 414 domestic and international companies to participate. People walk outside the venue of the China International Big Data Industry Expo 2024 in Guiyang, southwest China’s Guizhou Province “After a decade of development, the expo has emerged as a crucial platform in the country’s data field, leading innovation trends, showcasing industry achievements and promoting opening-up and cooperation,” Liu Liehong, head of the National Data Administration, said at the…

Results Highlights Revenue and net profit grew 80.2% to US$163.35 million and 610.6% year-on-year to US$11.1 million respectively, hitting first-half year historical high Revenue from beauty products, in particular Korean beauty (“K-Beauty”) products, increased 113.9% to US$149.4 million, contributing 91.4% of the Group’s total revenue While the US remained as the largest market, European Union became the largest contributor to the revenue growth of the Group with a growth rate of 114.1%; sales in the EU contributed 30.5% to the Group’s revenue, reaching US$49.8 million The Middle East and Latin America also demonstrated strong growth momentum, with growth rate of…

HANOI, VIETNAM – Media OutReach Newswire – 29 August 2024 – The race to dominate the electric vehicle market has begun, and VinFast, a subsidiary of Vingroup, Vietnam’s largest private conglomerates, is sprinting to the front. VinFast EV manufacturing complex in Hai Phong, Vietnam The company’s founder, Pham Nhat Vuong, once declared, “The growth of electric vehicles will be inevitable,” underscoring VinFast’s resolute belief in the electric future. This conviction has been the cornerstone of the company’s strategy, propelling it into a global race where establishing a foothold in emerging markets is paramount. In the still-young EV landscape, the even…

HONG KONG SAR – Media OutReach Newswire – 29 August 2024 – As part of DFI Retail Group’s (DFI) efforts to foster diversity, equity and inclusion (DE&I), DFI is proud to announce the successful conclusion of its Cross-Company Diversity Summer Internship Programme. This 5-week programme provides students from underrepresented backgrounds with real-life work experiences and robust network, to deepen their knowledge in different industries and help their career path in the future. Additionally, the initiative underscores the Group’s strategic focus on creating a more inclusive and respectful workplace whilst retaining and attracting top-tier talent. Group photo at the closing ceremony…

HANOI, VIETNAM – Media OutReach Newswire – 29 August 2024 – Vietnam’s captivating blend of natural beauty, rich culture, and world-class hospitality has made it a prime destination for Indian tourists seeking a luxurious escape. Vinpearl, renowned for its innovative approach and rapid development, is ideally positioned to capitalize on this growing trend. As Vietnam’s tourism industry continues to thrive, Vinpearl’s role as a leading real estate developer becomes increasingly pivotal in solidifying the country’s reputation as a premier destination for travelers. Vinpearl Resort and Spa Ha Long In a testament to Vietnam’s burgeoning appeal as a luxury travel destination,…