When we started talking about cloud computing five years ago, it meant one thing: Services such as Amazon or Salesforce that customers could self-provision over the Internet and pay as they go. That’s what we call the “public cloud” today, as opposed to the “private cloud”, which refers to the application of public cloud technologies and practices to one’s own data center. And guess what? The public cloud was where the action was in 2012 — and it’s where much of the action is going to be in 2013. According to IDC, businesses will spend $40 billion on the public cloud this year, rising to nearly $100 billion in 2016. Despite that rapid growth, public cloud dollars still represent a small fraction of the trillions of dollars devoted to IT globally every year. The data center isn’t going anywhere — but it needs the greater efficiency and agility the private cloud offers. The question of the day is whether the private cloud … [Read more...] about 2012: The year cloud computing took a bite out of IT
Co op contract of sale
Links between farm co-ops and enterprises on the rise
Linkages among farm co-operatives, and between co-operatives and enterprises, are on the rise in the domestic agriculture sector as it adapts to international integration, explained a recent Oxfam report. — Illustrative VNA/VNS photo HA NOI (VNS) — Linkages among farm co-operatives, and between co-operatives and enterprises, are on the rise in the domestic agriculture sector as it adapts to international integration, explained a recent Oxfam report. The report - a study of 360 farming households conducted by Oxfam Viet Nam and the local-based Institute of Research and Consultancy on Development – was released at a conference on Thursday. About 85 per cent of farmers in the study said that co-operation between farmers increased cohesion, and reduced unfair competition and self-lowering their prices. The study pointed out the new partnership trends after finding shortcomings in developing the national agriculture sector. At the conference, Nguyen Van Thuc, one of … [Read more...] about Links between farm co-ops and enterprises on the rise
Children mistakenly injected with water instead of vaccine
Children mistakenly injected with water instead of vaccine In Dong Thap Province, 60 children were mistakenly injected with distilled water instead of rubella vaccine. The Dong Thap Department of Health confirmed that six bottles of distilled water had been used instead of the vaccine at a kindergarten. Although it did not result in any reported harmful effects, the department did place blame for the mistake on an inexperienced staff member who, they said, forgot to mix the vaccine powder with water before injection. The provincial Department of Health held a joint press conference with local officials to explain the incident and make a public apology to the families. The staff member who gave the shots was also susupended by the Health Centre of Cao Lanh City. An estimated 23 million Vietnamese children between the ages of 1 and 14 will be vaccinated against measles and rubella following the launch of the largest-ever nationwide vaccination campaign starting from September 15. The … [Read more...] about Children mistakenly injected with water instead of vaccine
Dairy companies resume production of condensed milk
VietNamNet Bridge – Dairy producers have stepped up production of condensed milk following a slowdown in growth from 2009 to 2014. At its peak, about 312 million cans of condensed milk were being produced by domestic companies a year prior to the slowdown, while foreign-invested enterprises in Vietnam produced 92 million cans a year. The growth rate for production during this period was about 10 percent a year. However, growth slowed in 2009-2014 to 3 percent per annum, the lowest growth rate among dairy products. The slower sales were attributed to changes in the taste of urbanites, who prefer fresh milk. This trend was confirmed by a report from Habubank Securities that showed the sweetened condensed milk market was saturated with a low CAGR (compound annual growth rate) of 3 percent. Such limited growth apparently dissuaded Vinamilk, which holds 79 percent of the market share, and Dutch Lady, with 21 percent of the market, from increasing investment in condensed milk. … [Read more...] about Dairy companies resume production of condensed milk
Prime Time of Supermarket
Prime Time of Supermarket In the past 10 years, purchasing power at traditional markets has been dropping year after year while modern-styled supermarkets have witnessed annual revenue growth of 19 - 27 percent. Saigon Co.op has even seen the yearly growth of 40 - 45 percent. Guaranteeing quality A representative for a market research company pointed out that a consumer in Ho Chi Minh City averagely increased the spending for supermarket shopping from VND627,000 a year (in 2005) to VND1.5 million (in 2011). His company conducted a survey into 1,000 consumers in HCM City. More than 80 percent of respondents go to supermarkets every week, compared to just 12 percent 10 years ago. Saigonese changes in shopping habits strongly shaped business structures of supermarkets. Foods now account for 56 - 57 percent of supermarket sales. Ms Bui Hanh Thu, Deputy General Director of Saigon Co.op Mart - a top supermarket chain in the country, said sales of fresh foods increase 40 - 50 percent a … [Read more...] about Prime Time of Supermarket