Siemens has appointed Pham Thai Lai as the new CEO of Siemens ASEAN and Singapore, effective from November 1.

Vietnam, with a high-quality labor force which can satisfy requirements of the digital revolution, deserves to be a partner for foreign companies to team up to develop smart factories.

 Vietnamese FPT Corp and German Siemens are expected to sign a strategic co-operation agreement on digital human resources training in July.

 German industrial giant Siemens plans to cut 4,500 jobs, or about 1% of its total global workforce, months after it announced plans to slash more than 7,000 jobs.

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 German engineering giant Siemens said Sunday it plans to slash 15,000 positions worldwide by late next year as part of a cost-cutting programme, including 5,000 in its home country.