NOVEMBERASIA BUSINESS OUTLOOK8NEWSROOMDCC LAUNCHES VIETNAMESE BUSINESS COUNCIL TO BOOST TRADE & INVESTMENT TIESTate & Lyle has opened a brand-new, cutting-edge laboratory in Singapore called the Automated Laboratory for Ingredient Experimentation (ALFIE), which represents a major breakthrough in food and beverage research. This innovative facility will revolutionize the product development process and improve speed-to-market capabilities for the company's clients by incorporating robotics for the first time in the industry.Modern automated systems used by ALFIE, a division of Tate & Lyle's Customer Collaboration and Innovation Centre, speed up ingredient design and improve testing precision. With the support of sophisticated predictive modeling, this multi-million-pound investment allows the lab to conduct characterization tests up to ten times faster than with conventional techniques. In order to speed up customer innovation cycles, the facility has two fully integrated robotic systems that facilitate data flow and allow for quick ingredient sampling and modeling.The Singapore lab was established with assistance from the Singapore Economic Development Board (EDB) and serves as the company's research and development center for the Asia-Pacific area. Scientists in Singapore and the US may collaborate across continents because to this facility's virtual connection to Tate & Lyle's Innovation Centre in Hoffman Estates, close to Chicago. Dubai Chamber of Commerce (DCC) has introduced the creation of the Vietnamese Business Council to aid in increasing bilateral trade and investments. The announcement was issued during the Vietnam­UAE Business Forum held in Dubai, organized by the Ministry of Planning and Investment of Vietnam and the Embassy of Vietnam in the UAE in partnership with Dubai Chambers.More than 100 government and business leaders, including the Prime Minister of Vietnam and UAE Minister of State for Foreign Trade, attended the first event. Dubai Chambers' Chairman and President, along with officials, business figures, and investors from Vietnam and Dubai, were also present.The forum discussed methods to improve economic collaboration and boost mutual investments in key industries, particularly highlighting possibilities in the green economy, digital transformation, and innovation. It led to the execution of several key memoranda of understanding (MoUs) between prominent organizations in each country.An agreement was made between Vietnam Airlines, Etihad, and Emirates airlines to collaborate in the aviation industry; DP World and Vietnam Maritime Corporation agreed to improve Can Tho Port and inland waterways; VinGroup partnered with Benya Group, NDMC with Abu Dhabi Port to enhance data and logistics infrastructure; Vinfast and Emirates Driving Company agreed to work together on electric vehicle production; T&T Group and Golden Nile formed an agreement in finance, agriculture, and services. TATE & LYLE UNVEILS AUTOMATED INGREDIENT EXPERIMENTATION LAB IN SINGAPORE
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