Trainer Summit in Hanoi promotes e-learning

They examined how to integrate information security into all dimensions of the business – technology, processes, and behaviours. They also looked at a security and risk management roadmap to support business growth, and methods to measure the value of a business’s information security programmes. They were keen on insightful discussion that keeps governmental agencies, organizations, and businesses updated with leading-edge technology trends and effective information security and risk management solutions to drive strong but yet secured business growth. Security World 2014, themed “Align your information security programs to enable business growth”, aimed to build an effective business networking platform that connects communications and information officials (CIOs), communication security officials (CSOs), and information technology (IT) professionals to discuss and share information security initiatives. Alongside the conference, an exhibition also took place, creating a venue for leading technology corporations to showcase their state-of-the-art security services and solutions in network security, cloud security, identity management, and access control. Security World 2014 is co-organized by General Department of Logistics & Technology - Ministry of Public Security, Vietnam Computer Emergency Response Team (VNCERT) - Ministry of Information & Communications, Vietnam Internet Association, and International Data Group (IDG). According to Kaspersky Security Bulletin 2013, Vietnam was among top countries with highest cyber security threats, ranking 8th in the top 10 rating of leading malware online sources, 6th in top 20 countries with the highest risk of computer infection via internet. The country was placed first in terms of local computer infection levels. Such alarming statistics required…... [read more]

(CPV) - The Vietnam Internet Association on December 21st, 2016, organised the 5th Internet Day titled “How digital content contributes to Internet economy”, drawing the participation of over 500 local and foreign representatives. Under the sponsorship of the Ministry of Information and Communications (MoIC), and main sponsor VNG Company, the event emphasized that a digital economy is an inevitable step for development as the traditional economy is being saturated. According to Mr Nguyen Thanh Hung, MoIC Deputy Minister, the wide application of information technology (IT) in all activities of a digital economy would bring high profits; some countries have defined the digital economy as a new developmental driving force for their socio-economic growth and development, as well as enhancing the national competitive capacity on a global scale. In recent years, the digital content industry in Vietnam has seen remarkable development, playing a more important role in the country’s IT sector. The revenue of the digital content industry increased from USD480 million to USD1.4 billion in the 2008-2014 period with a yearly growth rate of about 20%. The country’s digital content industry attracted more than 4,500 enterprises, creating 70,000 jobs. Until now, Vietnam has built a diverse digital content industry, including online products for education, entertainment and content for mobile devices, Hung said. Besides current search engines Google, Zalo, fb, zing.vn, some “marketable products” such as Lazada, tiki.vn, uber and grab taxi will continue become major trends of development. During his speech, CEO VNG Le Hong Minh said that since 2010,…... [read more]

The wide application of information technology (IT) in all activities of a digital economy would bring high profits, he said. "Many countries have defined the digital economy as a new developmental driving force for their socio-economic growth and development, as well as enhancing the national competitive capacity on a global scale," Hưng said. In recent years, the digital content industry in Vietnam has seen remarkable development, playing a more important role in the country's IT sector. The revenue of the digital content industry increased from US$480 million to $1.4 billion in the 2008-2014 period with a yearly growth rate of about 20%. The country's digital content industry attracted more than 4,500 enterprises, creating 70,000 jobs. Until now, Vietnam has built a diverse digital content industry, including online products for education, entertainment and content for mobile devices, Hưng said. The deputy minister said that the digital economy industry would create favourable conditions to boost and develop the digital content industry to become a key sector of the country's IT industry. With advantages such as young human resources, competitive labor costs, a sharp increase in smart phones and 3G subscriptions and a developing Internet infrastructure, Vietnam was evaluated as one of the potential markets of the digital industry, said Hung. "This is also an opportunity for Vietnamese companies to join the global supply chain of the digital economy in general and digital content supply chain in particular", he added. However, the deputy minister emphasised that the result was not proportional with the…... [read more]

(VOVworld) – Experts said Vietnam’s digital sector has focused more on communications and entertainment rather than education and e-commerce. At a seminar held by the Vietnam Internet Association in Hanoi on Wednesday, Deputy Minister of Information and Communications, Nguyen Thanh Hung, said IT application in all economic areas has created an efficient digital economy without boundaries and led to higher profits. A digital economy will generate more opportunities to turn the digital industry into a spearhead sector: “In order to promote Vietnam’s advantages, network providers have to change their thinking, improve infrastructure, and create more conditions for digital enterprises to develop.”... [read more]

Held jointly by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam-Finland Innovation Partnership Programme, the Vietnam Internet Association (VIA), the Vietnam E-commerce Association (VECOM) and VPBank, the event aims to respond to the Global Startup Week, which is taking place from November 14-20, 2016 in 160 countries with the participation of 10 million people. Delegates at the forum discussed the development of Vietnam’s startup ecosystem, providing services for startup development and startup trends in Vietnam and around the globe and sharing successful startup models. According to Vo Tan Thanh, Vice Chairman of the VCCI, the Party and State always highly appreciate entrepreneurs’ role in society, considering the private sector an important driving force for economic development. Currently, there are about 600,000 active businesses and over 4 million individual household businesses making significant contributions to the country’s development. By 2020, Vietnam aims to have 1 million businesses, of which 500,000 will be in Ho Chi Minh City and 300,000 others will be in Hanoi; the private economic sector’s contributions should account for at least 45% of GDP and 48-49% of total social investment capital. Thanh said that the VCCI was tasked with creating a fair and transparent business environment while facilitating enterprises in the process of international economic integration. For startups, the VCCI is the thirteenth partner of the Global Entrepreneurship Network, so it has undertaken various activities to support startups in the country. Jessica Hilston, a startup expert from the United States, said that the most important thing…... [read more]

OCB cuts deal on fighting money laundering Bao Uyen HCMC – Orient Commercial Bank (OCB) on November 9 morning singed an agreement with Fintek Co Ltd and TESS International to implement an anti-money laundering (AML) project. The AML software system will support the bank to meet international standards to fight money laundering. Models will be used to filter customers, categorizing service users into different lists including the black, warning and ban lists, and detect suspicious transactions that contain inconsistent information and cash transactions and deposits inappropriate to clients’ business. The adoption of the system will help the bank improve its risk management and system transparency and security. OCB plans to apply this system in February next year at all offices nationwide. OCB general director Nguyen Dinh Tung told the signing ceremony on November 9 that the AML project is pivotal in the bank’s strategy to use advanced technology in risk management and money laundering fighting. It is part of the lender’s attempt to meet the Basel Capital Accord II (Basel II) standards. Basel is put forth by the Basel Committee on Bank Supervision. It sets out capital requirements to help bank ensure security in operations. Meanwhile, Basel II alerts banks upon possible risks and sets out stricter requirements on the capital adequacy ratio. In February, the State Bank of Vietnam told 10 banks to follow capital management methods in accordance with Basel II. Le Thi Kim Xuan, head of the Vietnam Banks Association’s representative office in HCMC, told the signing…... [read more]

Internet business to earn VND100 trillion in 2018 Van Oanh By Van Oanh - The Saigon Times Daily HANOI – Vietnam’s revenues earned from services on the Internet will have amounted to nearly VND20 trillion next year and five times that number in 2018, said an industry player at a seminar in Hanoi last week. General director of VNG Corporation Le Hong Minh told the Vietnam Internet Day 2013 organized by the Vietnam Internet Association in Hanoi last week that the Internet-based business has been growing fast in Vietnam in the past decade and many sectors are capitalizing on the Internet rapidly. Total revenues of services using the Internet and Internet services were only VND70 billion in 2004, VND2.6 trillion in 2009, but the amount is forecast to reach VND20 trillion next year. Minh’s company this year is expected to obtain a revenue of VND2 trillion from the Internet. Minh said next year’s Internet revenue of VND20 trillion would include revenues from online games, e-commerce and digital contents. Le Thi Ngoc Mo, deputy director of the Telecommunications Authority under the Ministry of Communications and Information, said that Vietnam currently had 19 million users of mobile Internet and five million fixed broadband Internet subscribers. While Vietnam’s online advertising fetched VND20 billion in 2004 and VND300 billion in 2009, it is estimated to amount to VND2.2 trillion (or around US$100 million) this year. According to statistics of VNG, Vietnam earned VND1.2 trillion in revenues from online games in 2009 and an estimated…... [read more]

4G LTE: New Development Opportunities for Vietnam Telecom Industry “Mobile communication is a robustly growing industry and tremendously benefits socioeconomic development. The Ministry of Information and Communications attaches great importance to developing next-generation broadband mobile communication to have a modern telecommunications infrastructure to serve as the foundation for digital economic development, contributing to change the growth structure, and improve national competitiveness.” This was affirmed by Deputy Minister of Information and Communications Phan Tam at the 4G LTE International Conference 2016, themed: “Leveraging 4G Potentials in the Age of Internet of Things” in Hanoi. The event was held by the Vietnam Internet Association in collaboration with IDG Vietnam Group. Deputy Minister Phan Tam said that 4G networks and mobile services open up great opportunities for Vietnam. Specifically, enterprises, especially small and medium ones, will have opportunities to develop their business in the digital environment anytime, anywhere with a minimal cost, facilitate the seamless connectivity of production values of goods and services, domestic and international distribution, and e-government development. According to a report by the Global mobile Suppliers Association (GSA), 4G LTE subscribers reached 1.29 billion at the end of the first quarter of 2016 and an average of 2 million subscribers a day were activated by mobile networks. Currently, the world has 503 4G LTE commercial networks in 167 countries as of May 2016 (according to GSA). Deputy Minister Phan Tam said VinaPhone was the first carrier in Vietnam to launch 3G services in 2009. To date, major mobile networks have…... [read more]

(CPV) - 4G LTE International Conference 2016 organized by Vietnam Internet Association and International Data Group IDG Vietnam opened on August 18th in Hanoi. The development of 4G LTE plays a vital role in the era of the Internet of Things (IoT) happened in all over the world in general and in Vietnam in particular. Under the theme “Leveraging 4G LTE potentials in the age of IoT”, the conference aims to update, discuss on both opportunities and obstacles encountered by the 4G LTE establishment and development roadmap in the country. It will introduce and evaluate best practices, appropriate management mechanisms as well as outstanding technology solutions for 4G LTE successful involvement via one keynote and two sessions. Keynote session consists of discussions about deploying 4G LTE in Vietnam such as: Roadmap of deploying 4G LTE in Vietnam; Unleashing LTE potentials for Vietnam growth; Crucial considerations in deploying 4G LTE in Vietnam; and 1800 MHZ - Spectrum reframing key to LTE in Mobifone. It also includes an Executive Talks focusing on the discussion of the overall planning, development phases of implementing 4G in Mekong sub-region countries with the participation of telecommunications leaders from Telecommunications Management Agencies, representatives from Qualcomm and consulting expert from Huawei. Session 1 “Optimizing 4G LTE resources and infrastructure” lays emphasis on Policy of spectrum management in Vietnam in the period of 2016-2020; Technology evolution from LTE to 5G; Proposed solutions for 4G LTE network security and experience lesson for cost-effectively invested in 4G LTE. While Session 2…... [read more]

Republic of Korea tops foreign investment in first half of 2016The Republic of Korea was the largest foreign investor in Vietnam in the first six months of the year at US$3.99 billion, equivalent to 35.37% of total direct foreign investment. According to the Foreign Investment Agency, Japan and Singapore came second and third with US$1.229 billion and US$1.129 billion poured into Vietnam respectively. In the first six months of 2016, total new and additional pledges were US$11.284 billion, up 105.4% over the same period last year, while disbursement rose 15.1% to reach US$7.25 billion. Foreign investment was poured into 19 sectors, in which manufacturing remained the most attractive, drawing more than US$8 billion, equivalent to 71.4% of total pledges. Real estate came second with US$604.8 million, while sci-tech ranked third with US$562.3 million. Major projects granted licences in the first half of 2016 were LG’s display manufacturing facility in Hai Phong, Samsung’s research and development centre in Hanoi and a wind farm in Tra Vinh province. Bac Giang exports nearly 63,000 tonnes of lychees to China Bac Giang province had exported nearly 63,000 tonnes of lychees to the Chinese market through border gates in the northern mountainous provinces of Lang Son, Lao Cai and Ha Giang as of June 30. Accordingly, the amount of lychees exported through Lang Son’s border gates reached more than 39,000 tonnes priced from VND35,000 to VND50,000 per kilogramme. Over 20,000 tonnes were shipped through Lao Cai’s border gates with prices ranging from VND35,000 to VND45,000…... [read more]




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