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Singapore firms to boost investment in Da Nang

Update: July, 20/2011 - 09:35

DA NANG — Singaporean companies wish to make long-term investments in the coastal city of Da Nang, announced a representative of International Enterprise Singapore, the agency driving this country's external economy.

Reportedly, the Singapore Cruise Centre and the Da Nang Port are taking steps to build a terminal for tourist ships in the Tien Sa Port.

The Da Nang People's Committee has also invited Singaporean companies to establish an industrial zone of their own on 1,200 ha in the city, based on existing infrastructure in the Da Nang Hi-tech Zone.

Military Bank, PTI win prestigious ASEAN awards

HA NOI — Military Bank (MB) was given the title "ASEAN famous brand name" and Post-Telecommunication JS Insurance Company was awarded "Outstanding ASEAN Enterprises" in Vientiane, Laos last Saturday.

The annual "ASEAN famous brand name" award aims to honour innovative entrepreneurs who have produced high-quality products and contributed to economic development in the region.

"Outstanding ASEAN Enterprises" is awarded to a business that has performed well and has made remarkable social contributions.

Vietnamese, Malaysian firms sign IT agreements

HA NOI — A Vietnamese and Malaysian business forum on information technology and communications was held in Ha Noi on Monday.

At the event, businesses from the two countries signed eight co-operative agreements regarding services, transfer of technology, e-commerce, e-government and e-banking.

The event was organised by the Ministry of Information and Communications, the Malaysian Ministry of Science, Technology and Innovation and the Malaysian Embassy in Viet Nam. It gathered more than 100 delegates from 35 leading IT businesses and representatives from relevant ministries of both countries.

Payment service ties up with Malaysian firm

HCM City — A centralised authentication and payment centre will be soon set up following the signing of a Memorandum of Understanding between VietUnion Online Services Corporation, the owner of e-payment intermediary service Payoo, and Secure Metric, a Malaysian provider of digital security technologies.

Under the MoU signed in Ha Noi on Monday, the two sides will jointly develop a safe and convenient transaction system that will act as a single authentication and payment platform for e-commerce, e-bill, e-government, e-tax, e-banking and others in Viet Nam.

This system will also provide solutions for online public services at the fourth level, the highest in the e-government system, including solutions for tax declaration, payment and refund online. — VNS

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