Việt Nam News

Demand for IT security experts is increasing while there is already a short supply, resulting in increasing cyber attacks around the world.

The HCM City government yesterday ordered an investigation into a complaint by a businesswomen that US$1.17 million from her account in Viet Nam Prosperity Joint Stock Commercial Bank (VP Bank) went missing last year.

Investment and asset management company VinaCapital Group has tied up with Shinhan BNP Paribas Asset Management (Shinhan) to provide Vietnamese investment products to the latter’s clients in Korea.

Currently, Austria ranks seventh among the 10 largest importers in the European Union of Vietnamese goods such as footwear, smart phones, electronics and garments, with a turnover of US$2.2 billion in 2015.

Vietnamese businesses should focus more on ASEAN markets to make use of the advantages created by the establishment of the ASEAN Community, Vietnamese Ambassador to Thailand Nguyễn Tất Thành said.

The Cửu Long (Mekong) Delta has great demand for advanced technologies to improve its agricultural production and farm and seafood processing for exports, and so seeks to tie up with countries with technological strengths, according to the Việt Nam Chamber of Commerce and Industry’s Cần Thơ chapter.

Vinamilk, Việt Nam Dairy Products Joint Stock Company, expects to reach its target of becoming one of the top 50 global dairy firms in the next three years after it has shown strong development over the past 40 years.

The Việt Nam’s General Statistics Office reported yesterday that the national consumer price index (CPI), the main gauge of inflation, has recorded a seven-month lowest increase since February this year and the lowest level on a monthly basis over the past 10 years.

Vietnamese shares struggled to stay positive yesterday while foreign investors’ confidence remained low prior to the US central bank’s meeting.

Deputy Prime Minister Vương Đình Huệ has called on all provinces and cities to set up a centre to support businesses, especially small and medium-sized enterprises.

 Foreign direct investment (FDI) of about US$14.4 billion was registered for new and existing projects in Việt Nam in the first eight months

The domestic agriculture industry should restructure and make transparency to develop clean food products, experts said at a seminar on developing clean food held yesterday in Hà Nội.

Hà Nội’s consumer price index (CPI) in August marginally dropped 0.17 per cent from the previous month, the city’s statistics office reported yesterday.

The Government has issued Decree No 73/2016/NĐ-CP on July 1, 2016 detailing the implementation of the Law on Insurance Business. The Decree regulates the establishment and operation of life insurance, non-life insurance, health insurance, reinsurance enterprises and foreign insurer branches.

The PetroVietnam Drilling and Well Services Corporation (PV Drilling) will provide a drilling rig and drilling services for Myanmar from October, PetroVietnam (PVN) said.

Vietcombank expects to invest between VNĐ2 trillion (US$89.5 million) to VNĐ3 trillion in urban bonds issued by HCM City, the bank’s chairman, Nghiêm Xuân Thành, said on August 22.

Việt Nam is likely to intensify scrutiny of income tax paid by foreign workers, a seminar heard in HCM City yesterday.

Indian and Vietnamese gem and jewellery companies, which met yesterday at an event organised by the Indian consulate in HCM City, agreed there is much potential for bilateral co-operation.