Cross border payments using blockchain

Experts at the workshop. — Photohanoimoi.com.vn Recognising that cyberattacks targeting the ICT supply chain are increasing, experts said that organisations in Việt Nam needed to be prepared to respond by sharing and updating knowledge about this form of attack. The Authority of Information Security under the Ministry of Information and Communications and the security firm Kaspersky co-organised a workshop titled “ICT Supply Chain Cyber Resilience” in Hà Nội on Thursday. The workshop aimed to support and prepare the country to respond to cyberattacks on the ICT supply chain. “Cyberattacks on the supply chain have grown strongly during the COVID-19 pandemic period and are expected to increase in the near future as well as the appearance of organisations and enterprises providing cyber attack weapons,” said Nguyễn Thành Phúc, director of the Authority of Information Security. “Therefore, sharing and updating knowledge related to this type of attack will help organisations … [Read more...] about Vietnamese businesses need preparation to respond to cyberattacks on ICT supply chain

This information was announced by the Vietnam Software and IT Services Association (VINASA) and the Vietnam Blockchain Union (VBU) at a recent press conference. The Vietnam Blockchain Summit is oriented to become a prestigious annual destination in the chain of events of the regional and international Blockchain market. Blockchain has become a pioneering technology and increasingly popular all over the world. It bears wide applicability in almost all sectors and fields. According to Fortune Business Insights, the global Blockchain market was valued at 4.67 billion USD in 2021. It is projected to grow from 7.18 billion USD in 2022 to 163.83 billion USD in 2029, exhibiting a compound annual growth rate (CAGR) of 56.3 percent. Vietnam is seen as a bright spot on the world technology map. Many Vietnamese projects have attracted more attention and investment from organizations and individuals around the globe. Addressing the press conference, VINASA’s Deputy Chairwoman cum General … [Read more...] about Vietnam Blockchain Summit 2022 to be held in late-July

It is the information stated in the Government's report No.174/BC-CP sent to the NA to prepare for the third session. According to the report, in case Resolution No.42 cannot continue to be implemented, the volume of bad debts determined under Resolution No.42 that has not been resolved, including newly arisen bad debts, is expected to reach VND430 trillion ($18.6 billion) at the end of 2022 and VND443 trillion at the end of 2023. After handling a large number of bad debts in 2018 and 2019, the bad debt settlement speed in 2020 and 2021 tended to slow down due to the impact of the Covid-19 pandemic on the financial situation. Therefore, to continue to achieve the goal of handling and controlling the bad debt ratio of the system of credit institutions in the coming time is a big challenge for the banking industry, requiring the participation of the political system, the close coordination of ministries, agencies, and localities in implementing solutions on handling bad debts, … [Read more...] about Unresolved bad debt remains at high level

Vietnamese Ambassador to Venezuela Le Viet Duyen (third, right) and UNEFA Rector Pascualino Angiolillo at the launching ceremony (Photo: VNA) Addressing the launching ceremony, Vietnamese Ambassador to Venezuela Le Viet Duyen thanked the UNEFA for organizing the event. He stressed that President Ho Chi Minh's life and revolutionary career is an epic of patriotism and revolutionary heroism. The national leader, who devoted his whole life to the national liberation, independence freedom of the nation and happiness of the people, is an example for nations that are struggling to advance to socialism, including Vietnam and Venezuela, said the ambassador. He expressed his hope that through the research of Vietnamese nation and Ho Chi Minh ideology in all fields as well as the national struggles, Venezuelan friends will draw useful lessons to overcome hard time and build a country of peace and prosperity. The ambassador said he believes that UNEFA will become a center for education … [Read more...] about Venezuela university opens faculty on Vietnamese nation

Illustrative image. (Photo: VNA) Vietnam and Australia are both members of at least three free trade agreements, namely ASEAN-Australia-New Zealand Free Trade Area (AANZFTA), CPTPP and the Regional Economic Comprehensive Economic Partnership (RCEP). According to data of the General Statistics Office of Vietnam, last year, two-way trade between Vietnam and Australia hit US$12.4 billion for the first time, up more than 49 percent compared with that of 2020. The value of shipments to Australia reached more than US$4.45 billion, a year-on-year increase of 23 percent. Vietnam spent nearly US$8 billion in importing goods from Australia, up nearly 70 percent against 2020’s figure. Vietnam's exports to Australia are growing strongly, reaching US$1.38 billion in the first quarter of 2022, a surge of 32.36 percent against the same period last year. Sharp increases were seen in Vietnam’s export of various agricultural and industrial products to Australia, for example 84 percent in … [Read more...] about CPTPP helps leverage Vietnam-Australia investment cooperation

Forty doctors and nurses of the participating units offered free medical examination, health counseling, and medicines for more than 660 local people. In addition, medical staff worked with the local health sector to disseminate information about healthy lifestyle among local people. Along with health check-ups, Defense-Economic Unit 379 presented 300 gifts, valued at VND 20 million, to policy families and needy households in its stationed area. These practical activities aimed to mark the 132nd birthday anniversary of President Ho Chi Minh and help local people stabilize their life, contributing to consolidating the people’s trust in the local authorities and firmly safeguarding political security in border areas. On the occasion, Defense-Economic Unit 379 opened a military-civilian medical examination and treatment area in Si Pha Phin commune, Nam Po district, Dien Bien province. Translated by Song Anh … [Read more...] about Defense – Economic Unit 379 provides free health examination and medicines

The course was co-organized by the standing office of the national coordinating agency for prevention and control of weapons of mass destruction (WMD) proliferation (also called Standing Office 81) and the Export and Related Border Security Program of the U.S. Department of State, via both online and offline formats. Joining the course, experts updated participants with information related to chemical, biological, radioactive, nuclear and explosive weapons, measures to detect materials and equipment related to CBRNE weapons, methods of preventing the production, sale, and distribution of materials and equipment regarding CBRNE weapons, as well as regulations on chemical management, radiation and nuclear safety, and WMD proliferation prevention in Vietnam. The training course gave troops a better understanding of the Government’s Decree 81/2019 on the prevention and control of WMD proliferation, contributing to promoting the implementation of U.N. Security Council’s resolutions and … [Read more...] about Training course on CBRNE held for military units in Central region

At the ceremony held by Minh Dam Regiment under the Ba Ria - Vung Tau provincial Military Command, its chief Senior Colonel Nguyen Tam Hung emphasized the importance of planting trees to beautify barracks, create shade for troops during their break-time, contributing to improving troops’ living standard. According to Colonel Hung, this year, the regiment plans to build 3,500 trees. The unit will study to plant fruit and shade trees in the coming time. Apart from planting trees, the unit has over the past time joined hands in taking care of and protecting 570 hectares of local forests, and actively participated in local forest fire prevention and control. The same day, in Vung Tau city, Ba Ria - Vung Tau province, the Naval Region 2 Command and its affiliates launched the tree-planting ceremony. Senior Captain Dinh Van Thang, Second-in-Command of the Naval Region 2 Command, in his speech, emphasized the need to take care of, and develop a system of green trees and build green, … [Read more...] about Military units launch tree-planting in tribute to Uncle Ho

"It was a fantastic moment. Indonesia has finally won a gold medal in Taekwondo," said the 24-year-old Indonesian photojournalist after the final between Vietnam and Indonesia in the men’s under 63-kilogram weight class at Tay Ho Gymnasium in Hanoi on May 18. Latief stated that he has been anticipating this gold medal for a long time since many Indonesian athletes had pocketed bronze medals. It wasn't until the third final between Indonesia’s Muhammad Bassam Raihan and Vietnam’s Ngo Quang Tien that he felt victorious. "I'm overjoyed and many Vietnamese audiences congratulated us too," he said. Latief had to overcome many challenges to report on the ongoing SEA Games 31 and capture the moment Indonesia athletes brought home medals. He was born without a right arm. Despite numerous obstacles, the Jakartan reporter never gave up. He worked hard from a young age to practice doing everything with his left hand, overcoming self-doubt and ignoring the curious eyes of those around … [Read more...] about One-handed photojournalist leaves impression at SEA Games 31

Duyên defends title, set weightlifting record Thais dominate women’s table tennis Loan wins gold in standard Chinese chess Tiến Minh makes men's badminton semi Việt Nam win two golds in blitz chess Anwar Tarra, Dedi Saputra, Sofiyanto Sofiyanto and Yuda Firmansyah from Indonesia show their medals won in the men’s 500m canoe four at the SEA Games 31 on May 20. They took a time in 1min 40.78sec for a first finish. — VNA/VNS Photo Minh Đức HÀ NỘI — Thailand and Indonesia had a tough race on the second day of canoeing at the Games in Hải Phòng City as duo Aphinya Sroichit and Orasa Thiangkathok of Thailand and Indonesian Dayumin and Nur Meni both crossed the finish line of the women’s 500m canoe double with the same time, on May 20. However, the gold medal was awarded to Thai canoeists, who clocked 2 mins 7.004sec, after the morning competition. Indonesia received the silver medal, although they registered the same time. Vietnamese Trương Thị Phương and … [Read more...] about VN, Thailand, Indonesia win canoe golds