IBM Viet Nam and CMC Telecommunication Infrastructure JSC (CMC Telecom) signed a co-operation agreement on providing outsourced managed security services on April 21. Accordingly, CMC Telecom will outsource the security services of IBM to protect the enterprise from cyber crime and security risks. CMC will use these services to further develop experience and skills, and improve the service quality in leasing security services of CMC Telecom. Eric CW Yeo, Country General Manager of IBM Viet Nam, said that the business environment had become increasingly connected and that businesses had to be continuously innovative and creative to protect consumers from security risks. Ngo Trong Hieu, General Director of CMC Telecom shared that the targets of cyber criminals were expanding, while criminal groups were constantly conspiring together to share infrastructure to deploy offensive attacks. Therefore, businesses and organisations needed to prepare well for the challenges ahead, he … [Read more...] about CMC Telecom and IBM Vietnam cooperates in security services
Managed security service providers
SCB Vietnam ranked “Best Securities Service Provider in 2011
Standard Chartered Bank Vietnam Limited has been top rated in the Global Investor Magazine sub-custody survey in Asia Pacific for the year 2011, ahead of other international banks to receive the highest overall score of the sub-custodians operating in the Vietnamese market. In the survey, participants were asked to rate their current service provider in a number categories including securities settlement; asset servicing and service management. Additionally, 2011 is also a year of recognition of Standard Chartered's high quality service in Vietnam with top rated provider for Cross bordered - non-affiliated clients according to the Global Custodian 22nd annual Agent Banks in Emerging Markets Survey. With three core services - Custody and Clearing Services, Fund Administration, Escrow Service, Standard Chartered Bank has 50-year track record as Asia's leading regional custodian and clearing agent. Standard Chartered Bank Vietnam now has three branches and employs nearly 700 … [Read more...] about SCB Vietnam ranked “Best Securities Service Provider in 2011
Unhealthy competition spoils digital signature market, service providers say
VietNamNet Bridge - Digital signature service providers are trying every possible way to attract more clients, creating an unhealthy competition in an increasingly saturated market.digital signature service market has become more fierce due to oversupply. … [Read more...] about Unhealthy competition spoils digital signature market, service providers say
IFC grants loan to local securities firm
The International Finance Corporation (IFC), the World Bank's private-sector funding arm, will provide Thien Viet Securities with a US$5 million loan to help the local firm develop investment banking services for small- and medium-sized enterprises in Vietnam. "We have invested in a number of Vietnamese banks before, but this is IFC's first engagement with a securities service provider in the country," said Rashad Kaldany, IFC's deputy president for Asia, Eastern Europe, the Middle East and North Africa, at the signing ceremony on Monday in Hanoi. … [Read more...] about IFC grants loan to local securities firm
Mobile phone service providers warned for ‘loose management’
VietNamNet Bridge - Authorities have warned major mobile phone service providers like VinaPhone, MobiFone and Viettel over their loose management of message switchboards. This has led to customers being swamped with spam messages and advertisements for several services like downloading ring tones, fortune telling, gambling and even "sexual consultancy". Many customers have lost money responding to messages said that they'd won prizes. In a recent case, the Ha Noi-based EMOBI JSC was found to have sent 800 messages each hour with content related to fortune telling and gambling. … [Read more...] about Mobile phone service providers warned for ‘loose management’