“Banks will need to be on the cutting edge of technology and make sure that customers’ needs are ingrained in every offering,” PwC’s global financial services leader John Garvey advised local bank leaders at “The Future of Banking” event held by PwC Consulting Vietnam in Hanoi today (March 6, 2019). Global financial services leader of PwC John Garvey John Garvey, together with a panel of distinguished industry experts from the US, Canada, Southeast Asia, Hong Kong, and Japan discussed what it takes for banks to thrive in this digital age, while maintaining their human relationships. The event attracted senior leaders from various Vietnamese commercial banks. According to PwC, the banking industry is facing an imperative to change brought about by powerful forces, namely customer expectations, technological capabilities, regulatory requirements, demographics, and economics. Banks need to get ahead of these challenges and transform themselves … [Read more...] about PwC global experts discuss the future of banking
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Overview of the 12th National Press Awards
Presence at the ceremony are Party General Secretary Nguyen Phu Trong, former Party chief Nong Duc Manh, President Tran Dai Quang, Permanent member of the Secretariat of the Communist Party of Vietnam Central Committee Tran Quoc Vuong, Deputy Prime Minister Truong Hoa Binh, head of the Party Central Committee’s Commission for Information and Education Vo Van Thuong, Deputy Prime Minister and Foreign Minister Pham Binh Minh, Secretary of the Communist Party of Vietnam Central Committee Nguyen Xuan Thang, and President of the Vietnam Fatherland Front (VFF) Central Committee Tran Thanh Man. Leaders of the Party, State and Vietnam Fatherland Front, former leaders and representatives of ministries and departments and senior journalists and journalists attend the event. The event is held in a professional manner with journalists’ associations from all 63 cities and provinces taking part in. Deputy PM Truong Hoa Binh affirms that over the past 93 years, the press has made great … [Read more...] about Overview of the 12th National Press Awards
Hoi An wins prize at the 2019 National German Sustainability Award
The Hanoitimes - The National German Sustainability Award is organized by the Federal Ministry for Economic Cooperation and Development of the European country Hoi An city in Vietnam's Quang Nam province and the German city of Wernigerode won the prize at the 2019 National German Sustainability Award. Hoi An won the prize at the 2019 National German Sustainability Award. Photo: Hanoimoi.com.vn The two cities overcame 30 others worldwide to win the awards which are presented to cities, companies and individuals to promote the idea of a sustainable society. This is the first time the prize is presented for sister cities project between German localities and foreign partners. Accordingly, Hoi An and Wernigerode received a sum of US$34,093 to fund local environment projects. In 2013, the cities of Hoi An and Wernigerode signed an agreement in Berlin, Germany, constituting a sisterhood relationship. On that occasion, a lantern festival was held in Wernigerode, showcasing … [Read more...] about Hoi An wins prize at the 2019 National German Sustainability Award
UN Secretary General hails President Tran Dai Quang as ‘Friend of the United Nations’
08:39 | 22/09/2018 VGP - On behalf of United Nations Secretary-General Antonio Guterres, his spokesperson, Stéphane Dujarric, issued a statement on Friday, expressing the UN chief’s sadness over the passing of Viet Nam State President Tran Dai Quang. State President Tran Dai Quang “He presents his deepest sympathies to the President’s family and to the Government and people of Viet Nam,” Mr. Dujarric said. According to media reports, the 61-year-old died in a military hospital in Hanoi from a "serious illness” despite the efforts of domestic and international doctors. “A friend of the United Nations and an important promoter of Viet Nam’s development, President Quang will be long remembered in his country and beyond,” he concluded. State President Quang, born on October 12, 1956, joined the Communist Party of Viet Nam on July 26, 1980. He has served as State President of the Socialist Republic of Viet Nam since … [Read more...] about UN Secretary General hails President Tran Dai Quang as ‘Friend of the United Nations’
Malware intentionally attacking national banks and critical infrastructure in VN
Until July 2018, VNCERT has acknowledged many forms of intentional attacks of hackers against information systems of certain banks and essential infrastructure in Vietnam. In these cases, hackers have done thorough research on their victims before carrying out ingenious contrivances via high-tech methods to deceive information security systems of banks and critical infrastructure. By doing this, they are able to take full control of victims’ computers, after which they can attack others in the local network. The result is a leak or even a loss of confidential information. Because of the high-tech methods being used, it is extremely difficult for security systems to detect or eliminate actions of these hackers. This has helped them to maintain their secretive control for a long time. Mr. Nguyen Khac Lich, Deputy Director of VNCERT, affirmed that the discussed malware is terribly dangerous since it is able to steal various kinds of information while simultaneously destroy attacked … [Read more...] about Malware intentionally attacking national banks and critical infrastructure in VN