When will breaker new waves continue

Multinational cybersecurity company Fortinet has announced several enhancements to its single-vendor solution FortiSASE, enabling additional deployment flexibility and new secure access capabilities for digital resources across private applications, software as a service (SaaS), and the internet. More than half of the respondents to a recent Fortinet work-from-anywhere survey support hybrid workforces, meaning most CEOs are tasked with the challenge of securing users as they contribute from home, the office or elsewhere. Comprehensive security for all users is near impossible when using solutions that are in the cloud or not integrated on-premises. The larger and more distributed the network, the more pervasive these issues can be. Providing consistent security to a global hybrid workforce working from multiple locations requires a single-vendor approach. John Maddison, executive vice president of Products and CMO at Fortinet said, “In today's work-from-anywhere world where users … [Read more...] about Fortinet adds new capabilities to support work-from-anywhere

Illustrative image (Photo: Bao Viet) Hanoi (VNS/VNA) - Experts have predicted that the health and vehicle insurance sectors will continue to serve as the primary growth drivers for non-life insurance in Vietnam this year. Data from the Vietnam Insurance Association reveals that non-life insurance and health insurance comprised the largest proportion of the insurance industry's premium revenue last year, accounting for approximately 33.2%, with revenue of 22.41 trillion VND. This represented a 24.3% increase from the same period in 2021. In the meantime, vehicle insurance generated a revenue of 18.1 trillion VND, comprising 26.8% of the overall market revenue and witnessing an 11.9% growth rate over the same period in 2021. Health and vehicle insurance products are expected to continue to increase this year, especially when the awareness of people and economic organisations about the role of insurance continues to be improved. Regarding health insurance, the … [Read more...] about Health, vehicles main growth drivers for non-life insurers in 2023

Deputy Prime Minister Tran Hong Ha speaks at the event (Photo: VNA) New York (VNA) – Vietnam pledges to further enhance cooperation with international organisations and partners, especially countries within the Mekong River Commission (MRC) and Mekong-Lancang cooperation mechanism, to achieve sustainable cross-border water development goals, Deputy Prime Minister Tran Hong Ha has said. Deputy PM Tran Hong Ha meets President of Tajikistan Emomali Rahmon (Photo: VNA) Within the framework of the event, Deputy PM Ha met with President of Tajikistan Emomali Rahmon and suggested both nations consider boosting cooperation in climate change adaptation and water resource management in the coming time. Deputy PM Tran Hong Ha and UNFPA Executive Director Natalia Kanem (Photo: VNA) In a meeting with Executive Director of the United Nations Population Fund (UNFPA) Natalia Kanem, Ha suggested the fund offer continued support to build and launch social social welfare policies … [Read more...] about Vietnam commits to cross-border water development goals: Deputy PM

Due to strong demand from various sectors, average occupancy rates of tier-1 markets in the northern region reached 83.2 per cent as of Q4 2022. — VNA/VNS Photo CBRE Vietnam has reported that Viet Nam's industrial real estate sector is poised for a prosperous year in 2023 due to a surge in demand. This upswing is largely attributed to an ongoing production shift and China-plus One strategy of manufacturers. The rental prices of industrial park lands in tier-1 markets are expected to rise by 5-10 per cent, fueled by robust demand. In addition, the CBRE Market Outlook 2023, released on February 17, revealed that in 2022, net absorption in tier-2 markets witnessed a substantial increase, further confirming the continuation of this trend in the coming years. Throughout 2022, northern industrial markets sustained a positive performance. By the end of 2022, the industrial land supply of tier-1 markets in the North reached 10,291 ha, up 8 per cent yearly. Bac Ninh and Hung Yen are … [Read more...] about Strong signals of positive year for industrial real estate market

E-commerce activities continued to grow by double digits, reaching 28 per cent in 2022. — Photo tapchitaichinh.vn The E-Commerce Industry 2023 Report shows that sustainability will be the development trend of Viet Nam's e-commerce in the future. According to this report, with the theme of Sustainable E-Commerce: Driving the Digital Economy, recently released by the Vietnam Chamber of Commerce and Industry (VCCI) and Lazada, e-commerce is an indispensable activity, playing the role of narrowing the gap between people, businesses and localities and optimising intermediate costs to promote production and business. E-commerce is entering the stage of sustainable and responsible business, experts said in the report. VCCI vice chairman Nguyen Quang Vinh was quoted by the Dien dan doanh nghiep (Business Forum) newspaper as saying that "Business today must create new values, not only economic values. Enterprises need to think beyond economic issues, being social and environmental … [Read more...] about Viet Nam’s e-commerce industry changes towards sustainable development: report

Speaking at the meeting, Senior Lieutenant General Le Huy Vinh praised the Institute of Military History and units for actively coordinating to make preparations for the seminar. The deputy defense minister emphasized the important meaning of the event, saying that it is a practical activity to mark the 70th anniversary of the victory. The event will continue to clarify the strategic vision and sound and creative leadership and direction of the Party Central Committee, the Government, President Ho Chi Minh, the General Military Commission, and General Command; analyze the uniqueness of the art of directing and operating the campaign; significance and reasons for the victory of the Upper Laos Campaign. He added that lessons learnt from the victory, especially the art of operational-level combat in the new period, will be creatively and effectively applied to the national defense consolidation and defense. Gen. Vinh requested the Institute of Military History to continue to closely … [Read more...] about Preparations for seminar on Upper Laos Victory checked

A Bamboo Airways aeroplane. It plans to increase charter capital through share issuance from VND18.5 trillion to VND28.5 trillion. — Photo courtesy of Bamboo Airways Bamboo Airways has revealed plans to raise nearly VND10 trillion (US$424.1 million) by issuing 996.2 million shares. The move, to be announced at an Extraordinary General Meeting of Shareholders held on April 10th, would raise the airline's charter capital from the current VND18.5 trillion to VND28.5 trillion. The proposed share issuance is slated to take place this year, and there will be no restrictions on the transfer of the newly issued shares. According to Bamboo Airways’ Nguyen Ngoc Trong, the share issuance is to continue their restructuring of organisation and debt and to have more capital for operation and development. Nguyen Manh Quan, the airline’s General Director, said they had found a new investor to replace the old shareholders, former Chairman Trinh Van Quyet and other related shareholders. … [Read more...] about Bamboo Airways to issue nearly one billion shares

A property project umder construction in downtown Ha Noi. — VNA/VNS Danh Lam There have been positive signs for the property market's recovery, said industry experts and economists. In an earlier development, for the first time in the last two years, the central bank decided to cut interest rates by 1 per cent, bringing the discount rate from 4.5 per cent to 3.5 per cent, overnight rate for inter-bank from 7 per cent to 6 per cent annually. According to the central bank, average inter-bank overnight rates have fallen by as much as 0.8 per cent, to 2.7 per cent on March 20, marking the first dip under 3 per cent since the end of August last year. Economist Can Van Luc, a member of the national finance and monetary council, said a dip in interest rates would likely result in much-needed improvements in the property market. Luc said it might translate into lower prices as investors gained access to lower-interest loans while giving them a financial boost to finish ongoing … [Read more...] about Property market stay hopeful as interest rates dip