Technology

Foreign hackers attack hundreds of agencies in VietnamThe Saigon Times Daily A screenshot of an email from hackers asking for a ransom. The servers of hundreds of agencies in Vietnam have been attacked by foreign hackers – PHOTO: BKAV HCMC - Vietnamese internet security firm Bkav announced on security forum Whitehat.vn that it has detected deliberate attacks by foreign hackers on servers offering services in Vietnam. As of February 14, victims of the attacks amounted to hundreds of agencies and organizations, VietnamPlus reported. These agencies, whose specific names were not revealed, had their servers hacked and all data encrypted. The attacks reportedly originated from Russia, Europe and Americas. The hackers have applied a dictionary attack, one version of the classic hacking method called a brute force attack, to obtain the usernames and passwords of servers running on Windows operating systems. On cracking the passwords, the hackers log into these computers through … [Read more...] about Foreign hackers attack hundreds of agencies in Vietnam

The digital economy era has arrivedBy Nguyen Khac Giang An e-payment being made in a coffee outlet in HCMC. There is no evidence for the rise of the digital economy more convincing than a look into how we loosen our purse strings: The number of online transactions via domestic cards in 2017 grew 50% from 2016, whereas their value surged 75% - PHOTO: THANH HOA This year is a very important time for the digital economy of Vietnam, when the gig economy will take a bigger slice of the cake. More than a decade ago, it was easy to catch sight of people waiting in queue to withdraw cash from an ATM. Back then, salary payment through banks was still a quite new practice. Most workers found it troublesome to get their pay with a card, since there was more to do before cash went into their wallets. Today, office workers transfer their salaries to an e-wallet, or directly use Internet banking for shopping. Payment of power and water bills, purchase of prepaid scratchcards, or debt … [Read more...] about The digital economy era has arrived

Trust Union launches financial service dapp in HCMCBy Minh Tuan Trust Union CEO Markus Patrick Chan (C) at the launch ceremony of Trust Union dapp - PHOTO: MINH TUAN HCMC - Trust Union dapp, the world’s first personal financial relationship and credit asset management service platform based on blockchain technology, was launched by Hong Kong-based Trust Union Company in HCMC last week. The dapp is expected to establish an efficient and secure data and value chain for financial relationships between individuals by providing effective lender-borrower matching and smart contracts. All personal financial data is securely encrypted using blockchain technology, ensuring there is no privacy leak within the chain. Under Trust Union dapp’s Smart Contracts, the borrower’s receipt is created instantly, matching the loan request with idle cash. In the Financial Light Intelligence Contract Library, lenders and borrowers can easily set contract terms such as loan amount, … [Read more...] about Trust Union launches financial service dapp in HCMC

Viettel licensed to pilot 5G in major citiesThe Saigon Times Daily Two young people are seen using smartphones in this file photo. Local telecom carrier Viettel has been licensed to pilot the 5G mobile service in Hanoi and HCMC – PHOTO: THANH HOA HCMC - Minister of Information and Communications Nguyen Manh Hung has signed a decision permitting Viettel Military Industry and Telecoms Group to pilot a fifth-generation (5G) mobile service in HCMC and Hanoi for one year starting January 22, VnEconomy reported. Accordingly, Viettel becomes the first telecom carrier in the country to be licensed for launching the service on a trial basis, aiming to assess technical functions and the possibility of offering the 5G service on a wider scale, with the pilot scale not exceeding 73 sites in the given cities. Also, Viettel will not charge service users during the pilot operations. A Viettel representative on January 23 told VnEconomy that Viettel would map out plans on sites and … [Read more...] about Viettel licensed to pilot 5G in major cities

New ride-hailing app put into serviceBy My Huyen MVL founder Kay Woo speaks at a press conference to launch the TADA ride-hailing service, held on January 21 in HCMC – PHOTO: MY HUYEN HCMC - MVL Technology, a Singapore-based technology firm, has put into service its ride-hailing app, called TADA, for the local market following the lifting of its suspension since August last year. TADA will focus on service quality to attract and retain customers in the long run, instead of offering multiple discounts, MVL founder Kay Woo told a press conference on January 21 in HCMC. MVL tapped into the Vietnamese market in May last year and started business registration procedures; it was licensed this month. The firm had suspended its operations to gain extra time to study the local laws thoroughly and adjust its products to meet the demand of the Vietnamese people, Kay explained. Addressing the event, Kay said that MVL would not offer discounts to gain more customers but would keep … [Read more...] about New ride-hailing app put into service

Vietnam to pilot 5G service next yearBy Van Ly Customers test the locally made Bphone 3 at a launch event. Vietnam will make 5G service available in 2020 - PHOTO: VAN LY HANOI – Vietnam will pilot a fifth-generation (5G) network next year and officially provide the service in 2020, said Minister of Information and Communications Nguyen Manh Hung. At a seminar on Vietnam’s innovation, jointly held by the Ministry of Information and Communications and the Party Central Committee's Economic Commission on November 14, Minister Hung said that 5G would make mobile internet speed much faster than 3G and 4G, helping the country develop the economy and keep pace with other countries. Experts participating in the seminar also agreed that new technologies, especially 5G, would help the country keep abreast of the Fourth Industrial Revolution. According to Hung, 2G technology was developed in 1990, and Vietnam launched a 2G mobile network three years later. However, the … [Read more...] about Vietnam to pilot 5G service next year

Vietnam Web Summit 2018 to highlight AI, blockchain technologiesBy Chi Thinh A speaker gives a presentation on the tech-talk app at Vietnam Web Summit 2017 – PHOTO: TECHTALK HCMC – The highlight of Vietnam Web Summit 2018, the largest annual web and internet festival in Vietnam, is expected to be the presentations by experts on the application of new technologies, such as artificial intelligence (AI), blockchain, Big Data and virtual reality, to various fields. Several leading technology groups in Vietnam such as FPT, KMS Technology, Zalo Business and Appota will attend the event, providing updates on new technology trends. Besides this, a host of speakers will focus on presenting opportunities for business development with the application of new technologies. Vietnam Web Summit 2018 will feature hot topics in the technology sector, related to blockchain, cloud computing, cyber security, product management and digital marketing. This year’s event, organized … [Read more...] about Vietnam Web Summit 2018 to highlight AI, blockchain technologies

Intek coding school opened in HCMCBy Chi Thinh Phan Chinh (R), CEO of Intek, gestures as he shares details of Intek’s operation model – PHOTO: CHI THINH HCMC – The Intek Institute of Applied Technology described as a premier coding school was opened in HCMC today, November 5, providing the first project-based, gamified training course for computer engineering students. Intek is the first information technology (IT) institution in the city to apply the learning model without the presence of instructors. Students enrolling in the course will get involved in real-world projects and develop IT solutions. In addition, gamification included in the course’s curriculum will encourage the engagement and autonomy of students. They can join the course as a digital playground with a series of games, offering challenges for them to tackle alone or with other players. Phan Chinh, CEO of Intek, said the institute would select students who are good at communication, … [Read more...] about Intek coding school opened in HCMC

Draft guiding decree issued for cyber security lawThe Saigon Times Daily A young woman is seen using the Internet.The Ministry of Public Security yesterday announced a long-waited draft Government decree guiding the implementation of the Law on Cyber Security – PHOTO: VAN LY HCMC – The Ministry of Public Security yesterday announced a long-waited draft Government decree guiding the implementation of the Law on Cyber Security. The law, which comes into force next year, requires foreign technology firms to open offices and set up user data servers in Vietnam. The Law on Cyber Security was passed by the National Assembly (NA) on June 12. With seven chapters and 43 articles, the law is aimed at protecting national security and safeguarding social order and safety regarding the Internet, with both the Ministry of Public Security and the Ministry of Information and Communications serving as key monitoring agencies. The scope of the law allows for responding to threats … [Read more...] about Draft guiding decree issued for cyber security law

Data forms core of digital transformation process: VDE Forum 2018By Chi Thinh The first session of VDE Forum 2018 focuses on digital transformation and open data exploitation activities, shared by technology experts and State-run management agencies – PHOTO: CHI THINH HCMC – Data serves as the core element of the digital transformation of Vietnam, according to technology experts at Vietnam Digital Economy 2018 (VDE Forum 2018). It also plays a crucial role in developing and converting e-governments into digital governments. The event, which kicked off on November 1 in HCMC, is aimed at sharing experiences in the adoption of digital transformation and the development of global digitalized models among technology experts, information technology solution providers and companies currently performing digital transformation activities. Addressing the forum, André Laperrière, executive director of the United Nations Global Open Data for Agriculture and … [Read more...] about Data forms core of digital transformation process: VDE Forum 2018