A focus on high-tech investment and added value is the centre of the new strategy, Photo: Le Toan Adam Sitkoff has been living in Vietnam for many years and has witnessed the strong inflow of foreign direct investment (FDI) into Vietnam over the past decades. As the executive director of the American Chamber of Commerce in Hanoi (AmCham Hanoi), Sitkoff acts as a bridge between US investors and the Vietnamese market, which he sees has great potential, both for high growth and for FDI attraction. “Business activity here started slowly for Americans. In 1995, US-Vietnam trade stood at just $451 million. It will soon hit $60 billion and we now see US investors active in almost every sector of the Vietnamese economy. American companies have invested billions of dollars here, integrating Vietnam into the global supply chain, creating high-quality jobs, and helping the country become more productive, more efficient, safer, and cleaner,” Sitkoff told VIR. According to him, it is … [Read more...] about Developing a new strategy for FDI
A list of internet service providers
VietNamNet Bridge - Vietnam’s software firms are developing steadily with stable revenue growth rate of 50 percent per annum. Vietnam's software industry is developing rapidly One of the most important goals set in the Party Politburo’s Directive No 58 released in 2000 was developing IT, especially software, into an important key industry Vietnam’s software firms only began learning ‘how to walk’ two decades ago, when China and India had already become the world’s software export centers. However, they just needed a short time to be added to the list of leading software exporters. In 2000, FPT took the first steps to export software. But in 2014-2017, the largest Vietnamese IT group was recognized by IAOP (International Association of Outsourcing Professionals) as one of top 100 outsourcing service providers – The Global Outsourcing 100. Gartner, when assessing the IT outsourcing services provided by the countries in Asia Pacific, … [Read more...] about What’s status of Vietnam’s software industry after two decades of development?
The draft decree would require e-commerce websites to register with the Ministry of Industry and Trade. — Photo doanhnghiephoinhap.vnViet Nam News HÀ NỘI — The Ministry of Industry and Trade (MoIT) plans to publish a list of e-commerce websites and mobile applications that violate laws and regulations on online trading. The details of individuals and organisations who own the websites in question will also be published. Ðặng Hoàng Hải, director of the ministry’s Việt Nam E-commerce and Information Technology Agency (Vecita) said there were new forms of online business, as well as rapidly increasing use of social networks, over the past few years. This was the reason the ministry is building a draft decree on management of e-commerce website and mobile apps to reduce shortcomings in the management of the new online business forms. Hải said the current Decree 52/2013/NÐ-CP stipulated regulations relating to … [Read more...] about List of websites violating e-commerce rules to be published
Illustrative Image phapluatplus.vn By Thu Trang HÀ NỘI — Nguyễn Bích Ngọc, a junior high school student in Hà Nội, started to use a smartphone when she was a 6th grader. Seeing most of her classmates use Facebook, Ngọc (not her real name, to protect her privacy) managed to set up an account for herself. Facebook regulates that people can set up an account only when they are over 13 years old, but Ngọc simply lied and said she was older than she was, because “no one inspected it”, she said. Being free to make friends with everybody around the world, Ngọc was happy when her friend list reached thousands of people. “I did not know most of the people on my friend list in real life,” she said. Ngọc has shared a lot of her information on her Facebook, although she does not know the identities of her friends, nor where they are. “For a time, I used to neglect my studying because I … [Read more...] about Joining hands to protect children on the internet
More workers will have access to cheap internet services under an agreement between Saigontourist Cable TV and HCM City Federation of Labour. Photo: VNAViet Nam News HCM CITY — The HCM City Federation of Labour on Monday signed a Memorandum of Understanding with Saigontourist Cable TV Company (SCTV) to carry out a preferential pricing programme for television and internet service packages for manual workers. Under the agreement, the federation will conduct a survey and provide a list of boarding houses with five or more rooms per house to the company. Those houses will be covered by the preferential pricing programme. In particular, SCTV will provide television and internet services with high quality and maintenance them after instalment. SCTV has committed to reduce the price of the cable television subscription by up to 40 per cent, from VNĐ120,000 to VNĐ50,000. The price for the cable and internet package would fall from VNĐ220, 000 to VNĐ100, … [Read more...] about HCM City to cut internet fees for local workers
Why is CMC Telecom among Top 25 Managed Service Providers 2018? CMC Telecom Data Center is the first and only Data Center in Vietnam that has a PCI DSS certificate In May 2018, APAC CIO Outlook magazine voted CMC Telecom as one of 25 Top Managed Service Providers in Asia Pacific. CMC Telecom is the only Vietnamese telecommunications company to make the list. The Top 25 Managed Service Providers 2018 is an award selected and assessed by a team of senior executives such as CIO, CEO, CMO and editorial staff of APAC CIO Outlook and designed for enterprises that have high-quality solutions, network managed services and are managed effectively, securely and reliably. CMC Telecom offers diversified integrated telecommunications and information technology services in the form of “one-stop-shop” ICT for enterprises. The competitiveness of CMC Telecom is shown in the advanced international technology application, high quality services and dynamic steps in the development … [Read more...] about Why is CMC Telecom among Top 25 Managed Service Providers 2018?
Cenland's Charmington Iris project Before listing 50 million shares representing a charter capital of VND500million (VND22,000) on the Ho Chi Minh City Stock Exchange (HSX) in the middle of July 2018, Cenland will hold roadshows in Thailand, Hanoi, and Ho Chi Minh City to promote the investment opportunities. Cenland will be the first real estate brokerage firm in Vietnam to be listed. On what basis did the two investment funds VinaCapital and Dragon Capital assess that Cenland is worth more than $80 million to spend $21 million on 25 per cent of its stocks ? Hold 20 per cent of real estate brokerage shares Cenland was founded in 2002 as an affiliated company of Century Group Joint Stock Company (Cen Group). The company now owns the Real Estate Project Supermarket System (STDA). In 2017 the company reconstructed and acquired Worldstar Land JSC (nghemoigioi.vn), CEN SaiGon Real Estate Joint, and Rising Star Media JSC. In 2017, Cenland has staged its initial public offering (IPO) and … [Read more...] about Decrypt Cenland before the listing hour
Viet Nam News HÀ NỘI — Minh Hằng is proud of her 14-year-old daughter and, like many parents, often posts pictures and videos of her on social media. To Hằng, this is a perfectly normal thing for any mother to do. She was shocked though when she heard about a draft decree, compiled by the Ministry of Labour, Invalids and Social Affairs, that proposes allowing children to sue their parents if the child disagrees with their private information being posted online. Under the draft, the person who revealed private information of children could be fined up to VNĐ50 million (US$2,200). “If the decree takes effect, mothers like me will have to carefully consider before posting any photos or video clips containing private information of my children on the internet,” she added. Hundreds of other parents were stunned to learn of the draft decree, the Lao Động (Labour) newspaper reported. Better children protection The aim of the … [Read more...] about A photo of your kid could cost you $2,200
Honeywell - a Fortune 100 company has achieved the first rank in the Electronics industry of the “World’s Most Admired Companies” by Fortune magazine in the consecutive two years. Regularly, the multinational business magazine published prestigious ranked lists, including Fortune 500, 40 under 40, 100 Best Companies to Work For, and World’s Most Admired Companies - a ranking of the most respected companies in business Honeywell has been selected as one of the “World’s Most Admired Companies” for 12th consecutive year, and the second year in a row they rank first in the electronics industry. To conduct this survey, 680 highest-revenue companies are selected from 1,500 candidates (1,000 largest US companies ranked by revenue, and non-US companies in Fortune’s Global 500 database with revenues from $10 billion). Honeywell is a Fortune 100 software-industrial company From that pool of 680, the list by … [Read more...] about Honeywell named as leader in electronics of ‘World’s Most Admired Companies’ by Fortune
The Delhi Declaration of the ASEAN-India Commemorative Summit to Mark the 25th Anniversary of ASEAN-India Dialogue Relations We, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN) and the Republic of India, gathered in New Delhi, India, on 25 January 2018 to commemorate the 25th Anniversary of ASEAN-India Dialogue Relations under the theme of “Shared Values, Common Destiny”; Reaffirming our commitment to guide ASEAN-India Dialogue Relations by the principles, purposes, shared values and norms enshrined in the Charter of the United Nations, the Treaty of Amity and Cooperation in Southeast Asia (TAC), the Declaration of the East Asia Summit on the Principles for Mutually Beneficial Relations, and the Vision Statement adopted at the ASEAN-India Commemorative Summit to mark the 20th Anniversary of ASEAN-India Dialogue Relations on 20 December 2012; and supporting the ASEAN Charter; Noting the cross-cultural exchanges and … [Read more...] about Delhi Declaration of ASEAN-India Commemorative Summit