By Dr. Tung Bui, Director of Vietnam Executive MBA, University of Hawai. With President Obama’ upcoming trip to East Asia next month to give a much needed push to the Trans-Pacific Partnership (TPP) Trade agreement, Vietnamese export of catfish to the US is unwillingly back on the negotiation table. Vietnam accounts for 60% of the catfish market in the US and American catfish farms in Southern land claim that they have to cut down their production by half – 300 million pounds down from a peak production of 660 million. In free trade, any business that meets customers’ satisfaction should enjoy a competitive advantage. It seems to be the case for Vietnamese catfish. Recognized as a healthy diet, annual fish consumption in the US was 14.6 pounds per person in 2012, and pricing of Vietnamese catfish must have been competitive enough to win a large market share. Since there are no clear economic arguments against Vietnamese catfish, Senator Thad Cochran of … [Read more...] about NEWS BRIEF & COMMENT: Can the TPP help Vietnam win the catfish war?
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Politburo mulls over anti-corruption documents Party General Secretary and President Nguyen Phu Trong chaired a meeting of the Politburo in Hanoi on November 1 to look into some projects regarding anti-corruption. The projects comprise one amending and supplementing the 11th Politburo’s Regulation No. 163-QD/TW dated February 1, 2013 on functions, tasks, authority and operation of the Central Steering Committee for Anti-corruption, and another amending and supplementing the 11th Politburo’s Decision No. 159-QD/TW dated December 28, 2012 on functions, tasks and organisation of the Party Central Committee’s Commission for Internal Affairs. The Politburo basically approved contents of the projects as well as the report on these documents presented by a representative from the Commission for Internal Affairs. Addressing the meeting, Trong said after more than six years of implementing Decision No. 159, the Commission for Internal Affairs has proposed many major policies, … [Read more...] about VIETNAM NEWS HEADLINES NOVEMBER 2
A Vietnamese student has been identified as the author of 42 malware-containing apps on Google’s Play Store. The apps containing malware began appearing in July 2018, and some of them have had up to 8 million downloads. The apps containing malware began appearing in July 2018, and some of them have had up to 8 million downloads. In addition, this also causes Android phones to suddenly light up and displayads even though the device is locked. Mai Lan Anti-hacking services charge high fees Many Vietnamese pay a fee to have their Facebook accounts protected, but experts have recommended against it. … [Read more...] about Vietnamese student uploads malware-containing apps to Google Play Store
SINGAPORE - Media OutReach - 1 November 2018 -Wavecell, a full CPaaS player headquartered in Singapore surpassed +100% YoY revenue growth 3 years* in a row and set to expanding more communication channels to boost digital customer experience. HOW MUCH WE'VE GROWNWavecell was one of Asia's pioneer cloud communications company to sprout in Singapore back in 2010. Since then, the company has been at the forefront of the go-to cloud communications solutions provider mainly in Southeast Asia; loyally serving Asia's largest E-commerce and several Fintech players. Wavecell is excited that they are steadily approaching an annual revenue run rate of US$35 million and reaching profitability. "We like to ensure a healthy and steady growth for Wavecell. This growth strongly illustrates a strong demand and thirst in the market for our solutions. As companies strive to elevate their customer experience and engagement over multi-channels in the digital era, we have been seeing a … [Read more...] about Wavecell Poised To Exceed Growth Targets In 2018
The Haiyang Dizhi 8 and at least two escorts left Vietnam's EEZ and sped towards China Thursday, Reuters reported, citing data from Marine Traffic, a website that tracks vessels. The survey vessels and escorts had returned to Vietnamese waters on August 13, after having occupied Vietnamese sea territory for about a month earlier. Vietnam has multiple times demanded that the vessel and its escorts leave Vietnamese waters, condemning their presence as a violation of its sovereignty. "As Vietnam looks at the issue, Chinese oil survey vessel Haiyang Dizhi 8 and its escorts have continued seriously violating Vietnam's sovereignty and jurisdiction rights in its exclusive economic zone and continental shelf," Foreign Ministry spokeswoman Le Thi Thu Hang had said at a news briefing last month. Vietnamese President and Communist Party chief Nguyen Phu Trong called last week for restraint in the South China Sea, saying Vietnam would "never compromise" on its sovereignty and territorial … [Read more...] about Chinese survey ship leaves Vietnamese waters