Price Waterhouse Cooper’s (PwC) 2018 Global Economic Crime and Fraud Survey in Vietnam finds that 52% of Vietnamese enterprises had experienced economic crime in the past two years. This is the first PwC survey in Vietnam. According to the survey, this crime rate is higher than the average in Asia-Pacific's 46% and the global rate of 49%. Even though 40% of the asked people said they hadn't encountered any criminals, it's highly likely that the crimes just haven't been exposed yet. The most common crime in Vietnam is embezzlement with 40% votes and bribes and corruption with 36%. 11% of the asked people don't know or don't want to say. About 53% of the criminals in major cases are insiders with 61% of them are low-level or middle-level managers. 32% of the surveyed said they suffered more than USD100,000 in damage not to mention damage to reputation and business relations. Marcus Paciocco from PwC Vietnam said some measurable financial losses included legal costs or actual loss … [Read more...] about BUSINESS NEWS IN BRIEF 21/11
Union information and broadcasting ministry
Vietnam must be an early 5G bird: minister
Nguyen Manh Hung said at a Wednesday meeting that Vietnam should test the 5G network next year and ensure nationwide coverage by 2020. Vietnam used to be ranked among the top 20 in the world by the International Telecommunication Union for mobile-broadband subscriptions, thanks to the application of 2G mobile networks in 1993, just three years after its global entry. But it lagged far behind the world in launching its 3G and 4G services, and Vietnam's rank plummeted to 115/193. 3G networks showed up in the world in 2000, but it was not launched in Vietnam until a decade later. The 4G service has been in vogue for 10 years, but so far, the network in Vietnam is still far away from the qualified speed. "5G is coming, and this is the chance for Vietnam to climb up in the ranking. And for this change to happen, Vietnam should be one of the first to launch the network, at least in Hanoi and Ho Chi Minh City," Hung said. The Ministry of Information and Communications aims to test 5G networks … [Read more...] about Vietnam must be an early 5G bird: minister
BUSINESS NEWS IN BRIEF 24/10
Festival to help Ninh Binh promote tourism potential The picturesque Trang An Complex in Ninh Binh province (Photo: vietnamtourism.gov.vn) The northern province of Ninh Binh will have opportunities to promote its tourism potential as a cultural, sport and tourism festival will be held in the locality later this month. Held by the Ministry of Culture, Sports and Tourism, the event is part of the programmes organised to mark 1,050th anniversary of Dai Co Viet, the first feudal state of Vietnam. A wide range of cultural activities are scheduled such as photo exhibitions, amateur cheo (traditional opera) performances, and various culture and sport activities. Local Trang An Landscape Complex, recognised by the UNESCO as a World Heritage site in 2014, together with other renowned heritages like Ha Long Bay, Phong Nha Ke Bang National Park, and gong cultural space in the Central Highlands, among others, will be nudged closer to the visitors at the festival through the “Going through … [Read more...] about BUSINESS NEWS IN BRIEF 24/10
SPECIAL COMMUNIQUE on President Tran Dai Quang’s passing away
President Tran Dai Quang Hanoi (VNA) – The Party Central Committee, the National Assembly, the President, the Government and the Central Committee of the Vietnam Fatherland Front have issued a special communiqué, announcing that President Tran Dai Quang died at 10:05am on September 21, 2018, and his funeral will be held as a national mourning. The special communiqué reads: The Central Committee of the Communist Party of Vietnam, the National Assembly of the Socialist Republic of Vietnam, the President of the Socialist Republic of Vietnam, the Government of the Socialist Republic of Vietnam, and the Central Committee of the Vietnam Fatherland Front inform with deep grief: Comrade Tran Dai Quang, born on October 12, 1956; native place: Quang Thien commune, Kim Son district, Ninh Binh province; residence: No. 8, Nguy Nhu Kon Tum street, Nhan Chinh ward, Thanh Xuan district, Hanoi city. He joined the Communist Party of Vietnam on July 26, 1980; Member of the Party … [Read more...] about SPECIAL COMMUNIQUE on President Tran Dai Quang’s passing away
Vietnam, Cambodia enhance journalism exchange
During the visit, the Vietnamese delegation paid a courtesy visit to Cambodian Minister of Information Khieu Kanharith and had meetings with delegates from some Cambodian press agencies and the Cambodian Union of Journalists' Association. Minister Khieu Kanharith warmly welcomed the Vietnamese delegation while giving delegates an overview of the press and media of the country. Cambodia currently runs 429 printed newspapers, 17 television and 254 radio-broadcasting stations. However, only 20 printed newspapers operate efficiently due to the development of social media. On behalf of the Vietnamese side, Nguyen Thai Thien thanked the leadership of the Cambodia Ministry of Information for their warm reception. He hoped that the visit would contribute to further boosting the bilateral cooperation between the two countries’ information and communications sectors. Within the framework of the working visit, the Vietnamese delegation exchanged experience with the Cambodian National … [Read more...] about Vietnam, Cambodia enhance journalism exchange
Social News 7/8
Legal framework for child care on the internet Vietnam, with 64 million Internet users (67% of its population), is among Asian countries having the biggest number of Internet users. A majority of these users are children and teenagers, who are exposed to both benefits and dangers. In addition to close attention from parents and schools, a legal framework is needed to protect children from the risks of the cyber world. While browsing the Internet, children may encounter unexpected information and people. Their personal information can be hacked. More seriously, children can become victims of swindles, exploitation, harassment, and sex abuse. Online game and smartphone addictions can harm children’s mental and physical health. Parents should teach children how to find and use information on the Internet. Dang Hoa Nam, Director of the Department for Children of the Ministry of Labor, Invalids, and Social Affairs, said, “Parents play a very important role. They should be … [Read more...] about Social News 7/8
Government News 27/7
NA Vice Chairman wraps up US visit NA Vice Chairman Do Ba Ty (R) meets US friends who have supported Vietnam in its past struggle for national liberation and current nation building cause The Vietnamese National Assembly (NA) will continue providing support for Vietnam’s overseas representative offices, affirmed NA Vice Chairman Do Ba Ty while talking to Vietnamese officials who are working in New York. Ty asked Vietnamese representative offices to update and study the host country’s commercial policies to submit appropriate response to the legislature. He met officials of the Vietnamese permanent mission to the United Nations and Vietnam’s representative offices, as well as correspondents of Vietnam News Agency and Vietnam Television in New York during his working visit to the city from July 26-27. Meeting several US friends, Ty recalled important milestones in the relations between Vietnam and the US. US friends, in turn, made proposals helping Vietnam carry … [Read more...] about Government News 27/7
Gov’t steps up drowning prevention efforts
Viet Nam News Deputy Head of the Việt Nam Sports Administration’s Department for Mass Sports Nguyễn Thị Chiên talks toHà Nội Mới (New Hà Nội) newspaper about an on-going drowning prevention programme that aims to save children’s lives by teaching them to swim. Can you brief readers on the on-going programme on teaching safe swimming to children in order to prevent drowning, which has been held in 63 localities nationwide since May? Under the programme, which is a joint effort between the Ministry of Culture, Sports and Tourism’s Việt Nam Sports Administration and the Ministry of Education and Training, we have instructed localities to launch survival swimming classes for children, helping the children and society change their awareness about the importance and urgency of learning how to swim for physical development and drowning prevention. We have also implemented training for swim teachers, provided … [Read more...] about Gov’t steps up drowning prevention efforts
Vietnam’s 10 Outstanding Young Faces in 2017 announced
This award is a prestigious honor presented to Vietnamese young people with outstanding achievements in various fields, including education, scientific research, sports, the arts, and start-up and innovation movements. Another 10, chosen from 135 nominations, will receive the Vietnam Promising Young Face Award. These award winners will be honored at a grand gala night held at 8:00pm on March 26 in Hanoi. The ceremony will be broadcast live on VTV6 channel of the Vietnam Television (VTV). The People’s Army Newspaper would like to introduce them to readers. 1. Dinh Quang Hieu Hieu, 1999, is a student of the University of Science under the Vietnam National University Hanoi. In 2016, he was granted a certificate with merit by the Prime Minister for his outstanding academic results. In 2016-2017, Hieu won two golds at the 48th International Chemistry Olympiad in Tbilisi, Georgia, and the 49th in Nakhon Pathom, Thailand, respectively. Dinh Quang Hieu Last year, … [Read more...] about Vietnam’s 10 Outstanding Young Faces in 2017 announced
Social News 15/1
Small-scale coffee farmer gets helping handLò Thị Phong from Chiềng Chung Commune in Mai Sơn District in the mountain province of Sơn La, has cultivated coffee for more than 10 years on 5,000 square metres of land, but she still finds life difficult.A decade seems long enough to improve farmining practices by trial-and-error, however, according to the middle-aged Thái woman, “even now, we still cannot keep proper financial accounts”.During discussions hosted by CARE International last week, stakeholders in the mountain coffee industry touched on deeper obstacles facing the industry.CARE has worked in Việt Nam since 1989, concentrating on supporting rights and sustainable development among vulnerable groups, particularly remote ethnic communities, poor women and girls and people vulnerable to climate change.Nguyễn Vĩnh Đức, deputy director of the Sơn La branch of the Minh Tiến Coffee Export Joint Stock … [Read more...] about Social News 15/1