VietNamNet Bridge - Vietnamese can buy bitcoin and other virtual currencies on some trading floors, but as Vietnam doesn’t recognize bitcoin as an official currency, Vietnamese are facing risks when conducting transactions.The bitcoin price has increased by two times compared with September 15, and soared by 600 percent compared with the beginning of the year.This explains why many Vietnamese still buy bitcoins despite the warning about risks.They are also buying bitcoins because they hope it will be recognized in Vietnam, though the central bank has been called on to prohibit it. The current laws do not recognize bitcoin as a currency with payment function, but do not prohibit the trading and possessing of bitcoin.Vietnamese can buy and sell bitcoin on markets held on the internet. The groups of people on social networks gather bitcoin buyers and sellers. Users need a bitcoin wallet, which is free of charge, for transactions. Those who want to sell/buy bitcoin will make … [Read more...] about Where are Vietnamese buying bitcoin?
VietNamNet Bridge - Ha The Phuong, deputy CEO of CMC Infosec, has told wi-fi users not to worry about vulnerabilities in WPA/WPA2 protocol, considered the most secure encryption protocol available today. Mr Ha The Phuong from CMC InfosecThe newly discovered vulnerability comes from the kernel of WPA2 which can be exploited by a new attack method called KRACK. Systems that use Android, Linux, Apple, Windows, OpenBSD, MediaTek, and Linksys all could be affected.However, Phuong, a security expert, in an interview with a local newspaper, affirmed that Vietnamese hackers won’t be able to carry out attacks easily, because they need to have special wi-fi transceivers. … [Read more...] about Vietnamese hackers cannot exploit wifi vulnerabilities: expert
VietNamNet Bridge - The first warning about the ‘Thai goods threat’ was given two years ago when Thai groups took over a number of retail chains in Vietnam. Watchdog agencies said they are alarmed about the increase in the trade deficit with Thailand.Vietnamese manufacturers in the past remained unruffled about the warnings. They believed there was no need to worry about the presence of Thai products in the domestic market because Vietnamese products were good enough.But Thai products have been threading their way to every corner of the domestic market, step by step replacing Chinese products, which once flooded the market. The chair of a Vietnamese owned food company commented that Thais have been very professional in marketing and entering the Vietnamese market. He was surprised when seeing a package of Thail-made dried fruit with Vietnamese words ‘Trai cay Thai cang an cang khoai’ (Thai fruits – the more you eat the more you like). … [Read more...] about Are Vietnamese manufacturers afraid of Thai products?
Speaking at the event, Vice Chairman of the State Committee for Overseas Vietnamese (SCOV) Luong Thanh Nghi stressed that innovative start-up is a growing trend, and many Vietnamese-invested enterprises in the US have gained successes. However, to reap more fruits, these enterprises need closer connectivity and coordination, Nghi suggested.The SCOV wants to build a network of Vietnamese startups in the US and Vietnam, he said, adding that a similar forum will be held in Ho Chi Minh City in January 2018 to foster links among start-ups both in and outside Vietnam. Secretary of the Ho Chi Minh City Party Committee Nguyen Thien Nhan said that the forum was a valuable chance for enterprises from the city and the US to exchange business cooperation and investment opportunities. Ho Chi Minh City wants to learn from experiences of start-up enterprises in the US in order to have appropriate measures to speed up the start-up movement in the city, he said. Nhan told participants that the … [Read more...] about Forum connects Vietnamese startups in US and Vietnam
Philippine authorities have exhumed a cadaver that was supposed to be the body of Pham Minh Tuan, captain of ship Royal 16 who was kidnapped in the Philippines on November 11, 2016. Ship Royal 16 (Photo: vnexpress.net) The exhumation was made at the request of the Vietnamese Embassy in the Philippines.The remains are scheduled to be transported to Manila on December 11 for preservation and DNA testing.Vietnam’s relevant agencies will closely coordinate with the Philippines during the process of verification, the embassy said.If the remains are confirmed to be Tuan’s, the embassy will promptly complete relevant procedures to bring him home.Royal 16, with 19 crewmembers aboard, was carrying cement from Vietnam’s northeastern province of Quang Ninh to the Philippines when it was attacked by pirates.The pirates kept six crew members, including the captain, as hostages and released the remainders.Meanwhile, the Philippines authorities said Royal 16 was attacked by an … [Read more...] about Body supposed to be of abducted Vietnamese captain exhumed
In his report, President of the Czech-Vietnam Society Marcel Winter said: "Over the past 20 years of its operation, the Czech-Vietnam Society have always supported Vietnamese people and valued the friendship between the two peoples. We will all together fight for the benefits of Vietnamese people in the Czech Republic."Ambassador Tuan said he values the Society’s contributions to enhancing friendship and mutual understanding between the two peoples, adding he looks forward to further activities to promote the image of Vietnam in the Czech Republic as well as the traditional friendly relations between the two countries. Nguyen Duy Nhien, Chairman of the Overseas Vietnamese Association in the Czech Republic, said: "For 20 years, the Czech-Vietnam Society has worked with us to integrate Vietnamese into the local society and protect our legitimate rights. They help connect Vietnamese people in Czech and the Czech people."The Czech-Vietnam Society will work with the Czech authority … [Read more...] about Czech-Vietnam Society works to support Vietnamese people
Mr. Nghi said doing start-ups is a growing trend, adding that many successful Vietnamese firms in the US want to expand their cooperation with others.Nguyen Thien Nhan, Secretary of the Ho Chi Minh City's Party Committee, said the forum is a valuable chance for enterprises in Vietnam and the US to enhance investment opportunities and cooperation. He said he wants start-ups to exchange experience, thus the city will take steps to boost the start-up trend. At the forum, successful start-ups in science and technology and venture capital shared their experience in investment, business strategies, and development orientation. A similar event will take place in Ho Chi Minh city in January to help connect domestic and overseas start-ups. … [Read more...] about Forum connects Vietnamese start-ups
December 10 was selected as Vietnamese Coffee Day by Prime Minister Nguyen Xuan Phuc.With the theme “New Development Stage for Vietnam’s Coffee Industry”, Vietnamese Coffee Day includes an international seminar on the development of the country’s coffee industry, with the participation of organizations and entrepreneurs from the world’s leading coffee countries, an exhibition introducing high quality coffee products from famous coffee plantations nationwide, and tours to coffee production and processing areas using high technology in Lam Dong.Visitors will have the chance to learn about the coffee culture of different areas and regions in Vietnam, while producers and enterprises can distribute market information, share experiences, and seek business partners. Local businesses can also promote their products to local and international consumers.Vietnam’s central highlands has over 450,000 ha of coffee trees, accounting for over 90 per cent of the … [Read more...] about First Vietnamese Coffee Day on way in Da Lat
A court in Hanoi sentenced a Chinese man to eight years in prison on Friday for in-flight theft, according to Tuoi Tre (Youth) newspaper.Ding Ying Jun, 47, was found guilty of stealing nearly VND400 million ($17,600) from two passengers on a Vietnam Airlines flight from Ho Chi Minh City to Hanoi last April.According to the indictment, Ding deliberately changed seats after takeoff to sit near two fellow business class passengers. While they were distracted, he proceeded to take VND100 million and $400 in cash from one passenger's handbag and an envelope containing $13,000 from another, before returning to his original seat.After noticing Ding acting suspiciously, the chief flight attendant asked passengers to check their luggage, and the theft was discovered. Ding denied the allegations but was later spotted throwing the stolen money back into a baggage compartment. He was handed over to Hanoi police upon arrival.At the trial, Ding continued to deny the charges and insisted he had found … [Read more...] about Chinese man sentenced to 8 years in jail for stealing on Vietnamese flight
>> Japan quake-tsunami death toll likely over 10,000>> Vietnam on high alert for earthquakes, tsunamisAccording to the Ministry of Labour, Invalids and Social Affars, (MoLISA), there have been no Vietnamese nationals dead or injured in Japan’s earthquake. Walking through debris MoLISA’s Department for Overseas Labour Management confirmed this information on March 11, after receiving initial reports from Vietnamese firms, as well as th embassy, who have sent staff to Japan.According to the management department for Vietnamese workers in Japan, around 18,000 Vietnamese students and workers in Japan got through the disaster unharmed.Vietnamese Ambassador to Japan, Nguyen Phu Binh, confirmed that there were no fatalities or injuries of Vietnamese citizens from the disasters.Taro Nakajima, the honorary consul of Vietnam in Japan, stated that all the Vietnamese workers of a fishery in Kushiro on Hokkaido … [Read more...] about Vietnamese in Japan escape disaster