Risks in supply chain

Non-bank lending an emerging solution - illustration photo Jinchang Lai, Asia Pacific financial infrastructure lead at International Finance Corporation (IFC), noted that non-deposit-taking lenders (NDTLs) should offer great potential to grow the leasing industry in Vietnam – and with an enabling environment, it can be further improved. “Personally, I know that there are private investors, both Vietnamese and foreign, who want to pour money into the leasing industry,” Lai said, adding that commercial NDTLs are currently missing from the Vietnamese market with the exception of a handful of financial leasing companies. … [Read more...] about Non-bank lending an emerging solution

In Vietnam, a typical example of an uncomfortable building is the 37-storey Danang Administrative Centre. Despite huge investment and a budget of up to VND2 trillion ($86.95 million), after only three years in operation the building has encountered many problems such as lack of air and intensive heat, which have seriously affected the health of more than 1,200 employees working there. … [Read more...] about Sustainable buildings fit for tomorrow

Averagely, Bkav system monthly detects over 15,000 spywares installed in smartphones. Specifically, spyware VN84App that can penetrate a smartphone to monitor and steal sensitive information like OTP codes and private messages of owners is currently aiming at Vietnamese mobile users. After a successful installation, VN84App will silently collect confidential data like messages, phone numbers, IMEI information to send to the hacker’s server. … [Read more...] about Vietnam loses over US$1 billion due to cyber virus in 2020

The pay-off from this strategy has been partly reflected in HPG’s performance in 2020. "Since the Dung Quat plant went on stream in the third quarter of 2019, HPG has been gradually gaining shares from other major steelmakers such as Posco SS, Pomina and VNSteel," securities company FPTS said in a recent note. … [Read more...] about The giddy rise of Vietnam’s steel billionaire

Nguyen Xuan Thanh, a member of the Prime Minister’s Economic Advisory Group and lecturer at Fulbright University Vietnam, said that Ho Chi Minh City is well behind the likes of Singapore, Hong Kong, and Bangkok when it comes to offering a strong financial centre for the globe. Therefore, Thanh said, the city needs to work with startups especially in order to improve technical infrastructure and cybersecurity, as well as train quality human resources to prepare for developing the city into an IFC. … [Read more...] about Global finance centre reboot on the cards