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
Why supply chain is important
Sustainable buildings fit for tomorrow
With an average lifespan of 30-40 years, each building certainly continually impacts its surroundings. Reducing carbon for buildings and construction is a key to achieving the Paris Agreement on Climate Change Action and the UN’s Sustainable Development Goals. In 2018, the operation of buildings and the entire construction sector accounted for 36 per cent of total energy consumption and 39 per cent of CO2 emissions, with 11 per cent of them being the result of the manufacturing process of building materials – especially steel, cement, and glass. … [Read more...] about Sustainable buildings fit for tomorrow
Vietnam loses over US$1 billion due to cyber virus in 2020
The increasing threat of cyber attacks on financial service providers is driving a major focus on cybersecurity, particularly in banking. In 2020 alone, hundreds of billions of Vietnam dong have been appropriated relating to banking cyber security mostly hacking bank users’ one-time password (OTP) security. … [Read more...] about Vietnam loses over US$1 billion due to cyber virus in 2020
Smart manufacturing for accelerated digitalisation
Ericsson wishes to applaud the Vietnamese government for its strategic leadership in promoting the digital transformation of industries and enterprises, highlighting the importance of technology advancements for Vietnam’s continued socioeconomic prosperity. We fully support the government’s directions to effectively harness opportunities from the Fourth Industrial Revolution with 5G serving as the enabling digital infrastructure to support the rapid and sustainable development of Vietnam. … [Read more...] about Smart manufacturing for accelerated digitalisation
Computer viruses cost Vietnam $1 bln in 2020: Bkav
Several e-commerce platforms were the target of attacks last year, resulting in users’ data being stolen. Social media sites like Facebook were no exception, with around 300,000 personal data profiles of Vietnamese, including full names, addresses and phone numbers, found on sale on a cyberhacking forum earlier this month. … [Read more...] about Computer viruses cost Vietnam $1 bln in 2020: Bkav