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Wifi auditor

Experts warn of high risks for information security in 2021

November 2, 2021 by vietnamnet.vn

Still coping with difficulties caused by Covid-19, small and medium enterprises (SMEs) also face risks in information and data security in 2021.

Experts warn of high risks for information security in 2021

Kaspersky’s report on the impact of Covid-19 on SMEs in 2020 pointed out that as the pandemic has caused serious damage to businesses, many of them cut their budgets for information technology and information security solutions in 2021. Micro businesses and business households do not have enough money to hire workers in charge of information security.

Ransomware

Experts said ransomeware of different types ‘mushroomed’ in 2020, targeting more subjects and increasing the level of danger. They have targeted hospitals, medical and financial institutions, important agencies, factories and infrastructure items in order to increase the pressure and require ransoms.

Meanwhile, the level of awareness and vigilance of SMEs about the malware remains modest.

A report from Coveware showed that ransomware ‘favors’ SMEs with fewer than 100 officers with 55 percent of attacks targeting this group of businesses.

The majority of SMEs that are victims of ransomeware pay ransoms in exchange to get back for their important data.

A new characteristic of Ransomware 2.0 is that they not only encrypt data and require ransoms, but also blackmail victims in exchange for not making public the data.

Scamming via emails, mobile messages

Hackers exploit mistakes by officers and key personnel in enterprises and organizations to penetrate into their systems, and steal financial information and enterprises’ data.

Abnormal Security reported that the number of phishing emails disguised as invoices and payments has increased by 81 percent, causing a loss of $81,000 on average for every attack.

Experts found that it is easier to cheat people via mobile messages associated with links that people click on. This type of phishing has become favored by hackers.

Response

Ngo Tran Vu, CEO of NTS Security, said the Covid-19 pandemic has forcef SMEs to run a remote working regime, which is a high risk for businesses’ information safety.

“Officers working from a distance tend to be (careless) when accessing enterprises’ secret information. They may access businesses’ accounts from public wifi networks which can be hacked easily,” he said.

The devices they use, such as computers and smartphones, also cannot be protected well like devices at office which are protected by professional IT officers. Therefore, businesses need to set principles for information access to protect data.

“A plan for safe remote work and scenarios to respond to emergency cases are necessary for SMEs,” Vu said.

He went on to say that backup, both offline and online, on clouds will help reduce risks from ransomware.

Trong Dat

Ensuring information security for cloud computing a key national goal

Ensuring information security for cloud computing a key national goal

The Ministry of Information and Communications has determined that the cloud computing platform is a key part of telecommunications infrastructure to focus on in the coming years.

Vietnamese team tops qualifying round of ASEAN information security contest

Vietnamese team tops qualifying round of ASEAN information security contest

Pawsitive of the University of Engineering and Technology under the Vietnam National University, Hanoi excellently surpassed rivals to gain the first place at the ASEAN Student Contest on Information Security 2020’s qualifier on October 31.

Filed Under: sci tech environment information security, BKAV, ransomware, IT news, sci-tech news, vietnamnet bridge, english news, Vietnam news, vietnamnet news, Vietnam latest news, Vietnam..., rubbish spy for high risk security, prioritizing information security risks with threat agent risk assessment, why risk management is important in information security, cloud computing benefits risks and recommendations for information security, high risk unit security, risk based approach to information security

Choosing Vietnam: All about trusting the data for American entrepreneur

February 12, 2021 by english.thesaigontimes.vn

Expats Blog
Choosing Vietnam: All about trusting the data for American entrepreneur
By Harry Hodge
Friday,  Feb 12, 2021,15:20 (GMT+7)

Choosing Vietnam: All about trusting the data for American entrepreneur

By Harry Hodge

Jon Barrett noted that as Vietnam and Southeast Asia grow, Vietnam is quickly becoming a growth hub as well as a cosmopolitan destination with plenty to offer

As a man whose life revolves around data, everything added up to make Vietnam Jon Barrett’s home base as well as launching his ambitious business venture.

Jon Barrett is co-founder and CEO of Joon Solutions. Therefore, being analytical is his bread and butter. The firm is first and foremost a service company, with a goal to help accelerate Vietnam and global businesses through data and technology services.

“What a lot of companies don’t consider or understand is the idea that Google, AWS, and Microsoft are simply toolmakers,” Mr. Barrett said of his venture. “They make hammers, nails, boards etc. We are the craftsmen that make those tools work for companies.

“Buying a hammer won’t make you a building, hiring a builder will get you any building you want, provided it is a good builder. We are builders of companies, where technology meets business.”

As for how the native of Michigan in the United States arrived in HCMC, it’s the classic tale of finally finding the place you’ve been looking for most of your adult life. A self-professed globetrotter, Mr. Barrett calculated having spent 18 years abroad touring over 36 countries, with the last five in Vietnam as his home base.

“I think the most attractive thing about Vietnam is the people,” he said. Everyone strives for better, has incredible work ethic, very similar to America, and is incredibly welcoming.

“Within my first week living in Vietnam I had broken bread with people that have become lifelong friends. Hospitality is something that Vietnam has in abundance.”

Mutually beneficial relationship

Jon Barrett noted that as Vietnam and Southeast Asia grow, Vietnam is quickly becoming a growth hub as well as a cosmopolitan destination with plenty to offer. And Mr. Barrett believes he has something of his own to offer in return.

“When I think about what I have brought to Vietnam I think about my personal drive to make the world a better place,” he said. “Through my extensive education and experience working with Global 2000 companies, I bring insights and ideas to help the local economy grow and thrive.

“I bring a passion of striving to achieve my goals and inspire everyone around me to do the same. When I engage with a company or even my peers, I think about how I can help them improve their journey and how we can work together to make the world a better place.”

His love for technology coincides with a number of fascinating initiatives afoot in the nation, with the implementation and development of Smart Cities stepping into the spotlight. He foresaw more and more international players making their way to Vietnam and wanted to be in on the ground floor as the impending boom nears.

“Vietnam has shown over the last five years that it is a booming economy and globally competitive,” he said. “Businesses here are motivated to be the best in the world and make a global impact. That matches who I am to my core.”

He also saw his company being instrumental in the coming boom he anticipates for the tech industry in Vietnam.

“We want to develop Vietnam holistically,” he said. “We offer training and education to the younger generation who is interested in technology. We develop global products to create jobs here in Vietnam.

“We provide smart tech solutions to give Vietnamese companies a competitive edge in the global market. We invest in local tech companies to increase their global market share.”

Lifetime of tech in a city of the future

At age 11, Barrett’s father bought him a book on C++ and shortly thereafter he developed his first “app.”

“It was a game called “Pizza Boy,” very similar to Nintendo’s 1980’s hit Paperboy,” he recalled. “My first startup was working with Brian Flynn at Avalon Technologies in Michigan circa 2008 right after university. I then went on to where all techies go, California, to work with Managed Solutions, Teradata, and IBM.

“When I expanded my horizon and set out to experience the world I became an independent company doing freelance tech work as I traveled the globe. Once I found my home here in Vietnam, Joon Solutions was a perfect fit.”

Indeed, a number of exciting initiatives are afoot in HCMC as it moves towards more and more “smart” developments. Problems such as unsustainable economic growth, flooding, traffic congestion and pollution are all being targeted, in addition to improving interaction between the city’s administration, businesses and residents.

Four key sub-projects have been identified, notably: A smart urban operation center; a center for receiving and processing urgent information; a surveillance camera control center; and a database management system under the city’s existing common-use shared data warehouse.

Prominent multinational firms are interested in such technological advances as well, with Japan’s Mitsubishi Corp. and Nomura Real Estate Development joining Vingroup, Vietnam’s biggest conglomerate, on a large urban development project in HCMC’s District 9. Some initiatives in the planned project include a facial recognition system to monitor those entering the area, autonomous buses and other technologies.

Smart cities are being built in many locations across the country, notably Hanoi, HCMC, Danang, Binh Duong, and Nha Trang. The establishment of Thu Duc City, combining districts 2, 9, and Thu Duc, expects to set up a smarter and high-tech location that can attract both international and domestic investment into the area.

Eyes on the prize

With all of these major developments going on, it’s hard not to get excited about what the future holds for players with their fingers on the pulse of data, analytics, tech and associated fields. As cities grow, so do problems like lack of resources, over-population, and infrastructure woes. A smart city uses different technologies to collect data, and the appropriate use of that information is crucial to the project’s success.

There are other areas of interest as well. The increasingly tech-savvy population has an appetite for new forms of commerce including blockchain, and the concept of a cashless society. A survey conducted by global payment technology company VISA revealed 79% of Vietnamese consumers favor a government initiative focused on transforming the country into a cashless society. Southeast Asia is noted as an area of payments innovation thanks to its high rate of wifi connectivity, large swathes of the population who eschew traditional banking and government initiatives focused on transforming countries into cashless societies.

And when it comes to these prospects, Mr. Barrett’s analytics tell him the sky’s the limit for Vietnam as a whole and HCMC in particular.

“We are the first step in making Vietnam the new tech center of Asia, hopefully surpassing Singapore in the coming years,” he said. “With our collaboration and connection to the tech mech of Silicon Valley we want to make Saigon City its twin, Silicon City.”

Indeed, the future looks bright in Vietnam, and fortune favors those bold enough to take the bull by the horns. Being already in place in Vietnam at the time of the global Covid-19 outbreak, Mr. Barrett and others have concluded they’re in the best place in the world in the moment to prepare for the post-pandemic future. And it’s hard not to agree.

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Vietnam’s first-ever law concerns public-private partnership

December 30, 2020 by hanoitimes.vn

The Hanoitimes – The law envisages that five sectors eligible for PPP investment including transportation, power industry, irrigation, healthcare, and infrastructure.

Vietnam’s Law on Investment that will take effect on January 1, 2021 becomes the first-ever law in the country published in the form of public-private partnership (PPP).

Law envisages five sectors eligible for PPP investment

The law that was ratified by the National Assembly on June 17, 2020 clarifies the scope and scale of power projects eligible for PPP investment, according to Dr. Oliver Massmann, a Financial Accountant and Auditor, who discussed about the Draft Law with key personnel of the parliament.

The revised law incorporates the following recommendations suggested by Duane Morris LLP, a law firm with more than 800 attorneys in offices across the US and internationally.

According to Dr. Oliver Massmann who can be reached under [email protected], Article 4 of the Law envisages that five sectors eligible for PPP investment include: a/ Transportation; b/ Power grids, power plants, except for hydroelectricity power plants and cases of State monopoly in accordance with Electricity Law; c/ Irrigation: water supply, drainage, and wastewater treatment, waste treatment; d/ Healthcare, education, training; e/ Infrastructure for application of information technology.

The PPP law also stipulates the total investment capital requirement for a PPP project. For instance, excluding Operation & Maintenance Contracts, power projects must have the minimum total invested capital of VND200 billion (US$8.7 million). The figure is lower (VND100 billion) for projects in areas with difficult socio-economic conditions.

Importantly, the law emphasizes the importance of bankable PPP contracts .

Duane Morris suggested that the National Assembly should consider providing a bankable PPP contract template in the law itself or in its guiding decree/circular.

In Article 47 of the PPP law, it was supplemented that the government shall regulate the issuance of standard contracts for BOT, BTO, BOO, O&M, BTL, BLT, BT or mixed contracts projects. Regarding lenders’ step-in right, PPP Law sets forth that in case of termination of PPP project contract ahead of the deadline and it is required to select a replacement contractor to ensure the progress of the project, the lender must coordinate with the State to select the alternative investor.

Notably, the law determines in details investment incentives that investors can enjoy .

Article 80 specifies that investors are provided with security regarding land access rights, right to use land and other public properties, property mortgage right, right to trade the project and its infrastructure system. PPP project enterprises are also given priority to utilize public services for implementation of the project, and competent agencies must assist investors in carrying out necessary procedures in order to optimize this priority.

In addition, other notable provisions in the new PPP Law, including

1/ Foreign currency balance-ensuring scheme is applicable to projects subject to the National Assembly or the Prime Minister’s issuance of decision on investment policy.

The latter applied for projects with total invested capital of at least VND5 trillion (US$217 million), suggesting that all power projects eligible for PPP investment are automatically eligible for this foreign currency scheme. In addition, there is a ceiling of 30% to be imposed for all PPP projects.

2/ Revenue risk sharing mechanism: When the actual revenue reaches more than 125% of the revenue in the financial plan of the PPP project contract, investor to share with the State 50% of the increase between actual revenue and committed revenue in the contract.

When the actual revenue reaches less than 75% of the revenue in the financial plan of the PPP project contract, the State to share with investor 50% of the decrease between actual revenue and committed revenue in the contract.

This revenue reduction sharing mechanism is applied when the following conditions are met: 1. Type of contract: BOT, BTO or BOO; 2. The cause of loss is change in laws and policies; 3. Measures to adjust product and public service prices and contract terms have been implemented but the total revenue is still less than 75%; and 4. The State Audit has audited the revenue reduction.

3/ Selection of contractors to execute PPP projects: PPP contracts must contain binding content on the contractor’s responsibility if the quality of the project does not meet the agreed requirements. Usage of domestic contractors is encouraged for works that can be carried out by them.

4/ Governing laws: PPP contract, its annexes and related documents are to be construed and interpreted in accordance with Vietnamese laws.

Dr. Oliver Massmann said it is great pleasure that the National Assembly took into consideration Duane Morris’ advice and recommendations as these moves are a step in the right direction.

It remains to be seen whether there will be the political will to fully implement PPP projects regularly and on large scale, the expert added.

Filed Under: Uncategorized Vietnam law on investment, public-private partnership, National Assembly, Duane Morris, Dr. Oliver Massmann, cryptocurrencies in public and private law, public and private laws, public and private law

Thang Long-Hanoi Imperial Citadel to confirm world heritage’s position

November 23, 2020 by hanoitimes.vn

The Hanoitimes – 2020 marks 10 years that the Imperial Citadel of Thang Long-Hanoi received recognition as a world cultural heritage by UNESCO.

Ten years the Imperial Citadel of Thang Long-Hanoi was recognized as a world cultural heritage by UNESCO, Hanoi has made great strides in the preservation and promotion of the heritage’s value.

The Imperial Citadel of Thang Long

“There are a very few countries in the world could preserve the vivid memories of the capital’s founding over 1,000 years ago without fading over time. I admire Vietnam very much for this,” said former UNESCO Director-General Irina Bokova. It’s true that the Imperial Citadel of Thang Long is an intriguing relic of Vietnam’s history and, signifying its historical and cultural importance.

8.30pm (in Brazil) or 6.30am (in Vietnam) on August 1, 2010 seemed to be unforgettable point of time for Professor Phan Huy Le and other Vietnamese historians and archaeologists. After a sleepless night waiting, finally, the hammer knocked at the 34th session of the World Heritage Committee in Brasilia (Brazil), recognizing the Thang Long Imperial Citadel as a world cultural heritage.

“The recognition is very important because the existence of a world cultural heritage within the city would help Hanoi enhance its role as a town of rich culture among many renowned capitals worldwide,” said Professor Le, who led the application process to UNESCO to recognize the Thang Long Imperial Citadel as a world’s cultural heritage.

Until 2000, the location of the imperial capital of the monarchical regimes in Hanoi remained unknown. From 2002 to 2003, a massive archaeological excavation was conducted at 18 Hoang Dieu (the present Thang Long Imperial – the location which years earlier was garrisoned by the army) revealed an extremely valuable relic complex, affirming the existence and longevity of the Thang Long Imperial Citadel through a thousand years. Many artifacts and items dating back to between the 6th and 20th centuries were unearthed, including foundations of old palaces, ancient roads, ponds and wells.

In October 2004, the citadel opened its doors to visitors for the first time, becoming a special cultural event attracting the attention of thousands of people of the capital and the country as well as international tourists.

2020 marks the tenth year since UNESCO honored Thang Long Imperial Citadel as a world heritage site.

The year of 2020 marks the tenth year since UNESCO honored Thang Long Imperial Citadel as a world heritage site. During the years, Hanoi has made a great effort in preserving and promoting the values of the heritage through the organization of many exhibitions related to the site. In addition, a website and a social network have been created to help people understand more about the history of Vietnam.

The Imperial Citadel of Thang Long has now become a destination for domestic and international tourists. The place turns to be a familiar venue for many major cultural events of the capital, resulting in an annual increase of nearly 30% in average revenue from ticket sales. Some technology applications are also deployed here in order to bring the most perfect experience for visitors such as free wifi, audio guide application on smartphones and 360-degree virtual tour, among others.

“The results of researching, preserving and promoting the heritage values in the past 10 years lay a solid foundation for us to prepare well for the next step: turning the Thang Long Imperial Citadel into a long-term preserved historical park, a leading tourist attraction of the capital and the country,” said Mr. Tran Viet Anh, director of the Thang Long Heritage Conservation Center.

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Hanoi’s first metro line must start running in 2020: PM Phuc

June 11, 2020 by hanoitimes.vn

The Hanoitimes – The order from PM Phuc came after months of reports that the first metro line in Vietnam is 1% away from completion.

Prime Minister Nguyen Xuan Phuc has requested government agencies to complete and put key transport projects into operation in 2020, including the long-delayed Cat Linh-Ha Dong railway line in Hanoi, Kinhtedothi.vn reported.

Particularly, PM Phuc requested the general contractors to speed up the progress and complete all procedures for key transport infrastructure projects, including the North-South Expressway, Long Thanh International Airport, upgrade runways at Noi Bai and Tan Son Nhat airports, T3 terminal construction at Tan Son Nhat airport.

Date for official run of Hanoi’s first metro line remains unknown. Photo: Pham Hung

The PM stressed on key transport projects in 2020, especially the Cat Linh – Ha Dong railway. He asked the transport ministry to report all the project’s obstacles to the National Assembly for proper solutions.

The order from PM Phuc came after months of reports that the first metro line in Vietnam is 1% away from completion, and the Chinese contractor, China Railway Sixth Group Ltd.Co., has not yet finished paper work to hand over the line to the Vietnamese Ministry of Transport.

Earlier, at an April meeting with Hanoi’s authorities, Prime Minister Nguyen Xuan Phuc also requested the Ministry of Transport and the Hanoi city government to thoroughly address all pending issues related to the Cat Linh – Ha Dong project and clear all hurdles to its operation.

He requested the Ministry of Transport to discuss with the Chinese partners to solve all remaining issues, especially the safety evaluation, by June 2020.

For his part, Minister of Transport Nguyen Van The affirmed that his ministry had sat down with Hanoi’s leaders to discuss this project several times. The two sides showed determination to put the Cat Linh – Ha Dong railway project into commercial operation by September 2020.

Work on the Cat Linh-Ha Dong railway line, which covers around 13 km, began in October 2011 and was originally planned for completion in 2013.

However, several hurdles, including loan disbursement issues with China that were only resolved in December 2017, stalled it for years.

Project costs have more than doubled from the original VND8.8 trillion (US$553 million) to VND18 trillion (US$868 million), according to state auditors, applying the exchange rate at their respective timings.

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Vietnamese telcos begin testing 5G services in earnest

December 6, 2020 by e.vnexpress.net

State-owned Vinaphone last week became the first to conduct 5G commercial tests in both Ho Chi Minh City and Hanoi.

In Hanoi, VnExpress reporters using 5G devices were able to reach download speeds of 721 megabit per second (Mbps), or 10 times higher than 4G speeds. In HCMC, it reached 1,000 Mbps, with downloading a 1.16 gigabyte (GB) app taking around 34 seconds.

Vinaphone also unveiled its 5G routers developed in partnership with Finland’s Nokia.

The device collects 5G waves and broadcasts it as wifi signals, enabling Internet use in households without the need for fiber-optic cables.

Military-run Viettel commercially tested its 5G broadcast in Hanoi on November 30, achieving 10 times the download speeds of 4G when the user is in one place and five times when travelling in a vehicle.

Viettel has put up 100 base stations in the city’s three downtown districts, and users with 5G devices can start experiencing the technology without the need to change their sim cards.

Of the 100 stations, it produced 15 in-house and bought the rest from Sweden’s Ericsson.

The company plans to expand to Da Nang and HCMC soon.

Le Dang Dung, the chairman of the company, said when 5G transmission is stable it could help doctors perform surgeries through the Internet and factories could be completely automated.

Another state-owned telecom firm, MobiFone, began commercially testing 5G services in HCMC on November 27, achieving average speeds of 600-800 Mbps, going up to 1,500 Mbps.

The company plans to install 50 stations in the city this month.

But it will take time for smartphone makers and networks to perfect 5G operations.

Some Huawei, Xiaomi, Asus, Nokia, and Oppo devices can use 5G, but Samsung devices have to wait until the end of the year at least, and it is unclear when iPhone devices will be able to connect in Vietnam.

The subscription rate is a concern among users. Currently operators are providing free data to promote the new technology, but it is unclear what the tariffs will be.

During the commercial test period, the Ministry of Information and Communications has limited the rates to the same level as for 4G, but operators can later change them.

Pham Ngoc Tu, head of Vinaphone’s services research and development department, said it is still too early to determine 5G rates, and the company needs to establish around 50,000 stations to calculate prices.

Communications minister Nguyen Manh Hung said in 2018 that Vietnam would be one of the first countries in the world to launch 5G services.

It was seven or eight years behind in adopting 3G and 4G technologies, but not with 5G, he promised last month, adding that it would be widely available in the country from next year.

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