NA debates granting State Audit access to businesses and organisations' electronic data
Auditor General Hồ Đức Phớc presented the report on the amended law on State Audit to the National Assembly on Friday in Hà Nội. Also according to the State Audit, the amendment also falls in line with the recommendations from the International Organisations of Supreme Audit Institutions (INTOSAI) and international practices. Phớc said access to electronic records – as well as which types of data would be audited and the duration data can be accessed by the State Audit – would only be granted with the consent from the audited organisations and individuals. Similarly, auditors given the right to access and analyse data would be responsible for any breach, the Auditor General said. Some deputies said they wanted the State Audit to have access to whatever records and data they need, regardless of the opinion of the audited organisations and individuals.
Source:Viet Nam News
October 26, 2019 00:33 UTC
Cyberport Catalyses Growth in Tech Investment
Fuelling the rise in corporate venture funding with regional heavyweights at the Cyberport Venture Capital Forum 2019 on Nov 5-6HONG KONG, CHINA - Media OutReach - 24 Oct 2019 - Cyberport Venture Capital Forum (CVCF), Cyberport's annual major tech investment event, will return on 5-6 November. Cyberport will also be announcing the investment-matching achievements of its investment platform Cyberport Investors Network (CIN) as it celebrates its second anniversary. Other panel discussions will explore industry related hot topics such as family ventures, early stage investing and investor-investee synergy, innovative funding platforms disrupting the tech capital market, and tech investment market outlook along the Belt & Road region and China. Cyberport Investors Network (CIN) continues to facilitate investment-matching as it celebrates its second anniversaryThrough CIN, which was established specifically for the Cyberport Community, Cyberport has helped start-ups raise capital while offering investment insight and experience. CVCF is a highly anticipated flagship tech venture event for investors and entrepreneurs in the digital technology domain.
Source:Viet Nam News
October 24, 2019 10:41 UTC
Viet Nam attracts investors in the face of economic uncertainty
— Photo courtesy of VingroupHCM CITY — Despite the slowdown in global deal-making due to ongoing worldwide economic uncertainty, Việt Nam remains active in M&A in 2020, according to a new report by Baker McKenzie. Việt Nam, Thailand and Indonesia were identified in the report as Asian countries that saw strong inbound activity in 2019. South Korea is the largest source of foreign direct investment in Việt Nam, as the latter has become a production base for major Korean multinationals such as Samsung and LG. Looking ahead, the report predicts that activity will pick up again post-2020, as Việt Nam remains an attractive market. To understand how these hypothetical outcomes might impact the global economy and the implications for deal making, you may view the interactive Global Transactions Forecast tool http://interactive.globaltransactionsforecast.com.
Source:Viet Nam News
October 24, 2019 06:56 UTC
African Energy Chamber: It Is Time to Create Aggressive Market-Driven Policies That Spur Economic Growth
Photos: http://bit.ly/2AYO7mTVideo: http://bit.ly/2IGbsxVAttended by hundreds of senior government officials and energy executives from across Africa and the world, the Africa Oil & Power Conference & Exhibition is seeking solutions to make energy work better for Africans and investors. Mouhamadou Makhtar Cissé, Minister of Petroleum and Energies of Senegal, and Nj Ayuk, Executive Chairman of the African Energy Chamber and CEO of the Centurion Law Group. Delivering the opening remarks, African Energy Chamber Executive Chairman Nj Ayuk addressed key issues facing the industry's future, reminding the continent that it needs and must do better to provide energy and jobs to all Africans. At the core of the African Energy Chamber's message was also a call to women empowerment across Africa's energy industry. The African Energy Chamber closed its opening remarks on the issues of infrastructure development and cross-border cooperation.
Source:Viet Nam News
October 10, 2019 17:26 UTC
Spackman Entertainment Group’s New Film, CRAZY ROMANCE, Produced By Zip Cinema, Surpasses Break-Even Point Of 1.5 Million Tickets Within Eight Days, As Korea’s Best Romance Film Of 2019
Setting the record as the best romance film of the year in Korea[1], CRAZY ROMANCE has accumulated total ticket admissions of 1,503,424 with gross box office revenue of more than US$10.7 million as of 9 October 2019, based on the latest statistics from the Korean Film Council. Presented and distributed by Next Entertainment World, the theatrical distribution rights of CRAZY ROMANCE in Singapore was purchased by Clover Films Pte. The latest daily statistics from the Korean Film Council (http://www.koreanfilm.or.kr/eng/news/boxOffice_Daily.jsp?mode=BOXOFFICE_DAILY) on the performance of CRAZY ROMANCE shall be updated on the Group's website at http://www.spackmanentertainment.com. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements, and branded entertainment. The Company owns a 100% equity interest in Simplex Films Limited ("Simplex Films") which is an early stage film production firm.
Source:Viet Nam News
October 10, 2019 09:00 UTC
Spackman Entertainment Group’s New Film, CRAZY ROMANCE, Produced By Zip Cinema, Ranked As Korea’s Best Romance Film Of The Year, To Debut In 22 Countries Including Singapore
Ltd., a Singapore-based film distributor, purchased the theatrical distribution rights of CRAZY ROMANCE in Singapore. The estimated total production budget (including prints and advertising costs) for CRAZY ROMANCE is tentatively set at approximately KRW6.7 billion (or US$6.0million). The latest daily statistics from the Korean Film Council (http://www.koreanfilm.or.kr/eng/news/boxOffice_Daily.jsp?mode=BOXOFFICE_DAILY) on the performance of CRAZY ROMANCE shall be updated on the Group's website at http://www.spackmanentertainment.com. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements, and branded entertainment. The Company owns a 100% equity interest in Simplex Films Limited ("Simplex Films") which is an early stage film production firm.
Source:Viet Nam News
October 09, 2019 04:30 UTC
Digitisation of healthcare sector, a double-edged sword
Digitisation of the healthcare sector is important to better serve patients, but hacking by cybercriminals is a grave risk, and great efforts are needed to keep patient information secure. Once measurements are taken, the data is incorporated directly in the patient’s medical records without the need for manual intervention. According to the Ministry of Health, all healthcare establishments will complete digitisation of medical records by 2030. But the digitisation of the healthcare industry had led to a massive increase in the number of targeted attacks against the sector, he said. It is actually very dangerous.”At a recent conference on cybersecurity in the healthcare sector, experts said the consequences of a breach could be quite detrimental since healthcare records are highly personal and sensitive in nature.
Source:Viet Nam News
October 09, 2019 00:56 UTC
ASEAN members review IAI projects
Delegates at the 59th meeting of the Initiative for ASEAN Integration (IAI) Task Force and the 9th Consultation Meeting of the IAI Task Force and ASEAN Partners in Jakarta, Indonesia. — Photo vov.vnJAKARTA — The 59th meeting of the Initiative for ASEAN Integration (IAI) Task Force and the 9th Consultation Meeting of the IAI Task Force and ASEAN Partners took place in Jakarta, Indonesia from October 3-4. The 59th IAI Task Force Meeting is a regular event gathering representatives from ASEAN countries to review the implementation of IAI projects and seek ways to enhance the efficiency of the IAI Work Plan in the third phase in the 2016-20 period (IAI Work Plan III). In the future, the IAI Task Force plans to continue speeding up the project and launch 14 proposals which are being designed. At the 9th Consultation Meeting of the IAI Task Force and ASEAN Partners, the IAI Task Force briefed the partners of the implementation of the IAI Work Plan III.
Source:Viet Nam News
October 07, 2019 08:26 UTC
Long term plan needed to respond to climate change
In recent years, in the face of unpredictable weather and climate change, provinces in the Mekong Delta have adopted actions to adjust agriculture production to make it more adaptable. Farmers in the Mekong Delta have been growing rice for 50-70 years and rice cultivation is a strong economic sector. Does the MARD have scenarios on how to respond to climate change to help farmers in agriculture production? Under the Government's Resolution 120 on sustainable development of the Mekong Delta, agriculture production here will be organised according to ecological regions. Last but not least, if we want to increase land areas for fruit trees and aquaculture, we must reduce areas under rice cultivation.
Source:Viet Nam News
October 07, 2019 02:03 UTC
Norwegian project to make ocean waste valuable
A Norwegian project is being launched to promote the usage of plastic waste as a source of energy for energy intensive industries, reducing ocean waste and improving energy efficiency. The project will be carried out in five countries, the other four being China, India, Myanmar, and Thailand. Vietnam is the world’s fourth largest country in terms of discharging plastic wastes into the ocean, with its annual contribution being around 700,000 tonnesA Waste Management Department official said there was limited segregation of plastic waste, and low-value and recyclable wastes are typically discharged into the environment. It will push for public-private-partnerships in the collection of plastic waste and its usage in cement plants. This technique does not produce residues that need to be disposed, thus also saving waste processing costs.
Source:Viet Nam News
October 06, 2019 16:07 UTC
Lao morning news for October 1
— Vietnam PlusCost of farmed fish exceeds price set by Lao governmentAdding to their woes are the higher costs they incur in raising fish. — The Phnom Penh PostFeature photo Global EducationThis week’s Lao morning news feature photo focuses on World Teachers’ Day, October 5Find our previous morning news feature photos in the AEC News Today Morning News Feature Photos gallery where you will find a pictorial display of daily life throughout the Asean Economic Community (AEC). —About Lao morning news. Lao morning news roundup is the most comprehensive hand-curated selection of Lao English language news headlines published. This enables you to make an informed choice of whether you want to learn more by clicking directly through to the original Lao news article, or keep on reading the remaining Lao daily news headlines.
Source:Viet Nam News
October 01, 2019 00:11 UTC
Spackman Entertainment Group's Upcoming Film, CRAZY ROMANCE, Produced by Zip Cinema, Ranks #1 In Advance Ticket Reservations of Korean Films, Two Days Prior To Opening Day On 2 October 2019
According to the real-time booking rate from the Korean Film Council[1], CRAZY ROMANCE recorded 12.3% in ticket reservation rate as at 2pm today, the highest amongst all other Korean films. Directed by independent film director Kim Han-gyeol, the romantic comedy film is presented and distributed by Next Entertainment World Co., Ltd. The estimated total production budget (including prints and advertising costs) for CRAZY ROMANCE is tentatively set at approximately KRW6.7 billion (or US$6.0million). The Company owns a 100% equity interest in Simplex Films Limited ("Simplex Films") which is an early stage film production firm. Simplex Films has several films in the pipeline including, A BOLT FROM THE BLUE, IRREVOCABLE PROMISE and OUR SUPERSTAR K.For more details, do visit http://www.spackmanentertainmentgroup.com/
Source:Viet Nam News
September 30, 2019 09:00 UTC
The Future of Chips: SMART Announces Successful Way to Commercially Manufacture Novel Integrated Silicon III-V Chips
SINGAPORE - Media OutReach - 30 September 2019 - The Singapore-MIT Alliance for Research and Technology (SMART), MIT's Research Enterprise in Singapore, has announced the successful development of a commercially viable way to manufacture integrated Silicon III-V Chips with high-performance III-V devices inserted into their design. With our new process, we can leverage existing capabilities to manufacture these new integrated Silicon III-V chips cost-effectively and accelerate the development and adoption of new technologies that will power economies." Other markets that SMART's new integrated Silicon III-V chips will disrupt include wearable mini-displays, virtual reality applications, and other imaging technologies. NSC is the first fabless silicon integrated circuit company with proprietary materials, processes, devices, and design for monolithic integrated Silicon III-V circuits (www.new-silicon.com). SMART's new integrated Silicon III-V chips will be available next year and expected in products by 2021.
Source:Viet Nam News
September 30, 2019 03:11 UTC
Việt Nam remains frontier market: FTSE Russell - Economy - Vietnam News
Việt Nam has failed to be upgraded to the secondary emerging market status in the latest FTSE Russell classification review. - Photo vnreview.vnHÀ NỘI – Global provider of benchmarks, analytics and data solutions FTSE Russell last week kept Việt Nam on its watch list as a frontier market. Việt Nam was added to the watch list a year ago for possible reclassification to secondary emerging market status. Besides the “clearing and settlement” criterion, Việt Nam needs to improve the “settlement – rare incidence of failed trades” but it needs further information for assessment, according to FTSE Russell. According to FTSE Russell, Việt Nam needs to follow the international practice of delivery and payment, meaning an investor will pay for shares after he receives them.
Source:Viet Nam News
September 30, 2019 01:52 UTC
Vietnamese, Lao top legislators hold talks
Vietnamese National Assembly Chairwoman Nguyễn Thị Kim Ngân and her Lao counterpart Pany Yathotou in Vientiane as part of the Vietnamese legislative leader’s visit to Laos from Thursday. — VNA/VNS Photo Trọng ĐứcVIENTIANE — Chairwoman of Vietnam’s National Assembly Nguyễn Thi Kim Ngân and her Lao counterpart Pany Yathotou held talks in Vientiane yesterday during her on going visit to Laos. Ngân shared her sympathy over the human and property losses caused by recent floods in six central and southern Lao provinces. She said some Vietnamese representative offices in Laos as well as the Vietnamese community in Laos, Vietnamese localities, ministries and departments have been raising funds to support Lao people. For example, the Vietnamese and Lao parliaments have urged the governments to deal with proposals of the two committees for external relations on free migration and undocumented marriage in the two countries’ shared border areas.
Source:Viet Nam News
September 27, 2019 03:00 UTC