VIR
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Cyber-attacks have become a fact of life
Five days after being released, the WannaCry ransomware has infected more than 300,000 devices in over 150 countries worldwide, as reported by the United States Homeland Security Advisor.
Lotte Vietnam on losing streak since operations began
Since entering the Vietnamese market in 2006, Lotte Mart Vietnam has never had profit.
Residential apartment complex of the year opens sales
Locally-owned Song Da-Viet Duc Investment JSC held the official ceremony to open sales at its Viet Duc complex, which has attracted a lot of attention recently.
KOICA helps shape the future
Vietnam is the first partner country for the Korea International Cooperation Agency (KOICA) in Asia. VIR talks with Kim Jinoh, the newly-appointed country director of KOICA, on his mission and the agency’s efforts toward supporting Vietnam’s education, healthcare, and green growth sectors.
Titanic shipping company taking on water
The released annual report of Vinalines subsidiary Vietnam Ocean Shipping Joint Stock Company (Vosco) showed a big loss in 2016 and the company is trying to save itself by restructuring for the second time in ten years.
Candy market experiences shakeup
Two major state-owned confectionery firms, Huu Nghi and Hai Ha, recently transferring to private ownership is expected to pave the way to becoming market leaders.
Local firms learn the importance of cyber security
Vietnamese firms, especially those in the financial sector, should step up their security immediately to combat Wanna Decryptor and other, more sophisticated cyber attacks in the future. Will Nguyen, head of Cybersecurity, KPMG Vietnam & Cambodia shared his views with VIR’s Nam Phuong.
Tentative banks slow hi-tech agricultural credit package
There is a VND130-140 trillion ($5.72-$6.16 billion) credit package for hi-tech agricultural projects, however, few firms have been able to access it due to cautious banks.
Refreshing breeze of transparency: a list of ineligible projects
A list of all housing projects in which foreign organisations and individuals are not allowed to make purchases is being publicised by local authorities at the urgent bidding of the government.
M&A abuzz in real estate market
Recently, the real estate market in southern Vietnam witnessed a new wave of M&A. Especially enterprises with an advantage in financial capacity are constantly expanding their scales.