Robert Trong Tran, director of Cyber Security Assurance Service at PwC, talks to VIR about how to avoid cloud security pitfalls. Potential cloud threats In Vietnam, the importance of cloud security has often been underestimated. Many business leaders still consider cloud services as the best solution for ensuring data security. This is not entirely accurate. The aforementioned incidents had several things in common. All occurred on a public cloud, where security configurations are sometimes complex, disjointed from on-premises standards, and often misunderstood. All companies could have benefited from a more detailed design and implementation of cloud infrastructure, business processes and security policies, and all suffered from a vaguely defined ‘shared responsibility model’ that created exploitable loopholes. It doesn’t end there. In the broader market, there are many common pitfalls which are often left unaddressed. According to the Lloyd’s Class of Business … [Read more...] about How to avoid cloud risks
How deep do moles dig
VietNamNet Bridge – The Ministry of Science and Technology’s legal documents on the value of scientists’ inventions are insufficiently clear. Dr. Vo Thi Hanh, director of Phuong Nam Biology Company, the producer of biological produce used in animal husbandry and cultivation, said the company’s selling prices are five to 10 times higher than imports of the same kind. Hanh said foreign-made products are more expensive because foreign intellectual property (IP) has high value. In the past, when a production workshop was located in the Institute of Tropical Biology (ITB) campus, Hanh said she paid royalties to ITB based on monthly sales. However, when Hanh and her associates established a company of their own, she stopped paying the royalties because “ITB and the city’s Science and Technology Department did not request us to pay”. In May 2014, the HCM City Science and Technology Department transferred the technology on using waste from alcohol … [Read more...] about How much do scientists receive for their inventions?
VietNamNet Bridge - A new class of young rich people, born in the 1980s and 1990s, are earning billions of dong a month from the internet. Duong, a young father in Nghe An province, posts animated videos on Youtube to lure viewers. When he reaches a certain number of viewers, Duong will be allowed by YouTube to include advertising pieces on videos and receive money from every click with every inserted ad. The owners of the websites which provide content regularly and have a high number of visitors from stable clients are called in MMO as ‘publishers’. A new class of young rich people, born in the 1980s and 1990s, are earning billions of dong a month from the internet. The CEO of an online ad firm said his company has to pay $150,000-200,000 a month on average to one publisher. About 20 publishers receive money regularly from the company. Huynh Kim Tuoc from Facebook Vietnam said at a recent workshop on Vietnam’s e-commerce that there are about 50 young self-made … [Read more...] about How much do members of the online community earn?
Are you wondering how much you may need for a day in Vietnam's capital city? Statistics show each international tourist in Hanoi spends on average $110 per day meanwhile daily travel expenses by a local tourist is estimated at $55. The numbers are much lower than those of leading tourist cities in the region, which is probably the appeal of the Vietnamese city. Data may vary from various sources, but according to a MasterCard survey last year, tourists to Seoul spent $258 per day, compared to $255 in Singapore and $262 in Beijing. Meanwhile, a tourist to Bali often spends around $125 per day, according to the Indonesian central bank. In July the TripIndex 2016 report by the travel guide site TripAdvisor named Hanoi as the least expensive among 20 favorite cities surveyed, for the third year in a row. It beat Bangkok and Mumbai. The capital city is expecting 4 million foreign arrivals this year and 21.8 million visitors, including locals, in total. Its tourism revenue is set to … [Read more...] about How much do tourists really spend in Hanoi?
Vietnamese travel firms have vowed to lure more Japanese travelers to Vietnam. But how to do that remains a headache. What to do to attract more Japanese travelers? (part 1) Doing business in pain The Vietnam National Administration of Tourism (VNAT) reported that 481,500 Japanese travelers came to Vietnam in 2011, an increase of 8.9 percent in comparison with 2010. At the HCM City International Tourism Trade Fair held in September 2011, a representative of JTB, the leading travel firm in Japan, said before the Vietnamese high ranking officials that a lot of Japanese people would get surprised when hearing about such a high number of Japanese travelers to Vietnam. The problem is that Vietnam counted on the Japanese people who came to Vietnam for the business purpose as well. Meanwhile, Vietnam has yet become a popular choice for Japanese travelers. General Director of Vietravel, Nguyen Quoc Ky, when asked about the Japanese market, said that Vietnamese travel firms now … [Read more...] about What to do to attract more Japanese travelers? (part 2)