Tech Data announced on June 27 that it would distribute Cisco solutions in Viet Nam. — Photo courtesy of the Tech Data Tech Data will distribute Ciscos complete solutions portfolio in Viet Nam. Viet Nams economic expansion is being matched by investment in technology across its ICT market. This is creating opportunities for businesses. One of the ways Tech Data is engaging the market is through the provision of Cisco solutions for data centres, networks, cloud-based services, big data, the Internet of Things (IoT), mobility and wireless, security, and workforce collaboration. “TechData will now bring Ciscos world-leading solutions to our partners in Viet Nam, enabling them reach their full potential using both traditional and next-generation technologies,” Tran Thi Bao Tran,country general manager,TechData, said. LuongThi LeThuy,general director of Cisco Vietnam, said: “Digital transformation is acceleratingrapidly acrossViet Nam. Asbusinesseslook to adopt … [Read more...] about Tech Data to sell Cisco solutions in Viet Nam
Bao viet nam
Moderate credit growth positive for Việt Nam’s economy
The credit growth as of April 17 this year hit four-year low of 3.23 per cent. — VNA/VNS Photo Despite credit growth among Vietnamese credit institutions remaining low this year, experts are not concerned about the slowdown, saying it was a good sign for the economy. Reports from the State Bank of Viet Nam (SBV) showed credit growth as of April 17 this year had expanded by 3.23 per cent against the end of 2018, the lowest rise in the last four years. The rates during the same periods of 2018, 2017 and 2016 were 5 per cent, 5.2 per cent and 4.2 per cent, respectively. Can Van Luc, chief economist of the Bank for Investment and Development of Vietnam (BIDV), said he was not surprised at the moderate credit growth, explaining the SBV had targeted controlling credit growth since the beginning of this year to curb inflation and stabilise the macro-economy. According to Luc, local firms were no longer too dependent on bank loans as they could raise capital from the securities and … [Read more...] about Moderate credit growth positive for Việt Nam’s economy
Viet Nam stocks rise for a second day
Investors at a trading house of Bao Viet Securities Company on Ha Noi's Tran Hung Dao Street check out the latest figures. — VNS Photo Truong Vi Vietnamese shares extended gains for a second trading day at the same pace as investors looked for opportunities in listed firms with supportive news. The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.24 per cent to close yesterday at 989.26 points. The southern market index rose 0.25 per cent on Thursday. After five trading days, it posted a weekly gain of 0.87 per cent. The VN-Index marked its first growing week after having fallen total 3.07 per cent in two trading weeks since its six-month high of 1,011.86 points reached on March 18. Liquidity improved with nearly 189.3 million shares being traded on the southern bourse, worth VND3.88 trillion (US$166.7 million). The market breadth was positive with 158 gaining stocks, 129 decliners and 67 flat-ending stocks. Large-cap stocks slightly improved as the blue-chip … [Read more...] about Viet Nam stocks rise for a second day
Vinamilk tops 100 Best Places to Work in Viet Nam
Companies receive awards at a ceremony for Viet Nam’s 100 Best Places to Work 2018 held on March 27 in HCM City. — Photo courtesy of Anphabe Vinamilk continues to take top place on the list of 100 Best Places to Work in Viet Nam in 2018, according to a survey conducted by Anphabe, a career network of management professionals, and market research firm INTAGE Vietnam. The annual survey measures employer brand attractiveness of 678 companies of 24 industries. The survey attracted the participation of 75,481 experienced employees. In the Best Places to Work by Industry, respected companies continue to assume top positions, including Cargill Vietnam (agriculture/feed/forestry), KPMG Vietnam (financial services), Vingroup (real estate, hospitality and retail/wholesale/trading), Abbott Laboratories S.A. (pharmaceutical/biotech), Mercedes-Benz Vietnam Ltd. (automobile/components), and TIKI (internet/e-commerce). The category of top 50 Vietnamese Enterprises with Most Attractive … [Read more...] about Vinamilk tops 100 Best Places to Work in Viet Nam
Viet Nam protects 75 domestic and foreign products
The price of Cao Phong orange, a fruit of the northern province of Hoa Binh, has almost doubled after it was registered for GI protection several years ago. — VNA/VNS Photo Viet Nam has so far protected 69 products with geographical indications (GI) and six foreign ones. Over the past 10 years, the number of protected GIs has increased by 3.5 times. The figures were released by Director of the Ministry of Science and Technology’s National Office of Intellectual Property (NOIP) Dinh Huu Phi at a seminar entitled ‘Information and communication on intellectual property’, held in Ha Noi on Tuesday. Phi said there were 34 provinces and cities with protected GIs. Some 47 per cent of the products are fruits, 23 per cent are cash crops and forestry products, 12 per cent are seafood, 8 per cent are rice and the rest are other products. There are also five non-food items including Hue conical hat, Tien Lang pipe tobacco, Vinh Bao pipe tobacco, Nga Son papirus and Yen Tu … [Read more...] about Viet Nam protects 75 domestic and foreign products