Standard Chartered Bank Vietnam Limited has been top rated in the Global Investor Magazine sub-custody survey in Asia Pacific for the year 2011, ahead of other international banks to receive the highest overall score of the sub-custodians operating in the Vietnamese market. In the survey, participants were asked to rate their current service provider in a number categories including securities settlement; asset servicing and service management. Additionally, 2011 is also a year of recognition of Standard Chartered’s high quality service in Vietnam with top rated provider for Cross bordered – non-affiliated clients according to the Global Custodian 22nd annual Agent Banks in Emerging Markets Survey. With three core services - Custody and Clearing Services, Fund Administration, Escrow Service, Standard Chartered Bank has 50-year track record as Asia’s leading regional custodian and clearing agent. Standard Chartered Bank Vietnam now has three branches and employs … [Read more...] about SCB Vietnam ranked “Best Securities Service Provider in 2011
Best managed security service provider
Looking for reasonable service management fee By Dinh Dung in HCMC The much-mentioned issue of apartment management once again was put on the table for municipal authorities to discuss last week to seek a common voice for a regulation over the sector. A draft regulation has been made with a long list of articles, which will not only regulate what will be allowed and not be allowed for project owners and apartment users, but also to offer a legal corridor for management organizations to solve problems. In fact, the way of living in an apartment that includes management services is rather new in the country, and many people are not used to it. Disputes between project owners and apartment users have occurred at several apartment buildings in HCMC in recent years. There have been fierce disputes over the ownership of common and private spaces and wars of words between project developers and homebuyers over services and facilities that were promised to residents who felt disappointed … [Read more...] about Looking for reasonable service management fee
In an article that outlines his line-up goals for 2011-2016, Prime Minister Nguyen Tan Dung highlights the need for the Government to transform from economic manager into growth maker as part of a broader effort to change prevailing perceptions about the proper balance between the State and the market. Below is an analysis of how to achieve this ambitious target. In his article, Dung defines a growth maker as a Government that hammers out judicious plans for industrialization and modernization, cultivates a truly competitive business environment where all market players can maximize their potential and deepen global integration, and eradicates imbalances that can aggravate systemic risks and threaten Vietnam’s macroeconomic stability. According to Dung, this is precisely why the 11th Party Congress has identified nurturing fair market competition and fostering administrative reforms as the focus of Vietnam’s institutional transformation. An institutional overhaul that … [Read more...] about From manager to growth maker
HA NOI (Biz Hub) — The State Bank of Viet Nam (SBV) on Monday directed relevant agencies to enhance security measures against risks and frauds in payment, following the execution of several scams recently. Under Circular 6466/NHNN-TT, the central bank asked payment service providers to scrutinise and reassess all their process related payments to ensure the central bank's regulations on safety and security of banking servicesare adhered to. The providers have been ordered to report any problem to the central bank. For card and online payments, the providers are required to research and implement solutions to enhance security of their online payment systems. Monitoring, supervision, evaluation and upgrading of information technology system related payments must be checked regularly. Besides finding solutions for early detection of phishing sites to recommend to their customers, the providers must also increase training on safety and security awareness for their staff and … [Read more...] about SBV orders enhancement in payment security measures
Viet Nam News A clip documenting the refusal of security guards to allow an ambulance transporting a dying baby to leave the Hà Nội Paediatrics Hospital early this month has generated public anger. Health workers, officials and patients shared with Việt Nam News their opinions about health service issues, particularly relating to emergency medical aid. Doctor Trần Văn Phúc, Saint Paul General Hospital, Hà Nội. Patient transportation is a very complicated process in which transporters or accompanying medical staff, including doctors, nurses and technicians, play the most vital role. The transporters and health workers should possess high professional qualification so that they can assess whether the patient is in a life-threatening condition. That is the reason why a majority of patients and their families hire ambulances that charge far more than a taxi or any other type of transport. The incident at the Pediatrics Hospital, as reported in the media and on social networks … [Read more...] about Are the country’s ambulance services sick?