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As their trusted provider, we relentlessly pursue operational excellence; we support our community in addressing cyber threats; and we continually seek ways to lower costs, reduce risks and eliminate operational inefficiencies. Our products and services support our community's access and integration, business intelligence, reference data and financial crime compliance needs. SWIFT also brings the financial community together -- at global, regional and local levels -- to shape market practice, define standards and debate issues of mutual interest or concern. SWIFT's strategic five year plan, SWIFT2020, challenges SWIFT to continue investing in the security, reliability and growth of its core messaging platform, while making additional investments in existing services and delivering new and innovative solutions. … [Read more...] about SWIFT: New report reveals how cyber attackers ‘cash out’ following large-scale heists

Intel has invested $1 billion in Vietnam and is looking to increase this in the coming years. The export revenue of Intel in Vietnam has reached $3.6 billion. With the new investment in Ho Chi Minh City in the coming time, the figure is expected to increase significantly. Intel will also use the fresh capital to develop local middle and senior leaders for the Vietnamese factory, according to Intel Vietnam's general director. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 28

During his speech, Minister of Industry and Trade Tran Tuan Anh outlined that 2020 marks a very special year, with increasing protectionism occurring along with the outbreak of the novel coronavirus (COVID-19) epidemic, which has resulted in a series of supply chain breaks and disruptions. In addition, the economics, trade, investment, tourism, and investment of many countries has been severely affected, with plenty of firms facing numerous difficulties that have forced them to stop production and business activities. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES AUGUST 29

According to the Vietnam Leather, Footwear and Handbag Association (Lefaso), the first five months of the year saw exports of bags, wallets, suitcases, and hats and umbrellas reach a mere US$1.3 billion, representing a drop of 15.5% in revenue when compared to the same period from last year, the deepest decline since the pandemic broke out. Similarly, footwear exports reached only US$6.8 billion, a fall of 5%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JUNE 16

Most notably, several local businesses have been proactive in investing in growing coffee areas in line with the requirements set by importers.For example, Vinh Hiep Co., Ltd. based in the central highlands province of Gia Lai, has invested in high-quality growing areas according to the standards set by the US Department of Agriculture, while also installing coffee production lines from Germany in an effort to create a new coffee brand L'amant for the purpose of promoting the export of processed coffee. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 4