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Cyber incidents may have slipped to #3 globally, in Asia Pacific it ranks #1 for the second consecutive year. Elsewhere in the world, it still ranks as a top three risk in many countries, including Brazil, France, Germany, India, Italy, Japan, South Africa, Spain, UK and the US. The acceleration towards greater digitalization and remote working driven by the pandemic is also further intensifying IT vulnerabilities. At the peak of the first wave of lockdowns in April 2020, the FBI reported a 300% increase in incidents alone, while cyber crime is now estimated to cost the global economy over $1trn, up 50% from two years ago. Already high in frequency, ransomware incidents are becoming more damaging, increasingly targeting large companies with sophisticated attacks and hefty extortion demands, as highlighted in the recent AGCS cyber risk trends report.  … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks

Also since 2016, we began to move into a new period. The Government and the Politburo have had guidelines to develop new policies towards economic development without affecting the environment. This is also a very important lesson for the management of natural resources and the environment. The lesson is that if we still hold the policy of developing the economy first and fixing environmental issues later, we will have to pay a very expensive price. … [Read more...] about Environment minister talks about achievements, plans for coming years

Part of a project on developing and improving awareness of creative education in the Mekong Delta city of Can Tho, Dream Space was inaugurated at the Can Tho School of Culture and Arts by the Asia Music & Performing Arts (AMPA) Education on January 15. … [Read more...] about VIETNAM NEWS JANUARY 18

Every section of the 20-ha facillity in Cu Chi district tells its own story, said Director Tran Thi Tuyet Nga, citing the Hill of Eggs as an example, saying it tells a folk legend of Lac Long Quan and his wife Au Co who gave birth to a brood of a hundred eggs from which a hundred of children hatched and became the ancestors of all Vietnamese people. … [Read more...] about VIETNAM NEWS JANUARY 19

More than 38 million needy households and other policy beneficiaries received loans from VBSP in the past 18 years One important factor in the fight against black credit and providing residents with timely capital sources are preferential lending programmes of the Vietnam Bank for Social Policies (VBSP). As of now, aside from commercial credit, VBSP is deploying dozens of concessionary credit programmes to support the production, business, and consumption of needy people, policy beneficiaries, and those from ethnic minorities. … [Read more...] about Policy credit helps push back black credit