The Vietnam Securities Depository (VSD) on Wednesday said it would apply a new minimum initial margin ratio of 13 per cent instead of the previous 10 per cent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.— Photo tienphong.vn HÀ NỘI — The Vietnam Securities Depository (VSD) on Wednesday said it would apply a new minimum initial margin ratio of 13 per cent instead of the previous 10 per cent for VN30 Index futures to avoid violations and ensure the security of the derivatives market. The initial margin is the minimum collateral value deposited with the VSD to meet the requirements of clearing members’ positions which are expected to open before trading, except close-out positions of the same trading account. The VSD on Friday “sent a written notice to clearing members about the adjustment” and requested them to “review, recalculate the margin requirement value in accordance with new … [Read more...] about Initial margin ratio raised to reduce derivatives risks
Reduce the risk
The Blockchain Festival 2018, the first of its kind, took place from May 24-25. (Photo: cryptonewsmagnet.com) HCM City (VNA) – The development of Blockchain technology in the digital era requires new cooperation and business approaches and expertise from both local and international specialists to mitigate the risks it poses, according to experts present at the Blockchain Festival 2018 in Ho Chi Minh City on May 24. Blockchain has been of great global interest in recent time amid the strong growth of the Fourth Industrial Revolution or Industry 4.0 and digital technologies. It has been addressed at many seminars and forums in Vietnam in the hope that the development of Blockchain will contribute to the country’s IT growth. Despite the great potential it brings in, Blockchain technology poses many risks due to technological limitations and lack of related legislations in Vietnam, said Le Ngoc Giang, a legal and policy officer at the Ministry of Justice. Each … [Read more...] about Blockchain development requires expertise to mitigate risks
A study of nearly half a million people in China suggests a daily egg may reduce the risk of heart disease and strokes. Illustrative image: Photo: Thanh Giang/VNP Experts stress any egg consumption needs to be part of healthy lifestyle to be beneficial. But fears that eating too many eggs can be bad for you appear to have been laid to rest. "One can deliberate on the many limitations and caveats of nutritional research, but the take-home message of this research from a large study from China is that at the very least up to one egg a day is not linked with raised cardiovascular risk, and at best up to one egg a day may even have health benefits," says Prof Nita Forouhi, of the University of Cambridge.The study, in the journal Heart, follows years of bad press for the humble egg - from salmonella scares to cholesterol fears. BBC News takes a crack at separating the issues. How many? These days most doctors encourage the eating of eggs as part of a healthy diet, as they are … [Read more...] about An egg a day to keep the doctor away?
Digital transformation is now an inevitable trend in developing and developed countries alike. Lim May Ann, executive director of the Asia Cloud Computing Association, talked to VIR's Bich Thuy about its recent study on cross-border data flows: a review of regulatory enablers, blockers, and key sectoral opportunities in five Asian economies. Why did you choose India, Indonesia, Japan, the Philippines, and Vietnam for this report? These five countries were selected as a representation of a wide range of policy approaches towards cross-border data flows and the digital economy that are currently being considered by governments around the world. Additionally, these countries are at pivotal points in the development of their digital economy infrastructure, which is clearly affected by their regulatory environments. The Vietnamese legal framework for cross-border data flows is currently considered “not yet open.” How does this affect the participation of international service … [Read more...] about Cross border data flows: how to approach the digital economy
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