Local banks warn of online fraud A customer withdraws cash at an ATM - PHOTO: TL HCMC – Many local banks have repeatedly warned their customers about sophisticated hi-tech scams that could leave victims with little or no protection from their banks, Tien Phong newspaper reports. The Bank for Foreign Trade of Vietnam (Vietcombank) said in a notice that some of its customers have recently transferred money to unintended persons, after their customer emails were hacked. The scam goes like this. Thieves spy on emails sent between customers and their partners, and then illegally change bank details on transaction documents so that money could be sent abroad. Crooks are targeting small and medium-sized businesses which have low levels of security in their network management systems, or have not put in place sufficient regulations on safe email usage. Following the money transfers, the victims have asked Vietcombank to retrieve their money from foreign banks, especially in … [Read more...] about Local banks warn of online fraud
Sending bank details by email
Vietnamese ‘eaten alive’ by crocodile in Australian outback Hai Phong City Authorities confirmed that 57-year old Tran Van Hoang was killed on August 22 by a crocodile in Australia. Hoang is a native of Dang Hai village, Hai An district, Haiphong. According to relatives of the victim, Hoang and his wife settled in Australia in late April 2014. While fishing he waded in the river to free a snag in his fishing line and was attacked by the crocodile. Australian authorities euthanized the crocodile to remove the victim’s body. Police uncover largest drug trafficking case Police of the northern province of Thai Nguyen on early August 22 caught two men red-handed trafficking 100 bricks of heroin (some 350 grammes each) and 179 methamphetamine pills in their car. The two detained men were Nguyen Van Khoa, born in 1973, and Ngo Van Thanh, born 1974, both from Thai Nguyen province. This is the largest drug case that has been uncovered in the locality so far. Authorised … [Read more...] about Social News 25/8
Exhibition – Installation “Through” by Artist Bao Opening: Tue 14 Jun 2016, 6 pm Exhibition: 14 Jun – 07 Jul 2016 L’Espace 24 Tràng Tiền, Hà Nội You are invited to the exhibition – installation “Through” by Bao. Bao’s work is influenced by an exile – the time during which he lived outside of his home country – and his yearning for an identity then. He began his visual art research in France during his study at the Beaux Arts. In his artistic practice, Bao combines cultural and religious symbols of Vietnam and diverts them: lanterns, altars, old photographs. In this exhibition, he played particularly on the transparency of certain materials – plexiglass, glass, plastic films, spring roll wrappers – to make visible the distant, vague memories. Free entry. Fundraising Music Night to Support Fishermen in Central Vietnam Mon 13 Jun 2016, 6.30 pm Viet Art Space … [Read more...] about WHAT’S ON JUNE 1-15 (DAILY UPDATE)
Confronted with a plunge in its stock markets last year, China's central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for dealing with Wall Street's "Black Monday" crash of 1987. The request came in a July 27 email from a People's Bank of China official with a subject line: "Your urgent assistance is greatly appreciated!" In a message to a senior Fed staffer, the PBOC's New York-based chief representative for the Americas, Song Xiangyan, pointed to the day's 8.5 percent drop in Chinese stocks and said "my Governor would like to draw from your good experience." It is not known whether the PBOC had contacted the Fed to deal with previous incidents of market turmoil. The Chinese central bank and the Fed had no comment when reached by Reuters. In a Reuters analysis last year, Fed insiders, former Fed employees and economists said that there was no official hotline between the PBOC and the Fed and that the Chinese were often reluctant to engage at … [Read more...] about China central bank to Fed: A little help, please?
Businesses focus on improving job skills Companies in Viet Nam this year will focus on improving skill sets of staff by using internal programmes, a survey from an international recruiting company has found. According to the Robert Walters' annual Global Salary 2014, companies face recruitment pressure because of a small pool of highly qualified staff. "As companies continue to compete for top Vietnamese talent, the shortage of candidates and lack of skills in niche areas pose recruitment challenges," Jon Whitehead, country manager of Robert Walters Viet Nam, said at a conference early this week in HCM City. "Employers are likely to focus on training and development programmes for existing teams in order to nurture talent internally," he said. "Attracting overseas Vietnamese back home is another viable option as such candidates are valued for their international exposure and expanded portfolio.". The survey points out that 3.5 out of 5 respondents are looking to switch jobs this year, … [Read more...] about BUSINESS IN BRIEF 4/3