The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure online payment transactions in the APAC region. Netcetera, a market leader for digital payment solutions, offers certified products for 3DS payment processing, and promotes secure and frictionless consumer authentication. With the go-live beginning of January 2021, Omise is among the first PSP customers to implement the latest EMV(R) 3DS 2.2 protocol, enabling them to increase the approval rates and reduce fraud. … [Read more...] about Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server
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Investment in technology in Southeast Asia: focus shifts to Vietnam
In general, the attention paid by technology investors to the Vietnamese market is still high. According to Do Ventures, 50 investment funds in the six strongest economies in Southeast Asia are casting their attention to Vietnam in the next 12 months, and to Indonesia. … [Read more...] about Investment in technology in Southeast Asia: focus shifts to Vietnam
Progresses seen in Vietnam management of national foreign debts: workshop
Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
US$3.9 bln channelled into Hoa Lac Hi-Tech Park
Of particular note, several outstanding hi-tech products have been developed and manufactured at the park, including 5G smartphones and 5G network equipment made by Vinsmart in cooperation with Qualcomm, marine radars using 4G and 5G technology made by Viettel, and aircraft engine components and hi-tech cutting tools for the aerospace industry made by Hanwha. … [Read more...] about US$3.9 bln channelled into Hoa Lac Hi-Tech Park
Việt Nam aims to become a socialist-oriented developed nation by mid-21st century
Foreign affairs and international integration will be promoted, with stronger ties between Party diplomacy, State diplomacy and people-to-people diplomacy; building a modern diplomatic foundation with a focus on defence and security diplomacy to protect the country from afar, on economic diplomacy to boost economic development (aiming to take full advantage of the opportunities brought about by international integration, especially free trade deals), and on expanding cultural diplomacy to promote the image and brand value of Việt Nam to the world. … [Read more...] about Việt Nam aims to become a socialist-oriented developed nation by mid-21st century