Vnex Press ｰｰｰ Enormous data is waiting to be turned into gold in Vietnam. While giant technology firms like Google, Facebook and Amazon are cashing in on their users’ data, Vietnamese companies remain largely oblivious.
Vietnam Net — According to the AAG submarine cable management unit, a cable repair vessel will begin fixing the broken cable of the S11 cable branch to Hong Kong on August 20 morning. The last weld will be completed at 8.30am on August 21 and the repair will finish at 11pm on August 22. Meanwhile, the repair of the S1B cable toward Singapore will be fixed from August 17 to 20 and the repair will be completed on August 24.
Vietnam Net — This incident occurred shortly after the maintenance of the Asia-American Gateway (AAG) submarine cable route (connecting Vietnam with Hong Kong and the US). Viettel said this cable route was broken on June 27, coinciding with the maintenance of AAG but until July 12 it will be repaired. The broken point is 45km from the landing station in Singapore.
Vietnam Net — Last May, the contractor NEC successfully connected the undersea cable AAE-1 to the southern city of Vung Tau, with the support of local networks. According to the plan, the project AAE-1 undersea cable will be completed and put into use by the end of 2016.
Vietnam Net — According to this source, the AAG cable maintenance unit will have to reconfigure the source system and weld the optical cable of the segments connecting Vietnam to Hong Kong and America. The segment between Vietnam and Hong Kong will be welded from June 22 to 27. Then this segment will be interrupted from communications and the source configuration will resume operation on June 28.
Tuoi Tre News — Internet users in Vietnam are advised to be ready to suffer nearly six days of snail-paced connection speed from Wednesday, as the submarine cable system crucial to Vietnam’s Internet connectivity enters its infamous maintenance. The Asia America Gateway (AAG) cable system will be maintained from 11:00 pm on June 22 to June 27, tech newswire ICTNewsreported on Saturday, citing a trusted source.
Telecom Asia — A number of international telecoms operators have reportedly expressed an interest in participating in the privatization of Vietnamese state-owned operator Mobifone. Companies including Norway’s Telenor, Sweden’s Comviq and Australia’s Telstra have shown interest in acquiring stakes in the company, news agencyVNS reported. Mobifone has an estimated brand value of $539 million. Plans for the privatization of the company have been in consideration since 2005 but the process has been repeatedly delayed.
Enterprise Innovation — Vietnam’s Asia Commercial Bank (ACB) is undertaking a legacy infrastructure refresh and updating its workplace collaboration strategy using a private cloud platform. One of the largest private banks in Vietnam by asset, the bank employs 9,000 staff working in of the 350 branches and sub-branches scattered across 47 cities and provinces in the country.
Local SYR — Vietnam has increased its military spending dramatically in recent years amid a series of territorial disputes with China. And the southeast Asian nation may soon be splashing out more to upgrade its defense capabilities. President Obama on Monday announced an end to decades-old military sanctions banning U.S. arms exports to Vietnam.
Enterprise Innovation — Telecom (HTC) selected Infinera Intelligent Transport Networks to advance its optical network in Vietnam. HTC extended its existing Infinera TM-Series metro network with the DTN-X Family for its backbone connecting Ho Chi Minh City and Vung Tau. Combined with Instant Bandwidth technology, the end-to-end solution enables HTC to differentiate its services and manage costs as it increases network capacity.
Tech Crunch — Facebook appears to have been blocked in Vietnam as a part of a government-imposed crackdown on social media, amid public protests over an environmental disaster attributed to toxic discharges from a steel complex built by Taiwan’s Formosa Plastics. Dissidents are blaming wastewater from the steel plant for a mass fish death at aquatic farms and in waters off the country’s central provinces.
Gulf News — Hanoi: A foiled hacking attack on a small Vietnamese bank may have been a practice run for an $81 million cyber assault on Bangladesh’s account at the Federal Reserve Bank of New York, and points to vulnerabilities in how banks connect to the Swift interbank messaging system.
Vietnam Net — There were also 222,660 Vietnamese domain names created in the first quarter of this year, bringing the total number of Vietnamese domain names to 971,679. Regarding the management of the Vietnamese domain names, the Viet Nam Internet Network Information Centre (VNNIC) in mid-April said the centre had implemented a purification programme that freed inactive Vietnamese domain names from the beginning of March.
Nikkei — HO CHI MINH CITY — Vietnam’s leading IT group FPT revealed it has made a $10 million investment in the Asia-Pacific Gateway submarine cable project, which is scheduled to be operational this year. The underwater cable communication network will connect countries in the region including Vietnam, Japan, Hong Kong, China, Singapore, Malaysia, Taiwan, South Korea and Thailand.
Telecom Asia — Vietnamese military-run operator Viettel has provided details of its plans for entering the Myanmar mobile market, including a goal of connecting 95% of the country’s population within three years. Viettel was recently selected as the international partner for a consortium of 11 local technology and other companies selected to become Myanmar’s fourth mobile operator.
Vietnam Net — These were among the petitions related to administrative procedures that were raised at a validation workshop held in HCM City last week. The aim of the workshop was to create more opportunities for further wind power. The Validation Workshop on “Wind Power Investment Guidelines” was co-hosted by the Deutsche Gesellschaft fur Inter-nationale Zusammenarbeit (GIZ) GmbH in Vietnam and the General Directorate of Energy (GDE) under the Ministry of Industry and Trade (MOIT) in Vietnam.
WSJ — HANOI—In 1988, a team of Vietnamese technicians secured their first deal to make computers for Russia’s Academy of Sciences. One of their early machines is still on display here in Hanoi, surrounded by Hollywood-style imprints of the build team’s hands, buttocks and other body parts.
Vietnam Net — Vietnam, which is increasing its investments in IT Infrastructure, consumption and modernisation of businesses, banking and finance industry, and government departments and public services, is increasingly facing the cybercrime attacks and threats, unless cybersecurity is given a comprehensive attention.
Vietnam Net — Viettel said last week that it had become the first mobile carrier in Vietnam to be allowed by Apple to provide 4G service for iPhone 5 smartphones, iPad 4 tablets and other products of Apple. Earlier, 4G LTE could not be used for Apple products in the trial period of the service in the southern province but be available for devices running on the Android operating system.
Vietnam Net — The event aims to set up security measures, ensure information security for e-Government, propose measures to protect enterprises’ databases and curb data leaks. Thinh attributed the increasing number of attacks to serious security loopholes that have not been repaired on most electronic websites and information portals.
Vietnam Net — At the event, Secretary Thang said HCM City and Microsoft should cooperate in information technology in various fields, such as smart traffic management, anti-flooding and anti-crime programmes, and food safety. He also asked the company to support the city as it develops e-government, bringing about great change in local governance and administrative offices.
Myanmar Times — Viettel, which is owned by Vietnam’s defence ministry, was one of seven foreign companies to express interest in a tender launched at the end of last year. Of the five companies deemed suitable to apply, the Vietnamese operator was the only one to submit its proposal by the deadline on March 18, said a source with knowledge of the matter.
HANOI: Vietnam’s prime minister has approved a $300-million research and development project in Hanoi by Samsung Electronics Vietnam, a local unit of a South Korean giant that is the communist country’s single biggest investor. The project would operate for 50 years, rent-free, Vietnam’s government reported on its news website on Wednesday.
Vietnam Net — The new facility is scheduled to operate as a Research & Development (R&D) centre of the firm. This will be the first project Apple has ever initiated in Vietnam. The project is currently still in the planning stage. Apple is considering locations for the facility, possibly in Hanoi, according to baodautu.vn.
Vietnam Net — Nguyen Doan Hung, chairman of the Vietnam – Japan IT Cooperation Club (VJC) made this observation at the Vietnam IT Day 2016 in Japan recently. The event was co-organised by the Vietnam Software and IT Service Association (Vinasa), VJC and Japan Information Technology Service Industry Association (JISA) with the theme of “Vietnam – Japan IT Co-operation heading to TPP” in the end of February.
Vietnam Net — The firm has also come up with a plan to optimise its BTS network, upgrade software and has prepared to handle any emergency in locations where large crowds are expected to prevent service failures, while extra staff will be on duty 24 hours a day. At least 2-3 mobile base transceiver vans will be sent to each firework display location in Hanoi, Danang and Ho Chi Minh City.
Telecom Asia — Viettel has become Vietnam’s first operator to offer to offer direct carrier billing for the Google Play store. The operator has teamed up with carrier billing company Fortumo to offer carrier billing to its 55 million subscribers. Both postpaid and prepaid customers will be able to take advantage of the new function.
Enterprise Innovation — The Silicon Valley venture capital firm 500 Startups has announced a $10 million fund for Vietnam. It said the goal is to make 100 to 150 investments into Vietnamese startups that address local market needs as well as those tackling overseas markets. In addition to financing, startups will also get access to the company’s international network of mentors and partners to help scale up their business.
Blouin News — Cambodia’s growing internet usage is about to get a big boost from China. On Wednesday, Phnom Penh signed a contract with China’s Cambodia Fiber Optic Communication Network for the firm to invest $69.7 million in building and operating high-bandwidth submarine cables and a landing station in the country’s coastal southwestern province.
Vietnam Net — The information was released at a meeting conducted by the Ministry of Information and Communications in Hanoi early this week. Pham Duc Long, General Director of Vietnam Posts and Telecommunications Groups (VNPT), said that in the first two months of this year, VNPT completed 15.7 percent of its sales target in 2016, with a growth rate of 9.2 percent against the same period last year. The group also saw a profit growth of 20.2 percent compared to the same period last year.