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Vietnam’s GPD per capita surpasses $2,100 mark: gov’t report

Vietnam’s GDP per capita topped US$2,109 in 2015 and is expected to rise by up to 65 percent in the next five years, the government said in a report released on Monday.

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The Vietnamese government has targeted GDP per capita to be between $3,200 and $3,500 by 2020, Deputy Minister Nguyen Xuan Phuc said as he delivered the report to lawmakers in Hanoi.

Vietnam’s GDP in 2015 was $193.4 billion, with the government setting an average growth target of between 6.5 and seven percent for the 2016-20 period, according to the report.

The Vietnamese economy expanded at an average pace of 5.9 percent in 2011-15, much lower than the seven percent recorded for the immediately preceding five-year period.

Last year the country posted a GDP growth rate of 6.68 percent, and set a 6.7 percent goal for this year.

The government report, released at the ongoing 11th meeting of the 13th National Assembly in the capital city, also raises several economic difficulties, including excessive government debt and rising state budget deficit as challenges.

In 2015 Vietnam’s government debt was equal to 50.3 percent of GDP, against the 50 percent cap, while the state budget deficit soared to 6.1 percent of GDP, according to the report.

The government’s overspending in 2014 and 2013 was 5.69 percent and 6.6 percent of GDP, respectively.

In 2013 the lawmaking National Assembly approved the proposal to lift the ceiling for budget deficit from 4.8 percent to 5.3 percent of the national gross domestic product.

In light of these challenges, the government has set eight groups of tasks and solutions for the national socio-economic development plan for 2016-20.

The resolutions include stabilization of the macroeconomy, competitiveness enhancement, and improvements in the effectiveness of governance.

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Campaign ramps up cybersecurity

Intellectual protection enforcement agencies nationwide have handled 26,004 cases, with imposed fines totalling VND68 billion (US$3 million), according to Tran Minh Dung, chief inspector of the Ministry of Science and Technology.

Dung announced the figures yesterday at the launch of the one-month campaign commemorating World Intellectual Property Day.

Vice Minister of Science and Technology (MOST) Tran Viet Thanh speaks at the event. — Photo VNA

Vice Minister of Science and Technology (MOST) Tran Viet Thanh speaks at the event. — Photo VNA

Dung said that according to rough statistics from Task Forces (Program 168) in the term 2012-15, enforcement agencies confiscated and destroyed or removed about 70 tonnes of food; tens of thousands of imported bottles of liquor; nearly 27,000 medicine products; 80,900 fertilisers, and millions of electronic goods, handbags, footwear and clothing, all of which faked trademarks and infringed the rights of genuine industrial property owners. They also confiscated tens of thousands of stampless and illegally-imported CDs and DVDs.

In computer software ownership enforcement alone, Chief Inspector of the Ministry of Culture-Sports-Tourism (MOCST) Vu Xuan Thanh said, “In 2015, MOCST inspectors spot-checked 89 companies for compliance with existing computer software ownership laws in various places nationwide. Inspecting teams examined 3,942 computers and issued fines for civil offenses worth VND2.5 billion.”

As chairman of the one-month campaign’s launch, Vice Minister of Science and Technology (MOST) Tran Viet Thanh said the purpose of the initiative is “press ahead the establishment, application, development and enforcement of IP rights; ensure that IP rights become a useful tool to promote science and technology development, and socioeconomic development as a whole; and create society-wide awareness on the need to observe international agreements related to IP.”

The campaign, lasting from March 31 to April 30, will sponsor educational and training activities, followed by enhanced enforcement activities in the following months, Thanh said.

“Going forward, to stick to Viet Nam’s TPP commitments, we will scan, revise and update our legal framework related to intellectual property, especially in association with patents, trademarks, geographical indications, know-how, copyrights and enforcement of intellectual property rights,” Thanh said.

“Keeping this in mind, the Vietnamese Government and the country’s entire intellectual property right registration and enforcement system are making steps to improve and take to new heights the efficacy of intellectual property right protection and enforcement in Viet Nam.”

Building on the many years of co-operation with Vietnamese governmental bodies, Roland Chan, a senior director of BSA-The Software Alliance, said that over the years, BSA has initiated many awareness campaigns aimed at educating and assisting companies to address their software licensing and management issues.

Roland said the programmes have been successful, but they are now seeing a rise in cybercrime, which transcends borders. Organisations and business owners must be vigilant to protect themselves and their businesses from the growing threats of malware and data theft through the adoption of an effective and efficient software license management practice, Roland said.

The good news is that with effective management of software assets, the risk of a cybersecurity breach is greatly diminished. Part of BSA’s goal in this new campaign is to draw greater awareness of cybersecurity risks that come with the use of unlicensed software.

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Kaspersky Lab, WISeKey launch mobile app to secure users’ data

Kaspersky Lab and Swiss cyber security company WISeKey have launched a special edition of the cyber-resilience app WISeID Kaspersky Lab Security that integrates the best technologies from both companies to offer safety for mobile users’ data.

WISeID Kaspersky Lab Security protects mobile users' personal information from cyber criminals. — VNS Photo

WISeID Kaspersky Lab Security protects mobile users’ personal information from cyber criminals. — VNS Photo

The new app locks personal data such as account usernames and passwords, credit card numbers and access PINs into a secure personal data organiser, creating accountable identities for online activity while the data itself remains protected in a secure cloud vault.

It includes Kaspersky Mobile Security SDK, a robust and proven solution for protecting mobile phones against security threats. Its inclusion delivers advanced security features like web and network protection, device protection and risk detection.

WISeID keeps passwords in an encrypted vault, generates hard-to-crack passwords, and safely synchronises data between computers and devices on multiple platforms using secure cloud storage.

Mobile security threats are increasing in number and sophistication. Though mobile operating systems provide app developers with significant security features, hackers are still able to use many different infection vectors to place malware.

WISeID is available for iPhone, iPad, Android, Mac OSX, Windows, and Kindle.

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VN network security at high risk: experts

Viet Nam is a main target for hackers in the network environment, said Nguyen Van Thinh, deputy head of the Department of Cyber Security under the Ministry of Public Security, at the Security World 2016 conference on Tuesday.

Up to 600 hacker groups attacked Vietnamese e-portals last year, and most of the attacks came from abroad. — Photo genk.vn

Up to 600 hacker groups attacked Vietnamese e-portals last year, and most of the attacks came from abroad. — Photo genk.vn

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.

Up to 600 hacker groups attacked Vietnamese e-portals last year, and most of the attacks came from abroad. Foreign hacker groups continuously attack specific targets with upgraded malware, experts said.

According to Truong Thi Le Thuy, director general of Cisco Viet Nam, hackers are continually developing their technology and strategies, which are becoming more sophisticated in order to steal information, data and money without being detected.

“Network security in Viet Nam is facing an alarming situation, which requires organisations and businesses to urgently find technological solutions to protect themselves from unforeseen security invasions,” Thuy said.

To protect information security in Viet Nam, Thinh suggested solutions including strengthening communications and education to raise awareness on insecurity, as well as writing and enacting provisions and laws to address the problem.

In addition, he also proposed the early promulgation of instructions for the law of cyber information security and international co-operation in the field of information security.

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