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Posts Tagged ‘Minh’

SIA Engineering opens 6th overseas line maintenance JV in Ho Chi Minh City

Mainboard-listed SIA Engineering Company (SIAEC) today announced the official opening of its sixth overseas line maintenance joint venture at Ho Chi Minh City’s Tan Son Nhat International Airport, the largest and busiest airport in Vietnam.

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DBS Bank opens new branch in Ho Chi Minh city

DBS Bank says it today opened its branch in Vietnam to meet a growing demand for integrated banking solutions and greater market connectivity by Vietnamese firms.

The new branch in Ho Chi Minh city has 20 full-time staff. DBS received regulatory approval to set up a branch in Ho Chi Minh City in January. The bank also has a representative office in Hanoi, which was established in 2008.

DBS Group Holdings’ Chief Executive Officer Piyush Gupta says: “Vietnam is increasingly seen as a land of opportunities amid economic reforms and growth. Indeed, many companies, including DBS, view Vietnam as an emerging market with excellent prospects. Just recently, Singapore and Vietnam companies signed some US$300 million ($390 million) worth of agreements to develop real estate projects here. With the rise of the middle class in Vietnam and Asia powering global economic growth, the future looks bright. The opening of this new branch in Vietnam demonstrates DBS’ commitment to helping businesses expand within Vietnam and also across the region. DBS’ pedigree as a well-governed Singapore-headquartered bank reinforces our status as the safest bank in Asia and our network of more than 250 branches in the region places DBS in a unique position to help our customers leverage business growth and investment opportunities in Asia.”

In 2009, Singapore was Vietnam’s fifth-largest foreign investor. As of September 2010, Singapore’s private sector has invested in a total of more than 800 projects worth nearly US$18 billion in a wide range of sectors in Vietnam.

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Keppel Land secures two prime sites for villa development in Ho Chi Minh City

Keppel Land has entered into joint ventures (JV) with Vietnamese developers, Tien Phuoc Company Limited (Tien Phuoc) and Hung Phu Real Estate Corporation (Hung Phu), to develop two prime sites in Ho Chi Minh City (HCMC).

The first agreement seals the collaboration between Keppel Land, through wholly-owned subsidiary, Antiaris, and Tien Phuoc for the development of a 13.5-ha waterfront site in HCMC.

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Frasers Hospitality to manage Modena serviced apartment in Hanoi

Frasers Hospitality today says it will manage its first Modena serviced apartments in Vietnam and the first outside China.

The 84-unit Modena Hanoi, scheduled for completion in 2011, is located just five kilometres away from the Hanoi international airport and in close proximity to the city’s major Quang Minh and Thang Long industrial zones.

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DBS gets Vietnamese approval to open Ho Chi Minh City branch

DBS Group Holdings, Southeast Asia’s biggest bank, got approval to open a branch in Ho Chi Minh City, according to a statement of the website of Vietnam’s central bank today.

DBS to set up first branch in Ho Chi Minh City

DBS Bank announced today that it will set up its first branch in Ho Chi Minh City, Vietnam, this year, after receiving regulatory approval to do so.

“The establishment of the branch in Vietnam will strengthen DBS’ Asia banking franchise. It will also enable the bank to support Singapore customers as they expand overseas, and to meet a growing demand for Asia banking expertise by Vietnamese firms,” says DBS.

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Keppel Land inks JV deal for new waterfront site in Ho Chi Minh city

Keppel Land, through its wholly-owned subsidiary KLL Strategic Holdings (KLLSH), today signed a joint-venture agreement (JVA) with Vietnamese partner Tien Phuoc Co. to develop a 11-ha waterfront residential site for 175 villas fronting the Saigon River in Ho Chi Minh City.

Upon the issuance of investment certificate and relevant government approvals, KLLSH will take up a 60% stake amounting to US$27 million ($37.8 million) in the JV company while Tien Phuoc will subscribe to the remaining interest.

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UNSC condemns suicide bombing attacks in Iran

The United Nations Security Council has condemned the suicide bombing attacks which killed nearly sixty people, six of them commanders in the Iranian Revolutionary Guards.
UNSC has underlined the need to bring perpetrators, organizers, financiers, and sponsors of this reprehensible act of terrorism to justice.
The unanimously approved statement came in response to a letter from Iran’s [...]

Cyberstrikes could have originated in Britain

A recent wave of cyber attacks that crippled thousands of computers and websites in the United States and South Korea could have originated from inside Britain, experts have warned.

According to security researchers in Vietnam, the source of last week’s string of attacks by the Mydoom virus – which overwhelmed systems belonging to the US Treasury and the office of the South Korean president Lee Myung-Bak – can be traced to the UK.

“We have analysed the malware pattern that we received” said Nguyen Minh Duc, a director of Vietnamese security company BKIS, in a post on the company’s blog. “We found a master server located in the UK.”

Investigators said they had discovered new details on how the strikes took place by investigating and tracing back the attacks.

According to BKIS, infected computers had tried to contact one of eight so-called command and control servers every three minutes. These machines then gave instructions to the hacked PC – generally ordering them to direct traffic straight at victim websites, in attempt to overload them and force them to crash.

But these eight servers were themselves being controlled by a single source, which evidence indicated was located somewhere in Britain.

“Having located the attacking source in UK, we believe that it is completely possible to find out the hacker,” wrote Nguyen. “This of course depends on the US and South Korean governments.”

The findings contradict some earlier reports that the surge in attacks may have been coordinated from North Korea, a theory largely driven by intelligence reports presented to the authorities in Seoul.

Despite the news, government officials in South Korea are still trying to ascertain whether the strikes actually originated in the UK – or whether Britain was simply being used to screen the true location of those behind the attacks.

“We don’t know that the attackers were actually based in Britain, or mainly hacked a British IP address and used it for delivery,” an official from the Korean Communications Commission told the Korea Times.

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