Latest news with #ViettelGroup
Business Times
20 hours ago
- Business
- Business Times
Vietnam touts US$48 billion in project investments to spur growth
[HANOI] Vietnam on Tuesday (Aug 19) said around 250 projects, with investments totalling about US$48 billion, are being pursued in the country as the government seeks to show it's boosting economic growth. The state is funding 129 projects ranging from urban development to transportation with a total investment of about 478 trillion dong (S$23.3 billion), according to a statement on the government's website. Another roughly US$30.5 billion in investments for 121 projects financed by other sources, including from a handful of foreign companies, are simultaneously getting underway, it said. The new ventures include the Rach Mieu two Bridge in the Mekong Delta, the Saigon Marina International Financial Center, state-owned Viettel Group's Research and Development Center and the Vingroup-developed National Exhibition and Convention Center in Hanoi. The investments are estimated to be equivalent to about 13 per cent of the country's gross domestic product, Prime Minister Pham Minh Chinh said, speaking in Hanoi. The projects will transform the 'state of our country's strategic infrastructure,' Chinh said. The nation has been stepping up a drive to achieve its GDP growth target of at least 8 per cent this year despite global uncertainties and the government's ongoing efforts to work out the details of a US trade deal that will see a 20 per cent tariff imposed on Vietnamese goods. Premier Chinh last month urged officials to come up with immediate and long-term measures to restructure the economy and support growth. Chinh aims for GDP expansion of 8.3 to 8.5 per cent this year. BLOOMBERG
Bangkok Post
20 hours ago
- Business
- Bangkok Post
Vietnam touts $48 billion in project investments to spur growth
HANOI — Vietnam on Tuesday said around 250 projects, with investments totalling about US$48 billion, are being pursued in the country as the government seeks to show it is boosting economic growth. The state is funding 129 projects ranging from urban development to transportation with a total investment of about 478 trillion dong ($18 billion), according to a statement on the government's website. Another roughly $30.5 billion in investments for 121 projects financed by other sources, including from a handful of foreign companies, are simultaneously getting underway, it said. The new ventures include the Rach Mieu 2 Bridge in the Mekong Delta, the Saigon Marina International Financial Centre, state-owned Viettel Group's Research and Development Centre and the Vingroup JSC-developed National Exhibition and Convention Centre in Hanoi. The investments are estimated to be equivalent to about 13% of the country's gross domestic product (GDP), Prime Minister Pham Minh Chinh said, speaking in Hanoi. The projects will transform the 'state of our country's strategic infrastructure,' Chinh said. The Southeast Asian nation has been stepping up a drive to achieve its GDP growth target of at least 8% this year despite global uncertainties and the government's ongoing efforts to work out the details of a US trade deal that will see a 20% tariff imposed on Vietnamese goods. Premier Chinh last month urged officials to come up with immediate and long-term measures to restructure the economy and support growth. Chinh aims for GDP expansion of 8.3% to 8.5% this year.
Korea Herald
12-08-2025
- Business
- Korea Herald
KT teams up with Viettel to target Southeast Asia's AI market
KT, one of Korea's leading telecom carriers, said Tuesday it has signed a partnership agreement with Viettel Group, Vietnam's largest telecom operator, to expand collaboration in artificial intelligence and AI transformation, or AX, in the Southeast Asian region. The deal pushes forward a joint project from the two companies' May agreement, taking it into the implementation stage. KT CEO Kim Young-shub and Viettel Chairman and CEO Tao Duc Thang attended a signing ceremony held at KT's Gwanghwamun building in Seoul on Monday. Under the deal, KT and Viettel will cooperate in four core areas — development of a Vietnamese AI language model, creation of industry-specific AX platforms, expansion of the Southeast Asian AX ecosystem through global partnerships and cultivation of AI talent via the planned Global AX Innovation Center. 'This collaboration goes beyond technology to help secure Vietnam's future growth engines, as KT works with Viettel to open a new AI era together,' Kim said. The partnership also includes joint research on AI-based cybersecurity solutions to combat voice phishing and deepfake crimes, with data and technology sharing between the two nations. At the Korea–Vietnam Business Forum, the two firms presented their cooperation as a model for joint growth with companies with AX capabilities.
Techday NZ
20-06-2025
- Techday NZ
Cloudflare thwarts record 7.3 Tbps DDoS attack with automation
Cloudflare has confirmed it recently mitigated what it describes as the largest distributed denial-of-service (DDoS) attack ever publicly disclosed, clocking in at 7.3 terabits per second (Tbps), surpassing previous known records. The attack, which occurred in mid-May 2025, targeted a hosting provider customer utilising Cloudflare's Magic Transit service for network defence. According to Cloudflare data, this incident follows closely on the heels of attacks recorded at 6.5 Tbps and 4.8 billion packets per second, illustrating that DDoS attacks are continuing to increase in both scale and complexity. Cloudflare stated that the 7.3 Tbps attack was 12% larger than its previous record and 1 Tbps greater than another recent attack reported by security journalist Brian Krebs. Attack analysis The 7.3 Tbps DDoS attack delivered a total of 37.4 terabytes of data within a 45-second window. During the attack, the targeted IP address was bombarded across an average of 21,925 destination ports, reaching a peak of 34,517 destination ports per second. The distribution of source ports mirrored this targeting method. The attack employed several vectors but was dominated by UDP floods, constituting 99.996% of total traffic. The residual traffic, amounting to 1.3 GB, involved QOTD reflection, Echo reflection, NTP reflection, Mirai UDP floods, Portmap flood, and RIPv1 amplification techniques. Each vector was identified and catalogued, with Cloudflare detailing how organisations could protect both themselves and the broader Internet from such forms of abuse. Cloudflare explained that the UDP DDoS component worked by sending large volumes of UDP packets to random or specific destination ports, either to saturate the Internet link or overwhelm network appliances. Other vectors, such as the QOTD (Quote of the Day), Echo, NTP, Portmap, and RIPv1, exploited vulnerabilities in legacy protocols and services to reflect and amplify attack traffic onto target systems. Global scale The attack was notable for its global reach. Traffic originated from more than 122,145 source IP addresses across 5,433 autonomous systems in 161 countries. Nearly half of the attack traffic came from Brazil and Vietnam, accounting for around twenty-five percent each. The remainder was largely attributable to sources in Taiwan, China, Indonesia, Ukraine, Ecuador, Thailand, the United States, and Saudi Arabia. At an autonomous system level, Telefonica Brazil (AS27699) contributed 10.5% of attack traffic, with Viettel Group (AS7552), China Unicom (AS4837), Chunghwa Telecom (AS3462), and China Telecom (AS4134) among the other major sources. The attack saw an average of 26,855 unique source IP addresses per second, peaking at 45,097. Technical response Cloudflare utilised the global anycast architecture to divert and dissipate the massive influx of traffic. As packets arrived at Cloudflare's network edge, they were routed to the closest data centre. This incident was managed across 477 data centres in 293 locations worldwide, with some regions operating multiple facilities due to traffic volume. Detection and mitigation were handled by Cloudflare's automated systems, which operate independently in each data centre. The Cloudflare global network runs every service in every data centre. This includes our DDoS detection and mitigation systems. This means that attacks can be detected and mitigated fully autonomously, regardless of where they originate from. Upon arrival, data packets were intelligently distributed to available servers where they were sampled for analysis. Cloudflare employed the denial of service daemon (dosd), a heuristic engine that reviews packet headers and anomalies for malicious patterns. The system then generated multiple permutations of digital fingerprints specific to the attack, seeking patterns that maximised blocking efficacy while minimising impact on legitimate traffic. Within data centres, real-time intelligence was shared by servers multicasting fingerprint information, refining mitigation on both a local and global scale. When a fingerprint surpassed predefined thresholds, mitigation rules were compiled and deployed as extended Berkeley Packet Filter (eBPF) programs to block the offending traffic. Once the attack ceased, associated rules were removed automatically. Botnet feed and future mitigation Cloudflare also maintains a free DDoS Botnet Threat Feed to help Internet service providers and hosting companies identify malicious traffic originating within their own infrastructure. The company said that over 600 organisations have subscribed to this service, allowing them to receive up-to-date lists of offending IP addresses engaged in DDoS attacks. Recommendations from Cloudflare emphasise tailored defences to address the unique characteristics of each network or application, with care taken to ensure that mitigation steps do not inadvertently disrupt legitimate traffic, particularly for services that depend on UDP or legacy protocols. Cloudflare's team highlighted that these successful defences occurred entirely without human intervention, alerting, or incident escalation, underscoring the shift towards fully autonomous, distributed mitigation strategies in response to modern DDoS threats.
Korea Herald
28-05-2025
- Business
- Korea Herald
KT signs W130b AI deal with Vietnam's Viettel
KT, one of Korea's leading telecom carriers, said Tuesday that it signed a strategic partnership with Viettel Group, Vietnam's largest telecom operator for collaboration on artificial intelligence transformation business. The agreement, valued at approximately 130 billion won ($94 million), marks a significant step in KT's efforts to lead AI innovation across Southeast Asia. The signing ceremony took place Monday at Viettel's headquarters in Hanoi, attended by KT CEO Kim Young-shub and Viettel Chair and CEO Tao Duc Thang. Ahead of the event, CEO Kim also met with Vietnamese Deputy Prime Minister Nguyen Chi Dung and Vice Minister of Science and Technology Bui The Duy to discuss national-level cooperation in AI transformation. Under the agreement, KT and Viettel will collaborate across six key areas: AI transformation consulting, AI business development, consumer and SME solutions, AI and cloud infrastructure, a global development center and joint market expansion. KT will support Viettel in developing a national AI strategy and building localized services such as AI agents and anti-voice-phishing solutions. The two companies also plan to co-develop AI infrastructure, such as a dedicated data center and a GPU farm, and establish a Global Development Center in Hanoi to cultivate regional talent. KT will additionally expand its AI education platform, AICE, throughout Vietnam to train future AI professionals. 'Viettel and KT have formed a strategic partnership to deliver modern solutions across Vietnam and global markets, combining KT's technology with Viettel's local expertise,' Viettel Group Chair and CEO Tao Duc Thang stated. KT CEO Kim Young-shub added, 'This partnership will drive Viettel's AI transformation and foster innovation across Southeast Asia, strengthening KT's role as a global AI innovation partner.'
