Vietnam Approves US$6.4Mln for Financial Info Security

Vietnam Approves US$6.4Mln for Financial Info Security

Vietnam's Ministry of Finance (MoF) has approved a project to ensure information security for the country’s finance sector with total investment of VND100 billion (US$6.4 million) from now to the end of 2006.

According to Pham Van Thuan, Director of the IT and Financial Statistics Department under the MoF, the government must protect information relating to tax, customs, state treasury, state budget spending, management of debts and management of enterprises from cyber hackers, fires and natural disasters.

• N.T