CDNetworks Selected as Strategic Partner by Petrolimex Aviation to Bolster Cybersecurity with AI-Powered Cloud Platform
The strategic partnership marks a significant shift in Petrolimex Aviation's security strategy, empowering the company to address emerging threats in a rapidly changing cybersecurity landscape proactively. It also allows Petrolimex Aviation to optimize both the speed and safety of its service delivery, supporting its commitment to operational excellence and customer trust.
Key results: • Reliable performance and service delivery throughout Vietnam and Southeast Asia.
• Adaptive, AI-powered defense that continuously evolves to counter new threats.
• Comprehensive protection that touches every key phase of its defense journey.
• Professional, responsive technical assistance from a dedicated local expert team.
"CDNetworks has proven to be a partner we can count on across the board, from solutions and services to local presence," said Mr. Tran Minh Thang, CIO at Petrolimex Aviation. "Their integrated solution and dependable support offer peace of mind that is essential to maintaining our operational resilience." "We're pleased to see our partnership enabling Petrolimex Aviation to maintain high service reliability while proactively defending against emerging risks," said Antony Li, APAC Head of Sales at CDNetworks . "This reflects our broader commitment to enabling Southeast Asian enterprises with a cohesive strategy to unify security, performance, and business objectives." About CDNetworks As the APAC-leading network with over 2,800 global PoPs and more than 20 years of technology experience, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services encompass web performance, media delivery, cloud security, zero-trust security, and colocation services — all designed to drive business innovation.
To learn more, visit www.cdnetworks.com and follow us on LinkedIn.
About P etro limex Aviation Established in 2008, Petrolimex Aviation is a key subsidiary of the Vietnam National Petroleum Group. It's one of Vietnam's two major jet fuel import-export hubs, providing fuel and refueling services to over 50 domestic and international airlines. As an IATA Strategic Partner and a member of the Joint Inspection Group (JIG), the company operates to the highest international standards in aviation fuel quality, safety, and compliance.
(Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
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First Post
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- First Post
China fumes over US-Vietnam deal targeting trans-shipping, vows to safeguard interests
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Business Standard
3 hours ago
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He offered a reflective yet humorous glimpse into SPJIMR's origins, recounting how the institute once operated above a chemistry lab, where the smell of hydrogen sulphide made sure students stayed attentive. His remarks drew laughter from the audience while underscoring the school's journey from modest beginnings in 1981 to earning the globally respected 'triple crown' of accreditations--EQUIS, AACSB, and AMBA. "This places us in very select company among schools within India, and globally, and reaffirms our commitment to academic excellence," he stated. Celebrating diversity and potential The Class of 2027 brings together a remarkable blend of talent from diverse domains, including banking and financial services, data analytics, engineering, IT consulting, marketing, and operations and supply chain. Participants with prior industry experience--comprising 85% of the cohort--represent over 220 companies including Accenture, Amazon, Asian Paints, Bain & Co, Bank of America, BPCL, Citigroup, Cognizant, Deloitte, EY, Gartner, HUL, HPCL, Infosys, Intel, Kotak Mahindra, KPMG, L & T, Maruti Suzuki, Novartis, PwC, Reliance, Shell India, TCS, Tata Motors, UCO Bank, Wipro, Yamaha, and ZS Associates, among others. The PGDM cohort comprises 63% men and 37% women, while the PGDM (BM) cohort includes 74% men and 26% women. Approximately 58% of the overall cohort have an engineering background. The remaining participants bring a diverse range of academic qualifications across arts, banking and finance, commerce, humanities, insurance, management, and the sciences--ensuring multidimensional thinking and innovative problem-solving. A fresh start and a learning mindset Renuka Kamath, Professor of Marketing and Associate Dean, Full-time Programmes invited participants to view their admission as a moment of renewal: "Look at this as a reset button for a new phase. Take risks; pursue what you've always wanted to. Learn the art of trade-offs." Highlighting the rich diversity of the new class, with participants from 24 states and 130+ cities across India, Prof. Kamath encouraged students to embrace the varied perspectives of their peers: "Develop the knack of setting your biases aside. Show tolerance and kindness to people who differ from you, who think differently than you." She concluded with a reminder about humility in learning: "Learn, unlearn, and relearn. Just because you witnessed something in your workplace or experienced something in your personal life doesn't mean the world operates that way." 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Time of India
4 hours ago
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US President Donald Trump's two-tiered trade deal with Vietnam aims squarely at practices China has long used to skirt US tariffs: The widespread legal shifting of production to Southeast Asian factories and the murkier and illegal 'origin washing' of exports through their ports. The agreement slaps a 20% tariff on Vietnamese exports to the US and a 40% levy on goods deemed to be transshipped through the country. With details still scarce, economists said much will hinge on the framework Washington establishes to determine what it sees as 'Made in Vietnam' and what it sees as transshipments. Complicating matters is the fact that Chinese businesses have rushed to set up shop across Southeast Asia since Trump launched his first trade war back in 2018. The lion's share of Vietnam's exports to the US are goods like Airpods, phones or other products assembled with Chinese components in a factory in Vietnam and then shipped to America. That's not illegal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo Also Read: Beijing wary as US plots quiet trade war to isolate China; India in negotiation room 'A lot will depend on how the 40% tariffs are applied. If the Trump administration keeps it targeted, it should be manageable,' said Roland Rajah, lead economist at the Lowy Institute in Sydney. 'If the approach is too broad and blunt, then it could be quite damaging' for China, Vietnam and for the US, which will have to pay higher import prices, he said. Live Events The think tank estimates that 28% of Vietnamese exports to the US were made up of Chinese content in 2022, up from 9% in 2018. Pham Luu Hung, chief economist at SSI Securities Corp. in Hanoi, said a 40% levy on transshipped goods would have limited impact on Vietnam's economy because they aren't of Vietnamese origin in the first place. Re-routed exports accounted for just 16.5% of Vietnam's shipments to the US in 2021, a share that's likely declined over the past couple of years amid stronger enforcement actions by both governments, Hung said. 'An important caveat is that the rules of origin remain under negotiation,' Hung said. 'In practice, these rules may have a greater impact than the tariff rates themselves.' Devil in Details Duncan Wrigley, chief China economist at Pantheon Macroeconomics, said he's skeptical the latest deal will be effective in stamping out Chinese exports via Vietnam to the US. 'The devil is in the details, but I think China's exports will either go via other markets to the US, or some value-added will be done in Vietnam so the product counts as made in Vietnam, rather than a transshipment,' he said. As officials across Asia rushed to negotiate lower US tariff levels with their US counterparts this year, Chinese businesses have been just as quick to ramp up their exports through alternative channels in order to skirt punitive US levies. Shipments from China to Southeast Asia have reached record highs in Indonesia, Malaysia, Thailand and Vietnam this year. And there's been a 'significant increase in correlation' to the region's increase in exports to the US during the same period, Citigroup Inc. economists said in a recent report. Bloomberg Much of that is likely due to the shifting of legitimate production across the region. Goods destined for the US market may be sent from their factories in Southeast Asia, and what they make in their factories in China will be sent to the rest of the world, said Derrick Kam, Asia economist at Morgan Stanley. 'If you try to represent that in the trade data, it will look exactly like rerouting, but it's not,' Kam said. 'It's essentially the supply chain working itself out.' But it's transshipment that's been a major concern for Trump's top trade advisers including Peter Navarro, who described Vietnam as 'essentially a colony of communist China' during an April interview with Fox News. And it's not just been happening in Vietnam. Not long after Trump unveiled his 'Liberation Day' tariffs on April 2, garment makers in Indonesia started receiving offers from Chinese companies to be 'partners in transshipment,' said Redma Gita Wirawasta, chairman of the Indonesian Filament Yarn and Fiber Producers Association. Chinese products would be rerouted to Indonesia, undergo minimal processing like repacking or relabeling, then secure a certification that they were made in the Southeast Asian country, Wirawasta said. Bloomberg When the goods are then exported to the US, they'd be subject to the 10% universal levy that Trump has imposed on nearly all countries, instead of the tariff for China that still equates to an effective level of over 50%, even after a recent 'deal' that lowered levies from a peak of 145%. With the huge scope for arbitrage, coupled with little policing, that process will prove tough to stamp out. 'Chinese exporters and their affiliates and partners in Southeast Asia are highly skilled at adapting to changing rules, identifying loopholes, and sometimes overstating the extent of value-add by non-China countries,' said Gabriel Wildau, managing director at advisory firm Teneo Holdings LLC in New York. Some final assembly or transshipment may shift to rival Southeast Asian transshipment hubs like Cambodia, Thailand and Singapore, or farther afield to Turkey, Hungary or Poland, Wildau said. 'Another possibility is that the definitions and enforcement mechanisms are fuzzy, rendering the latest deal cosmetic and toothless,' he said. 'Rigorous enforcement would also require a significant boost of resources to enable US customs to verify compliance with the tougher rules of origin.' There have been efforts across the region to at least be seen to be making an effort to curb the practice. Indeed, Vietnam has made a big deal about cracking down on trade fraud and illegal activity in recent months. In April, South Korea said it seized more than $20 million worth of goods with falsified origin labels — the majority of which were destined for the US. The Airfreight Forwarders Association of Malaysia issued a warning in May as Chinese brokers promoted illegal rerouting services on social media. Malaysia has centralized the issuance of certificates of origin with its Ministry of Investment, Trade and Industry, while tapping its customs agency to help curb transshipment. Thailand has expanded its watch list for high-risk products, including solar panels, cars and parts, and is mulling stricter penalties for violators. Red Tape Casey Barnett, the president of the American Chamber of Commerce in Cambodia, is already seeing the changes in action. One factory that exports to major US retailers, including Walmart, Home Depot and Lowe's, said that customs officials were very carefully reviewing their products before being sent to the US, he said. 'It's creating some additional paperwork and a little bit of red tape here,' Barnett said. A senior manager at a logistics company in Cambodia, who asked not to be identified because the matter is sensitive, said export processing time has now stretched to as much as 14 working days — double what it was before. But in Indonesia, getting a certificate of origin is fairly quick and painless when goods are marked for export, often just requiring a product list and a letter to the provincial trade office, according to Wirawasta. Authorities prioritize checking products that enter the country to ensure they pay the right duties and comply with regulations, he explained. It's rare for them to inspect factories where an export good was supposedly made. So much so that sometimes, Chinese companies don't even need to muster up some local processing. 'The T-shirt could be finished in China, with a 'Made in Indonesia' label already sewn on,' Wirawasta said. 'Some traders won't even bother to unload the goods from the shipping container,' he added. 'Unloading costs money.'
