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For the first time, a Vietnamese bank has total assets exceeding US$100 billion
The Joint Stock Commercial Bank for Investment and Development of Việt Nam (BIDV) reported to have a total consolidated assets reaching nearly VNĐ2.576 quadrillion (US$101.6 billion) as of September 30, up 12 per cent over the beginning of this year, making it the biggest bank in the country.
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Vietnam Banks Association talks with Digital Signature Club
On October 31, 2024, Vietnam Banks Association (VNBA) had a working session with the Vietnam Digital Signature and Electronic Transaction Club (Digital Signature Club) to discuss some contents in implementing digital signatures in practice and coordinate the construction of the V-Hub digital signature switching system.
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SBV and CBUAE sign MoU on Cooperation
On October 28, 2024, within the framework of the official visit to United Arab Emirates (UAE), Prime Minister Pham Minh Chinh and Vice President/Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum witnessed a ceremony announcing the signing of the cooperation documents between the two countries, including a Memorandum of Understanding (MoU) on Cooperation in the banking sector between the State Bank of Vietnam (SBV) and the Central Bank of the UAE (CBUAE).
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Accelerating digital transformation while ensuring security and fraud prevention
On October 30, 2024, the Vietnam Banks Association (VNBA) in collaboration with the Economic and Trade Office - Embassy of Israel in Vietnam organized an online workshop "Accelerating digital transformation while ensuring security and fraud prevention".
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VNBA seeks members' opinions on Ministry of Justice's guidelines for secured transactions
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations to comment on the draft Circular amending and supplementing a number of articles in the Circulars of the Minister of Justice providing guidelines for secured transactions.
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Banking industry needs to embrace technology trends and build sustainable development strategies
Smart Banking Conference - Exhibition 2024 with the theme: "Shaping the digital future for the Banking industry: Safe and sustainable operating strategy" organized by the Vietnam Banks Association in collaboration with IEC Group on October 29, 2024, under the auspices of the State Bank of Vietnam.
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Deputy Governor Pham Tien Dzung: The legal corridor of the banking industry has been paving the way for the application of technology
At the Smart Banking 2024 Conference and Exhibition, Deputy Governor of the State Bank Pham Tien Dzung affirmed that the legal corridor of the banking industry has been paving the way for the application of technology.
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VNBA received leader of Shinhan Bank Vietnam
On the afternoon of October 29, 2024, Dr. Nguyen Quoc Hung - Vice Chairman cum General Secretary of the Vietnam Banks Association (VNBA) had a meeting and talked with the leader of Shinhan Bank Vietnam (Shinhan Bank Vietnam) to inform about the results of the recent working trip to Korea of the VNBA delegation and discuss some key issues of the banking industry that both sides are interested.
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Governor Nguyen Thi Hong clarifies a number of issues related to real estate credit
On October 28, 2024, continuing the 8th Session of the 15th National Assembly, the National Assembly held a plenary session to discuss the Report of the National Assembly's Supervisory Delegation on "implementation of policies and laws on real estate market management and social housing development from 2015 to the end of 2023". The Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong explained and clarified a number of issues to National Assembly deputies.
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Detailed guidance on banning sale of bancassurance needed
Insurance companies are awaiting further details on regulations that will guide the implementation of a new policy on banning sale of bancasurance products through banks (bancassurance) to help them comply with the law.
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VNBA invites members to attend online seminars on "Digital Banking" and "Fraud Management in Digital Payments"
Vietnam Banks Association (VNBA) continues to coordinate with BPC Banking Technologies - SmartVista Company to organize two in-depth online seminars on "Digital Banking" and "Fraud Management in Digital Payments".
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Draft Circular on the issuance of domestic deposit certificates
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations inviting comments on the draft Circular regulating the issuance of domestic deposit certificates by credit institutions and foreign bank branches.
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Banks show positive results during third quarter
Techcombank announced that pre-tax profit in the first nine months of this year reached VNĐ22.8 trillion, up 33.5 per cent over the same period last year.
