Digital Transformation in Banking
WFIS redefines future of financial services
World Financial Innovation Series (WFIS) officially took place over two days—April 15 and 16—at the Melia Hotel in Hanoi.
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DongA Bank renamed as Vikki Digital Bank
DongA Commercial Joint Stock Bank (DongA Bank) has changed its name to Vikki Digital Bank Limited (Vikki Bank) following Decision No. 42/QĐ-TTGSNH2 issued by the State Bank of Vietnam (SBV) on February 14, 2025.
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Prime Minister: Banks need to sacrifice part of their profits to reduce lending rates, support the economy, people and businesses
On the morning of February 11, 2025, at the Government Headquarters, Prime Minister Pham Minh Chinh chaired the Government Standing Committee Conference to work with commercial banks to accelerate, break through, promote growth and control inflation.
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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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Pay services can be smart city backbone
Hanoi’s smart city progress, led by advanced payment integration, shows promise but still faces key regulatory and security challenges that need resolution for full success.
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Unlocking digitalisation potential in banking sector
While 5G commercialisation is expected to open more opportunities for the banking sector, various issues remain. Dr. Nguyen Quoc Hung, Vice chairman of the Vietnam Banks Association, spoke with VIR’s Minh Anh about the current driving forces.
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Vietnam Banks Association and Vietnam Advisors talked about the Euro Finance Week 2024
On the morning of September 30, 2024, the Vietnam Banks Association (VNBA) had a meeting with Vietnam Advisors to update and exchange information about the Vietnam Dialogue event within the Euro Finance Week in Frankfurt (Germany) organized by Vietnam Advisors. The program is part of the 27th European Finance Week event taking place on November 18 and 19, 2024.
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Banking Innovation in the Digital Age
On September 11 and 12, in Ho Chi Minh City, the ENGAGE Asia 2024 conference took place, gathering more than 180 leading bank leaders, managers and technology experts. The event focused on the topic of "Innovating the banking industry in the digital age", aiming to find solutions to promote digital transformation and innovation in the Vietnamese banking industry.
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Managing monetary policy smoothly, consistently and effectively
On August 5, 2024, at the Government’s Office, Prime Minister Pham Minh Chinh chaired a meeting with the State Bank of Vietnam (SBV) and several relevant Ministries and agencies. The meeting aimed to evaluate monetary policy management since the beginning of the year, and determine key tasks and solutions for the remainder of the year in order to ensure flexible, proactive and effective implementation of monetary policy.
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VNBA and Singaporian Fintech Association talks on financial technology trends
On July, 30th, 2024, VNBA Vice-Chairman cum Secretary General Nguyen Quoc Hung has received and talked to Singaporiean Fintech Association CEO Reuben Lim. Participated in the meeting, there were Mr. Truong Quang Viet – Vice Chairman of Vietnam Fintech Club and representatives from VNBA standing Agency’s units.
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To form a coordinated process for handling accounts and cards to prevent fraud and scams
On July 3, in Hanoi, the Vietnam Banks Association (VNBA) coordinated with the Vietnam National Payment Corporation (NAPAS) to hold a meeting to discuss the coordination process for handling accounts and cards related to transactions suspected of fraud, forgery, and scams.
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Expert’s warning of new forms of financial crime fraud
At the workshop on the topic "Financial crimes, anti-money laundering, sanctions and international payments in banking activities" co-organized by the Vietnam Banks Association (VNBA) and Wells Fargo Bank on May 30, 2024, the bank experts warned about financial crimes with very sophisticated forms of fraud.
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VNBA Secretary General received and talked with Delegation from the Bond Connect Company Limited
On May 28, 2024, Bond Connect Company Limited (BCCL) delegation headed by Mr. Tony Wang, General Manager has come and discussed with Vietnam Banks Association (VNBA) for updating information relating to China fixed income market.
