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Banking sector faces data governance hurdles in AI transition
As Vietnam’s banking sector reaches a turning point, with fragmented data systems evolving into a foundation for AI adoption, Dao Hong Giang, executive vice president and director of Finance–Banking at FPT IS, speaks with VIR’s Nhue Man about new institutional and infrastructure breakthroughs.
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VNBA delegation unlocks China's fintech code: Key insights on digital payments and data strategy
From October 23 to 29, 2025, a high-level delegation from the Vietnam Banks’ Association (VNBA), led by Dr. Nguyen Quoc Hung – Vice Chairman and Secretary General, has implemented an intensive one-week fact-finding mission to China. The mission aimed to dissect the developmental model and governance of the advanced digital payment ecosystem, bank card operations, risk management, and the symbiotic partnership between banks, e-wallets, and technology companies in the global fintech powerhouse.
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Promoting factoring services in Vietnam
On August 12, 2025, in Hanoi, the Vietnam Banks Association (VNBA) and the International Finance Corporation (IFC) jointly organized the "Policy Dialogue on Factoring Business in Vietnam". This event provided a comprehensive picture of the current status of factoring activities in Vietnam, while also pointing out the difficulties, challenges as well as the great development potential of this market.
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Technology paves the way for modern banking risk management
On the morning of July 30, 2025, in Hanoi, the Vietnam Banks Association (VNBA) in collaboration with the Vietnam National Credit Information Center (CIC) held a seminar on "Enhancing risk management capacity, improving credit quality with credit rating and scoring models applying new technology".
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AI giving Standard Chartered the edge in digital banking
Nguyen Ngoc Lan Anh, Chief Technology and Operations Officer at Standard Chartered Bank Vietnam, shares key insights on the benefits of AI in financial services, highlighting how Standard Chartered applies AI to drive innovation, boost efficiency, and enhance customer and employee experiences.
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TCB, Mobifone and One Mount Group establish digital payment company
Mobifone, Techcombank and One Mount Group recently contributed capital to establish a digital payment company with a capital of 300 billion VND.
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Regulatory sandbox in banking sector is a bold policy innovation
With more than 95 per cent of registered enterprises being SMEs, the private sector plays a decisive role in driving economic growth, innovation, and digital transformation.
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Major changes coming to Vietnam's banking sector on July 1, 2025
From July 1, Vietnam's banks will require biometric verification and phase out magnetic cards.
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Digital assets finally go legal for Vietnam
The official legal recognition of cryptoassets presents both an opportunity to accelerate the growth of the digital tech market and a challenge in mitigating potential related disputes.
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Cashless Day 2025: “Non-Cash Payment: Promoting the Digital Economy”
On June 2, 2025, a press conference to announce the “Cashless Day 2025” with a theme of “Non-Cash Payment: Promoting the Digital Economy” was organized under the direction of the State Bank of Vietnam (SBV) and Ho Chi Minh City People's Committee, with the SBV Payment Department, the Banking Times, and the Tuoi Tre Newspaper being the key implementing agencies, in collaboration with Ho Chi Minh City’s Department of Industry and Trade and the National Payment Corporation of Vietnam (NAPAS).
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Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech
On June 3, 2025, in Hanoi, the Vietnam Financial Technology Club (VietFintech Club) under the Vietnam Banks Association organized a seminar on "Decree No.94/2025/ND-CP and opportunities for Vietnamese Fintech" to disseminate and clarify the content of Decree No. 94/2025/ND-CP on the sandbox in the banking sector.
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AI helps banks promote Sustainable Development Report
Leveraging AI in producing sustainability information may enhance efficiency, accuracy and also strategic decision making, a banking and finance forum has been told.
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Official P2P lending model to make debut
A peer-to-peer lending model is to be piloted in Vietnam, but its risks will have to be managed strictly to mitigate losses and fraud.
