Vietnam Banks Association
VNBA and VASEP discuss on the Business Development Services Program
On April 26, 2024 at the Headquarters No. 193, Ba Trieu str., Hanoi, Vietnam Banks Association (VNBA) and Vietnam Association of Seafood Exporters and Producers (VASEP) has discussed on the Business Development Services Program within the framework of IPSC project.
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Vietnam Banks Association received and worked with the International Compliance Association
On the morning of March 26, 2024, the Vietnam Banks Association (VNBA) had a reception and working session with representatives of the International Compliance Association (ICA), the community's leading professional agency on compliance legislation and global financial crime, headquartered in the UK and offices in Singapore, Malaysia, UAE.
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The Conference “ Finance Innovation in Vietnam WFIS 2024”
On April 15-16, 2024, the Conference “ Finance Innovation in Vietnam WFIS 2024” co-organized by Vietnam Banks Association and TradePass Company will take place. Vietnam Banks Association invite all member organizations to participate for free.
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ATMs being "sluggish" in terms of digital transformation
At least 95 per cent of banks in Việt Nam are actively implementing digital transformation.
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Banks spend some $662mln on digitization
Daily transactions now reach 8 million, with a cash value of some $38 billion, as banks pay greater focus to digital transformation.
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Banks must prepare to respond to non
Risk management has become an extremely important task for all banks.
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Secretary General of the ASEAN Bankers Association visits the VNBA
During the business trip to Vietnam, Mr. Paul Gwee, Secretary General of the ASEAN Bankers Association (ABA) paid a visit to Vietnam and had a discussion with the Vietnam Banks Association (VNBA) on August 18, 2023. Dr. Nguyen Quoc Hung, VNBA’s Vice Chairman cum Secretary General and representatives from VNBA’s departments received and talked to him.
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Bankers proposed resolution to support firms, people
The Vietnam Banks Association (VNBA) has suggested the Government submit a request to the National Assembly for a resolution to support firms and people to overcome difficulties and promote business development like they did during the COVID-19 pandemic.
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Consumer Finance Club (Vietnam Banks Association) shared experience of fraud prevention
On the morning of July 14, the Consumer Finance Club (Vietnam Banks Association) held a conference called "Sharing experiences on prevention, control fraud and agreeing on a plan to build Blacklist database of finance companies”.
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Vietnam’s Banking Execs Call for Open Banking Framework
In Vietnam, although financial institutions have realised the potential of open banking to enable more inclusive and accessible financial services, a patchy legal framework is hampering their efforts to join the data revolution.
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Banks still perform well amid pandemic-caused difficulties
Banks’ pre-tax profits this year will remain relatively positive but are yet to be sustainable as banks haven’t set up contingency reserves for restructured debts.
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Detailed policies needed to help firms get loans
Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.
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Pandemic spurs digital banking transformation, helps create new services
he pandemic has forced the banking sector to speed up digitalisation and contactless banking, said Nguyễn Quốc Hùng, general secretary of the Vietnam Banks Association during an online conference on the digitalisation of banking and finance in Việt Nam on Thursday.
