News
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To comment on draft amendments to Circular No. 11/2022/TT-NHNN
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations inviting comments on the draft Circular amending and supplementing a number of articles in Circular No. 11/2022/TT-NHNN (Circular 11) regulating bank guarantees.
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Vietnam Banks Association and AMRO have working session
On the afternoon of September 19, 2024, a delegation from the ASEAN+3 Macroeconomic Research Organization (AMRO) led by Dr. Sumio Ishikawa - Team Leader and Economist at AMRO visited and worked at the Vietnam Banks Association (VNBA) to update and discuss a number of contents related to banking activities.
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VNBA receives comments and completes draft of International Money Transfer Rules
On September 18, 2024, the Vietnam Banks Association (VNBA) held a meeting of the Working Group to develop a Code of Conduct and unified practices on the list of documents and document verification for overseas remittance transactions of residents who are Vietnamese citizens (Code of Conduct). The purpose is to discuss and reach agreement on some issues that are still stuck in the process of drafting the Code of Conduct and to receive comments to complete the draft for promulgation.
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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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Workshop "Winning the digital payment race in the Banking and Finance industry"
On September 10, in Hanoi, the Vietnam Banks Association (VNBA) coordinated with BPC Vietnam Company to organize the workshop "Winning the digital payment race in the Banking and Finance sector" with the aim of contributing to promoting digital transformation in the Banking and Finance industry as well as encouraging cooperation, creating a tight, effective and sustainable digital banking and digital payment ecosystem in Vietnam.
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Warning about 24 types of fraud in cyberspace
The Ministry of Information and Communications has officially launched the campaign "Month of action propaganda on identification and prevention of online fraud" under the leadership and coordination of the Department of Information Security (Ministry of Information and Communications).
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Vietnam Banks Association talks with Monetary Authority of Singapore
On August 22, 2024, Vice Chairman cum Secretary General of the Vietnam Banks Association (VNBA) Nguyen Quoc Hung had a meeting and talked with Mr. Eugene Goh, Deputy Director in charge of FinTech & Innovation in the Monetary Authority of Singapore (MAS).
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Warning about some forms of fraud through card transactions and domestic payments
According to the representative of the Risk Management Subcommittee, Bank Card Association (Vietnam Banks Association), faking applications to take control of devices is one of the common forms of fraud for card transactions and domestic payments recently.
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Promote cross-border bilateral payments via QR Code
On August 21, 2024, the Vietnam Banks Association (VNBA) coordinated with the Payment Department (State Bank of Vietnam) to organize a meeting to promote bilateral retail payments via QR codes between Vietnam and countries in the region, along with a number of issues of concern in the Circular No. 40/2024/TT-NHNN dated July 17, 2024 regulating the provision of intermediary payment services.
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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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VNBA and IFC talked on Fintech and Consumer Finance
On July 22, 2024 in Hanoi Headquaters, Dr. Nguyen Quoc Hung, Vice Chairman and General Secretary of Vietnam Banks Association (VNBA) has received and talked with the IFC delegation on the Fintech market and consumer finance in Vietnam.
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VNBA invites members to comment on the draft Decree on tax management for enterprises with related-party transactions
The Vietnam Banks Association (VNBA) has just sent an official dispatch to the General Directors of member organizations inviting comments on the Draft Decree amending and supplementing Decree 132/2020/ND-CP on tax management for enterprises with related-party transactions.