Customers use the Viettel Pay app to pay for goods.(Photo: VNA) Hanoi (VNS/VNA) – Embracing the digital transformation is critical for Vietnamese bankers in the era of Industry 4.0, experts said during the 2019 Asian Banker Conference in Hanoi on January 10. The event, themed “Future of Finance Vietnam”, was organised by Singapore-based The Asian Banker, a provider of strategic business intelligence to the region’s financial services community. The event brought financial institutions, regulators, policymakers and service providers together to share professional insights, work on detailed solutions and discuss the latest trends in the banking industry. “We are living in an era of technological revolution which brings both new opportunities and challenges,” said Huynh Buu Quang, CEO of the Vietnam Maritime Commercial Joint Stock Bank (Maritime Bank). “Currently, 59 percent of Vietnamese people have bank accounts, 67 percent use the internet and 70 percent use smart phones, but less than 20 percent make online banking transactions and digital payments.” “This presents a huge opportunity for bankers to apply digital technology to bring new and convenient products and services to customers,” Quang said. According to Nghiem Thanh Son, senior deputy director general of the State Bank of Vietnam (SBV)’s Payment System… Read full this story
- VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 20
- VIETNAM BUSINESS NEWS HEADLINES NOVEMBER 21
- Releasing potential of quality labour
Digital banking essential for Vietnam’s financial sector have 235 words, post on en.vietnamplus.vn at January 10, 2019. This is cached page on VietNam Breaking News. If you want remove this page, please contact us.