Financial Times research highlights the need for banks to digitalise

Financial Times research highlights the need for banks to digitalise

67 per cent of banks believe they will lose market share within two years if they fail to digitally transform.
VNPAY e-wallet reduces burdens during pandemic with stellar refunds on utilities bills

VNPAY e-wallet reduces burdens during pandemic with stellar refunds on utilities bills

VNPAY e-wallet offers instant payment of electricity and water bills with a 50 per cent refund of up to VND50,000 ($2.20) for new consumers.
SCIC to hold 31.08 per cent of charter capital of Vietnam Airlines

SCIC to hold 31.08 per cent of charter capital of Vietnam Airlines

SCIC bought Vietnam Airlines shares to hold at least 31.08 per cent of the charter capital to help the company overcome its difficulties amid COVID-19.
Modern parents teach children how to use technology to manage spending

Modern parents teach children how to use technology to manage spending

Parents are taking advantage of technology to help their children learn to manage spending and save more.
Pandemic driving digital-first mindset around financial services in Vietnam

Pandemic driving digital-first mindset around financial services in Vietnam

The global health crisis is driving a digital-first mindset in Vietnam when it comes to opening banking accounts.
Eximbank appoints Tran Van Loc as new CEO

Eximbank appoints Tran Van Loc as new CEO

The Board of Directors of Eximbank has just appointed Tran Van Loc as CEO, pending approval by the State Bank of Vietnam.
Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps to ignite digital banking

Financial wellness and digital money management apps are potential future sparks for igniting Vietnam’s race for digital dominance in the retail banking sector.
Tran Minh Binh becomes new chairman of VetinBank

Tran Minh Binh becomes new chairman of VetinBank

CEO Tran Minh Binh has been appointed as chairman of the bank's Board of Directors.
Consumer finance survey reveals strongest financial brands in Vietnam

Consumer finance survey reveals strongest financial brands in Vietnam

The biggest-ever consumer finance survey in Vietnam has named Vietcombank, BIDV, and Techcombank as the country’s three strongest financial brands.
Around 21 million Vietnamese will join the middle class by 2030

Around 21 million Vietnamese will join the middle class by 2030

Despite COVID-19, Vietnam's middle class is rising fast with 21 million people to earn the status by 2030, according to projections by the World Data Lab.
Mambu wins new digital banking deal with Cake

Mambu wins new digital banking deal with Cake

Banking technology vendor Mambu has won a deal with Cake, a new digital bank which is looking to offer a full suite of digital banking services.
A “cashless Vietnam” is coming

A “cashless Vietnam” is coming

Winnie Wong, country manager for Vietnam, Cambodia, and Laos at Mastercard, shared how it can enhance cashless experience and enable safe digital solutions.
MB awarded titles of Best FX Bank and Best Financial Derivatives Provider in Vietnam

MB awarded titles of Best FX Bank and Best Financial Derivatives Provider in Vietnam

On August 3, within the framework of Transaction Finance Awards Virtual Ceremony 2021 held by The Asian Banker, Military Joint Stock Commercial Bank (MB) was honoured with two prestigious awards: "Best FX Bank in Vietnam" and “Best Financial Derivatives P
Banks cut transaction fees from August to support customers during pandemic

Banks cut transaction fees from August to support customers during pandemic

The State Bank of Vietnam has directed credit institutions and foreign bank branches to slash transaction fees to provide COVID-19 relief for customers.
Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysia's CIMB greenlit to increase charter capital for Vietnamese bank arm

Malaysian bank CIMB announced that the SBV has approved its request to increase the charter capital of its CIMB Vietnam to VND3.69 trillion ($160.43 million).
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