VIETNAM, May 19 – HÀ NỘI — Việt Nam’s banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV). The effort has started bearing fruits as the Southeast Asian economy maintained a 40 per cent growth rate in digital payments in the last four years, making it one of the world’s fastest-growing economies in banking digital transformation. Banks have reported up to 90 per cent of their transactions were handled through digital channels with as many as 74.63 per cent of Vietnamese adults having a bank account, said SBV Governor Nguyễn Thị Hồng at the Banking Industry Digital Transformation Day 2023, held yesterday in Hà Nội. In addition, by the end of March this year, 3.71 million Mobile-Money accounts had been opened, with over 70 per cent of them being in rural, remote, and disadvantageous regions across the country. Speaking at the event, Deputy Prime Minister Lê Minh Khái said a speedy digital transformation must go hand in hand with stronger measures to ensure security and trust among the population. He urged the sector to closely collaborate with government ministries and agencies to minimise the risk […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
