Banking-insurance cooperation: Profits increase, customers feel frustrated

Banking-insurance cooperation: Profits increase, customers feel frustrated

VCN - Facing the situation of forcing customers to buy insurance, the authorities have repeatedly corrected this activity.
Banking shares plummet to attractive prices

Banking shares plummet to attractive prices

The banking industry may have a hard time reaching its 2022 profit growth targets, but share valuation have dropped significantly to attractive prices.
Credit growth of banking system expands by over 17 per cent

Credit growth of banking system expands by over 17 per cent

Credit of the Vietnamese banking system as of June 9 surged by 17.09 per cent against the same period last year.
Big M&A deals forecast in banking industry in 2022

Big M&A deals forecast in banking industry in 2022

Việt Nam’s merger and acquisitions (MA) market in 2022 is forecast to include big deals worth billions of dollars in the banking industry.
Despite stock market volatility, many open-ended funds achieved outstanding performance

Despite stock market volatility, many open-ended funds achieved outstanding performance

VCN - Although the stock market saw many fluctuations in the first quarter of 2022, many investment funds recorded positive profits.
SBV to regulate fintech banking

SBV to regulate fintech banking

The State Bank of Vietnam (SBV) has been developing a sandbox for fintech banking and gathering feedback on a draft regulating the sector.
Banking liquidity on the rise

Banking liquidity on the rise

Total liquidity in the banking system reached about VNĐ13.749 trillion (US$601 billion) in January, increasing by 2.59 per cent against the end of 2021.
Banking sector optimistic despite ongoing conflict in Europe

Banking sector optimistic despite ongoing conflict in Europe

The conflict almost certainly will drive global oil prices up, disrupt the global supply chain and create inflationary pressures. As a result, firms will likely be more hesitant to make investments, consumers cut back on spending and lower demand for credit.
Banking industry forecasts large-scale recruitment demand

Banking industry forecasts large-scale recruitment demand

The Vietnamese banking industry willnbsp;havenbsp;large-scale recruitment demand this year, recruitment service provider Navigos Group has forecast.
Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity crucial for ongoing digitisation of banking industry: researchers

Cybersecurity is one of the central issues in the digital transformation of the banking system.
Banking sector focuses credit on priority fields in 2022

Banking sector focuses credit on priority fields in 2022

The banking sector has implemented monetary policies and management solutions in 2021 to control inflation and stabilise the macro-economy. At the same time, it also provided credit supportnbsp;for people and businesses to gradually restore production. In 2022, the banking sector will continue to create favourable conditionsnbsp;for liquidity in the economy. Deputy Governor of the State Bank Đào Minh Tú speaks to the Vietnam News Agency about these issues.
Protecting the digital transformation achievements of the banking industry in the new normal

Protecting the digital transformation achievements of the banking industry in the new normal

VCN - The growing risk of criminals using high technology as "ghosts" threatens the digital transformation that is taking place in the banking sector. Therefore, it is necessary to invest in awareness, people, means and strengthen coordination between the
Banking sector embraces digital transformation to improve customer experience

Banking sector embraces digital transformation to improve customer experience

Faced with complicated developments of the COVID-19 outbreak in recent times, banks in Ho Chi Minh City and elsewhere in the country are strictly complying with social distancing regulations while also ensuring their systems operate smoothly and efficiently and fully meet the needs of individual and corporate customers.
Vietnam’s digital banking adoption catches up with developed markets

Vietnam’s digital banking adoption catches up with developed markets

The adoption of digital banking in Asia-Pacific (APAC) emerging markets, especially Vietnam, has caught up with that in developed markets.
Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will abandon the process. One out of six Vietnamese will drop out if asked more than five questions.
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