Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

Digital transformation in the Financial sector as formidable task, requiring high determination and great effort

VCN - The workshop has been an annual activity jointly held by the Department of Financial Informatics and Statistics and the Institute of Financial Strategy and Policy to create forum for discussion between managers, financial-budgetary policymakers and
Raise awareness and responsibility in the fight against corruption in the finance sector

Raise awareness and responsibility in the fight against corruption in the finance sector

Over time, agencies and units under the Ministry of Finance have developed and strictly implemented codes of conduct and codes of professional ethics
Economic difficulties may affect the financial sector ?

Economic difficulties may affect the financial sector ?

VCN - According to experts of the National Economics University, Vietnam's economy is facing many risks, so the Government’s policies should focus on how to recover and develop the economy in a sustainable way.
Strengthening coordination between the financial sector and ministries

Strengthening coordination between the financial sector and ministries

VCN - Speaking at a Conference to review the financial and state budget work in 2021 of the Ministry of Finance, leaders of the State Audit and the Ministry of Planning and Investment highly appreciated the efforts of the Ministry of Finance as well as co
Foreign capital still "flooding" into Vietnam

Foreign capital still "flooding" into Vietnam's banks

VCN - In 2022, the most notable factor might be the deal in which VPBank sells 15% of the parent bank's shares, which is expected to take place in the first quarter of 2022.
Be careful with bad debt risks and ensure capital adequacy

Be careful with bad debt risks and ensure capital adequacy

The World Bank (WB) expert recommended that the authorities should carefully monitor the increase of bad debt and promote the application of capital adequacy regulations for all banks
Financial sector needs to improve threat intelligence: experts

Financial sector needs to improve threat intelligence: experts

With the use of digital money increasing rapidly during the pandemic, it has become crucial for the financial sector to integrate security and improve their threat intelligence capabilities, according to cybersecurity experts.
Financial sector has made important developments, making a decisive contribution to the country

Financial sector has made important developments, making a decisive contribution to the country's success

VCN- At the same time, implementing the policy of building an e-government towards digital government and digital economy, the financial sector has promoted the development and application of information technology, for eight consecutive years
Financial sector: Continuing to prioritize solutions to prevent corruption

Financial sector: Continuing to prioritize solutions to prevent corruption

​VCN - In recent years, the Ministry of Finance has thoroughly and seriously implemented all measures to prevent corruption
Financial sector continuing to prioritise solutions to prevent corruption

Financial sector continuing to prioritise solutions to prevent corruption

VCN- By the end of 2019, agencies and organisations of the Ministry of Finance checked the implementation of the code of conduct of officials and public servants at 506 units
The Financial Sector: Overcoming difficulties for successful reforms

The Financial Sector: Overcoming difficulties for successful reforms

VCN - Streamlining and improving the operational efficiency of its apparatus has been identified by the financial sector as a "spearhead task" of reform, in parallel with administrative reform and modernization activities, which gradually came into the or
Digital banking essential for Vietnam’s financial sector

Digital banking essential for Vietnam’s financial sector

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.
Financial Sector: Reduce the apparatus; make sure not to reduce the work quality!

Financial Sector: Reduce the apparatus; make sure not to reduce the work quality!

VCN -​ In recent years, besides the remarkable achievements in administrative reform, the reduction of focal units and the reduction of the apparatus are being implemented by the Ministry of Finance with drastic results
Financial Sector: Make use of artificial intelligence to quickly solve problems related to policies

Financial Sector: Make use of artificial intelligence to quickly solve problems related to policies

VCN- It is one of the technology solutions for administrative reform that the Ministry of Finance has been deploying and will actively deploy to serve people and enterprises in the best and most effective manner in the coming time.
The financial sector is steadily reforming

The financial sector is steadily reforming

VCN- Along with the implementation of requirements in the system of Resolution 19 of the Government, the financial sector has been active in public administration reform (PAR), which has achieved positive results, and been recognized by the society, peopl
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