A two-day Banking Vietnam 2012 Conference and Expo kicked off on May 23,
aiming to provide insights on current and future developments of
banking technology and present latest high-tech solutions and
applications for the industry.
transformation towards effective banking governance and high quality
services", the annual conference is jointly hosted by the State Bank of
Vietnam (SBV) and International Data Group (IDG Vietnam).
"It's a good opportunity for banks to improve their current systems, said Le Thanh Tam, CEO of IDG in Vietnam .
Speaking at the event, deputy governor of SBV, Nguyen Toan Thang said
that banks with large number of clients are growing rapidly and
obtaining high-quality banking services such as electronic payment
By 2015, around 35 percent of the citizens would
have access to banking services while cash payments ratios would
decrease by about 90 percent.
He said one of the effective
solutions to the banking governance is to fulfil the "Strategic
Planning for the Banking Industry by 2015" to gradually upgrade banks'
infrastructure, human resources and products.
in Vietnam have now considerably invested in IT infrastructure which
is a favourable factor for them to apply advanced technologies to their
business," said Tam.
Ramesh Siva, Service Delivery
Manager of Australia 's Sandstone Technology company said: "The banking
industry's potential in Vietnam is catching the eyes of many IT and
technological enterprises. We are one of them who wants to promote an
advanced online- payment application through mobile phones."
The two-day conference will host insightful discussions, introduce
up-to-date information technology for banking and share best practices.
The conference on May 24 brought together over 600 VIPS, CIOs , and IT
directors from Vietnam 's 35 commercial banks and foreign