At the press conference (Photo: thoibaonganhang.vn) Hanoi (VNA) - The State Bank of Vietnam (SBV) announced a series of events focusing on digital transformation in the banking sector, scheduled for May 8 in Hanoi.
This initiative aligns with the goals of the National Digital Transformation Programme until 2025, with a vision to 2030, aiming to propel Vietnam towards a digital economy and society, said Director General of the SBV’s Payment Department Pham Anh Tuan at a press conference in Hanoi on April 25.
A thematic seminar will be held for the first time, featuring presentations by leading financial and technology experts from giants such as Google, IBM, Fidelity, SAP, which will be a significant highlight.
Attendees can also explore 16 exhibition booths showcasing the latest products, services and technologies from banks, payment intermediaries and technology companies.
From 2020-2022, the SBV consistently ranked high among ministries and agencies in the digital institutional index.
As of now, about 77.41% of Vietnamese adults have bank accounts, with over 35 million payment accounts and about 14.9 million cards opened through the electronic Know Your Customer (eKYC) method currently operational.
The year 2023 saw a surge in mobile payment transactions, with a 59.86% increase in volume and a 12.73% increase in value. QR code payments also experienced explosive growth, with a 242.46% increase in volume and a 157.2% rise in value compared to the previous year.
The first two months of this year recorded significant year-on-year growth in non-cash payment and digital banking activities, with non-cash payment transactions rising by 59.6% in volume and 32.73% in value. Internet banking transactions also saw impressive growth, increasing by 51.60% in volume and 23.88% in value. Mobile banking transactions followed suit, surging by 63.24% in volume and 33.43% in value. QR code payments continued their dominance, with a phenomenal 846.41% increase in volume and a staggering 1,146.14% increase in value./.
