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 bankingsector, scheduled for May 8 in Hanoi.
This initiative aligns with thegoals of the National Digital Transformation Programme until 2025, with a vision to2030, aiming to propel Vietnam towards a digital economy and society,said Director General of the SBV’s Payment Department Pham AnhTuan at a press conference in Hanoi on April 25.
A thematic seminar will be heldfor the first time, featuring presentations by leading financial and technologyexperts from giants such as Google, IBM, Fidelity,SAP, which will be a significant highlight.
Attendees can also explore 16exhibition booths showcasing the latest products, services and technologies frombanks, payment intermediaries and technology companies.
From 2020-2022, the SBVconsistently ranked high among ministries and agencies in the digital institutionalindex.
As of now, about 77.41% ofVietnamese adults have bank accounts, with over 35 million payment accounts andabout 14.9 million cards opened through the electronic Know Your Customer(eKYC) method currently operational.
The year 2023 saw a surge inmobile 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 yearrecorded significant year-on-year growth in non-cash payment and digital bankingactivities, with non-cash payment transactions rising by 59.6% involume and 32.73% in value. Internet banking transactions also saw impressivegrowth, increasing by 51.60% in volume and 23.88% in value. Mobile bankingtransactions followed suit, surging by 63.24% in volume and 33.43% in value. QRcode payments continued their dominance, with a phenomenal 846.41% increase involume and a staggering 1,146.14% increase in value./.
