Smart Banking summit underway in Hanoi

The Smart Banking summit 2022 is taking place in Hanoi starting October 11 and highlighting the active participation of the sector in the 4th Industrial Revolution (IR).
Smart Banking summit underway in Hanoi ảnh 1At the event (Photo: VNA)

Hanoi (VNA) –  The Smart Banking summit 2022 is taking placein Hanoi starting October 11 and highlighting the active participation of thesector in the 4th Industrial Revolution (IR).

The two-day event, co-chaired by the Party CentralCommittee’s Economic Commission and State Bank of Vietnam (SBV), is an occasionfor financial and banking establishments to share domestic and international experiencesin their digital transformation processes and put forthrecommendations to the future development of the sector.

In his opening speech, head of the commission Tran Tuan Anhsaid in its Resolution 52 dated September 27, 2019 on policies for activeengagement in the 4th IR, the Politburo has identified banking asone of the industries to be prioritised in Vietnam'sparticipation in the revolution.

He considered the summit a practical move inimplementing the resolution and the 13th National Party Congress’s Resolution.

SBV Deputy Governor Nguyen Kim Anh said many digital bankingservices have become available and many banks in Vietnam now conduct over 90% of theirtransactions on digital channels.

The digital infrastructure of the sector is well investedand developed to catch up with the growth speed of the market and the demand ofcustomers, she noted.

At a high-level roundtable within the summit, speakers andexperts discussed a series of topics regarding banking digital transformation trends,mechanisms and policies for innovation promotion, and the application of newtechnologies to facilitate digital transformation.

A drill named DF Cyber Defense was held on the first day of the summit, with the participation of 200 cyberspace security experts in 60 teams.

Smart Banking summit underway in Hanoi ảnh 2At the drill (Photo: VNA)

Four conference sessions concerning fintech, digital dataand platform, digital banking services, and information security, are planned for the secondday (October 12).

Also taking place within the framework of the summit is abanking technology exhibition./.

VNA

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