TPBank, Backbase cooperate to accelerate digital transformation Business

TPBank, Backbase cooperate to accelerate digital transformation

Tien Phong Commercial Joint Stock Bank (TPBank) of Vietnam is working with Backbase, a digital banking software provider based in the Netherlands, to put forth the Vietnamese bank’s digital transformation process on a secure, efficient and sustainable digital platform.
Techcombank appoints new CEO Business

Techcombank appoints new CEO

TheVietnam Technological and Commercial Joint Stock Bank (Techcombank) announced the appointment of Jens Lottner as Chief Executive Officer (CEO), effective August 18, 2020.
Vietnam seeks to accelerate digital banking development Business

Vietnam seeks to accelerate digital banking development

“Vietnam needs to focus on restructuring the economy, promoting digitalisation and internationalisation following the COVID-19 pandemic because these are important to industrial development and sustainable development of the national economy and enterprises”, said an economic expert.
Vietnam prioritises developing domestic market Business

Vietnam prioritises developing domestic market

Vietnam is giving priority to developing the domestic market as the risk of COVID-19 gradually falls, Deputy Minister of Planning and Investment Tran Quoc Phuong said at a press conference after the regular Government meeting on May 5.
Hanoi, HCM City issue rules for citizens to fight COVID-19 Society

Hanoi, HCM City issue rules for citizens to fight COVID-19

Two of the country’s biggest cities, Hanoi and HCM City, on March 27 issued a number of recommendations on social distancing for its citizens to follow amid growing concerns over the COVID-19 pandemic, effective March 28 until at least April 15.
Local commercial banks cut interbank transfer fees Business

Local commercial banks cut interbank transfer fees

Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than 500,000 VND (21.5 USD) following the move of the National Payment Corporation of Vietnam (NAPAS) to cut switching fees with an aim to promote cashless payments.
Promoting e-payment to prevent nCoV spreading Business

Promoting e-payment to prevent nCoV spreading

Banknotes, which go from people to people, are a high-risk source of spreading virus. The habit of using cash among 90 percent of the population makes the banknotes, regardless of their materials as paper or polymer, a potential harmful factor to public health, which can transmit not only corona virus but many other diseases.