To keep up with the ever-evolving technology, banks have to be well-positioned to engage with the new wave of digitally empowered customers. Nguyen Kim Anh, Deputy Governor cum chairman of the Fintech Steering
The Asian Development Bank has just signed a $37.8 million loan deal with TTC Energy Development Investment JSC to provide long-term financing to develop and operate a 50MW photovoltaic solar power plant in Tay Ninh province in Vietnam
Prime Minister Nguyen Xuan Phuc has approved a national financial inclusion strategy until 2025 with a vision to 2030, targeting at least 80 per cent of adults in the country to have bank accounts by 2025.
The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.