Within the framework of the Industry 4.0 Summit 2019 held in Hanoi on October 2-3, 2019, on the afternoon of October 2, 2019, a Conference Session themed Smart Banking: “Accelerating digital transformation in banking”. The Session was under the co-chairmanship of Mr. Nguyen Hong Son, Deputy Chairman of the Central Economic Commission (CEC) and Deputy Governor Nguyen Kim Anh of the State Bank of Vietnam (SBV).
In recent years, Vietnam’s capital market has had considerable development steps, but its scale is still small compared to that of other markets in the region. There is still imbalance between the channel of supplying capital through the money market (mainly implemented through the banking system) and the channel of supplying capital through the capital market. In that context, the banking sector has always strived to provide capital for the economy.
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