In an uncertain global economy facing geopolitical tensions, shifting supply chains bring about unease as the gains and losses are not tallied before policies take effect.
Pursuing a balanced and stable growth of more than 6.5% gross domestic product (GDP) – 7.1% in 2018 and 7.02% in 2019 – is very much on the cards with the European Union-Vietnam Free Trade Agreement due to eliminate over 99% of customs duties boosting a percentage point to the GDP.
Related: 2019 GDP Growth of Vietnam at more than 7 percent
Around the developing world, it is the aim of regulators to bring central banking closer to the people; for financial services to serve the common folk. In order for banking practices and policies to drive positive benefits, financial services has to be a pertinent part of everyday life and should not be exclusive and elusive.
From ride-hailing applications and e-commerce to infrastructure for financial integration, consumers, retailers and financial services providers work with data seamlessly, deriving insights for on-demand service delivery in wealth management and payments in Vietnam.
The Asian Banker and Vietnam Banks Association (VNBA – a voluntary professional organization of credit institutions in Vietnam) co-host “Finance Vietnam 2020” on April 09th in Vietnam’s Capital of Hanoi, where the key issues to be covered, such as: Digital strategy, speed and inclusiveness driving a stronger customer experience; Blockchain , artificial intelligence , and open banking making waves in the financial sector; Infrastructure development for financial integration and supply chain shifts; Incorporating digital payments in our business: from e-wallets to wearables, etc…
Finance Vietnam 2020 is the leading annual conference for fostering sustainable innovation not only among financial institutions like banks and insurance companies, but also disruptors and related players. The conversations during the event will help update leaders and decision makers with the latest ideas from key influencers on the transformational issues shaping the financial services industry.
More information can be found here!