Banks catch up with new technologies, services

As many as 500 local bank executives and IT senior experts gathered in Hanoi on May 15 at a seminar to get updated with the latest technologies that can enable them to compete strongly in the current fierce, fluctuating business environment.
As many as 500 local bank executives and IT senior experts gatheredin Hanoi on May 15 at a seminar to get updated with the latesttechnologies that can enable them to compete strongly in the currentfierce, fluctuating business environment.

Experts said the year2013 will see the negative impacts of the global economic crisis gettingto the bottom and a period of recovery and robust growth will start.

Asa result, the settlement of non-performing debts, risk governance andbanking management, and banking restructuring process will be challengesto the banking sector this year.

Meanwhile, newtendencies of technology such as cloud and mobile computing arepromising to add more novel values to banking services, they added.

The employment of such technology into the banking system in generaland in a specific bank in particular is urgently needed, expertsstressed.

Though introducing technology applications to enhancethe sector’s capacity of governance and management, the Vietnam BankingSeminar 2013 aims to push up the banking sector’s ongoing restructuring.

The two-day event, jointly held by theInternational Data Group and the Informatics Technology Department underthe State Bank of Vietnam , will also focus on the formation ofstrategies on banking and risk management, development of mobile banksand other modern service channels.

On thisoccasion, the Banking Vietnam Exhibition 2013 was also held, displayingadvanced banking technologies, services and solutions for retailbanking.-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.