All You Need to Know About Finance Vietnam 2022

Despite predictions that Vietnam\'s GDP will increase in 2021, the General Statistics Office reports that the country\'s GDP only increased by a meagre 1.42 percent during the first nine months of this year. The National Assembly of Vietnam is aiming for a GDP growth of between 6% and 6.5% in 2022 due to the devastating effects of the COVID-19 pandemic. In a setting that is becoming more complicated, Vietnamese financial institutions (FIs) have been integrating digital technology swiftly. These subjects were covered by Finance Vietnam 2022. 

Both the expansion of the digital economy and the growing start-up ecosystem have benefited from the favourable economic climate. Banks that only operate online use cutting-edge digital channels to offer highly customised services to a large number of customers. By concentrating on meeting client needs and untangling outmoded value chains to create new business models, platform enterprises are giving their customers more value.

FIs now have a much stronger foundation for digitalization as a result. The results of these projects include enhanced front-end digital delivery and optimised procedures. To remain competitive, this has led to innovations in technology, infrastructure, backend operations, and core business models.

In order to advance and thrive in a competitive market, incumbents are also utilising technology like artificial intelligence (AI), application programming interfaces (APIs), and robotic process automation (RPA). Additionally, introducing new apps or moving mission-critical ones to the cloud leveraging its capabilities encourages innovation-driven growth and operational resiliency.

• Moving to the cloud to support digital-first operational models is one of the main focus areas.
• Mapping the application of emerging technologies for raising awareness
• Investigating the most effective methods for preventing interruption in e-payments and digital commerce
• The requirement for developing an ecosystem platform that prioritises client satisfaction and loyalty

The Finance Vietnam 2022 event - who attended?

• The attendance profile will include senior executives from banks, startups, and unicorn players from more than 20 countries.
• CEOs, business leaders, and senior executives in retail banking, wealth management, credit cards, and consumer credit must stay current on new techniques and developments in the banking industry.
• Advanced operational, technological, operational, and operational methods Managers who need to understand how the retail banking, insurance, asset management, and private equity industries operate financially
• Senior managers for controls, company expansion, and risk management
• Heads of marketing, distribution, and branch management need to improve their skill sets in light of the altering nature of the global economy.

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