{"id":11135,"date":"2024-02-08T05:56:05","date_gmt":"2024-02-08T05:56:05","guid":{"rendered":"https:\/\/www.tradepassglobal.com\/?p=11135"},"modified":"2025-11-04T11:24:14","modified_gmt":"2025-11-04T11:24:14","slug":"digital-transformation-remains-the-top-pick-for-vietnamese-banks","status":"publish","type":"post","link":"http:\/\/www.tradepassglobal.com\/vi\/blogs\/digital-transformation-remains-the-top-pick-for-vietnamese-banks\/","title":{"rendered":"Digital Transformation remains the top pick for Vietnamese Banks"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p><strong>Hanoi, 8<sup>th<\/sup> February 2024:<\/strong> While banks in Vietnam are constantly competing to diversify their services, digital transformation continues to be the top priority for them. Last year, the State Bank of Vietnam (SBV) clearly stated that the country\u2019s banking sector had already invested over $617.6 million in digital transformation by the end of 2022.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><picture class=\"wp-picture-11136\" style=\"display: contents;\"><source type=\"image\/webp\" srcset=\"https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-jpg.webp 1000w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-300x272-jpg.webp 300w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-768x697-jpg.webp 768w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-13x12-jpg.webp 13w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><img data-dominant-color=\"958a87\" data-has-transparency=\"false\" style=\"--dominant-color: #958a87;\" fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"907\" sizes=\"(max-width: 1000px) 100vw, 1000px\" src=\"http:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam.jpg\" alt=\"\" class=\"wp-image-11136 not-transparent\" srcset=\"https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam.jpg 1000w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-300x272.jpg 300w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-768x697.jpg 768w, https:\/\/www.tradepassglobal.com\/wp-content\/uploads\/2025\/10\/WFIS-2024-Vietnam-13x12.jpg 13w\" \/><\/picture><\/figure>\n\n\n\n<p>Evolving as one of the fastest-growing digital economies in Southeast Asia, Vietnam has witnessed a 40 percent growth rate in digital payments over the last four years. SBV has further stated that as much as 96 percent of Vietnamese banks have constructed strategies for digital transformation and 92 percent have gone few notches above by developing internet and mobile application services.<\/p>\n\n\n\n<p>On the contrary, surveys conducted by the leading consulting firms have listed that over 70% of digital transformation projects fall short of their goals.<\/p>\n\n\n\n<p>Find out more interesting information on Vietnam\u2019s latest FSI trends &amp; developments by being a part of <strong>World Financial Innovation Series (WFIS) 2024 \u2013 Vietnam<\/strong> on <strong>15 \u2013 16 April 2024<\/strong> at <strong>Melia Hanoi<\/strong>.<\/p>\n\n\n\n<p>What\u2019s best? Close to 95% of confirmed delegates coming to attend WFIS have selected \u2018Digital Transformation\u2019 as their first priority for solution procurement (*WFIS internal survey data).<\/p>","protected":false},"excerpt":{"rendered":"<p>Hanoi, 8th February 2024: While banks in Vietnam are constantly competing to diversify their services, digital transformation continues to be the top priority for them. Last year, the State Bank of Vietnam (SBV) clearly stated that the country\u2019s banking sector had already invested over $617.6 million in digital transformation by the end of 2022. Evolving [&hellip;]<\/p>","protected":false},"author":1,"featured_media":11136,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[48],"tags":[],"class_list":["post-11135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/comments?post=11135"}],"version-history":[{"count":2,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11135\/revisions"}],"predecessor-version":[{"id":11649,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11135\/revisions\/11649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/media\/11136"}],"wp:attachment":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/media?parent=11135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/categories?post=11135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/tags?post=11135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}