Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.

VOV.VN - The Advisory Council for Administrative Procedure Reform of the Prime Minister and the Republic of Korea (RoK) Embassy held a dialogue on July 17 alongside the Korean business community based in Vietnam to find solutions to solve difficulties.

Despite a worldwide economy hit hard by the COVID-19 pandemic, the banking sector has still enjoyed a good first half of the year and are on course to meet targets.