The COVID-19 pandemic not only creates challenges for banks, but also pushes them to foster digital transformation to survive, experts have said.

A blood donation campaign was launched in Ho Chi Minh City on August 4 to supplement for the blood banks of nearly 150 hospitals in the city.

The World Bank (WB) in Vietnam on August 3 published a final report of Road Safety Data Assessment in Vietnam for the establishment of a National Road Safety Observatory (NRSO).

The State Bank of Vietnam (SBV) has directed credit institutions to reduce some transaction fees from August 1 this year to support customers amid the outbreak of the latest COVID-19 pandemic.

VOV.VN - Digital transformation of the banking and finance sector has made cyber security and information safety a major concern.

Banks will continue to tighten lending in risky sectors including securities, real estate, financial, and tourism business, seeing higher credit risks in the remaining months of this year, a survey carried out by the Monetary Forecasting and Statistics Department has said.

Insurance, banking and securities are among the industries with the highest hiring needs in the third quarter of the year, according to job services provider Navigos Group.

About 600 small and medium-sized enterprises (SMEs) in Vietnam will get support in applying technology solutions to improve labour productivity and their competitiveness as part of a project launched on July 22 by the World Bank (WB).

The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, its deputy director Bui Van Son has said.

VOV.VN - Vietnam welcomes the outcomes of the online talks on July 19 between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen, and the deal reached the same day between the SBV and the US Department of Treasury on exchange rate policy.