The prolonged COVID-19 pandemic has unexpectedly created "golden" conditions for the financial industry to accelerate digital transformation and shift to cashless payments.

Experts sought practical solutions to support production businesses in digital transformation during a conference jointly held via videoconference on August 27 by the Vietnam Chamber of Commerce and Industry (VCCI) and Microsoft Vietnam.

The Ministry of Planning and Investment is developing a draft programme to support digital transformation in enterprises, cooperatives and business households for 2021-2025, to meet the practical and urgent needs of the fourth industrial revolution and tackling the pandemic.

Chairman of the National Assembly’s Committee for External Relations Vu Hai Ha has highlighted outstanding results of the 42nd General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-42) that closed on August 25 after three days of sitting via videoconference.

VOV.VN - Vietnam’s GDP is expected to expand by about 4.8% in 2021, or 2% lower than the projection made by the World Bank Group in December 2020, the WB says in its latest edition Taking Stock released on August 24.

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has received two awards at the Global Brand Award by Global Brands Magazine of the UK, affirming its position as a leading firm in business operations and digital transformation.

Vietnamese small- and medium-sized enterprises (SMEs) are facing barriers in digital transformation and have a passive response to market changes, said Hoang Minh Chien, deputy head of the Vietnam Trade Promotion Agency (Viettrade).

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

VOV.VN - The Foreign Ministers of ASEAN member states and the United States agreed to give priority to the fight against COVID-19 and post-pandemic economic recovery as part of future co-operation, during a meeting on August 4.

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