The Vietnam Banks Association has urged international card organisations to reduce several types of fees on Vietnamese banks in the context that the COVID-19 pandemic negatively affected their card businesses.
Cross-ownership in Vietnamese banks will be controlled with stringent new regulations.
The Vietnam Banks Association (VNBA) and the US Institute of Internal Auditors (IIA) held a workshop in Hanoi on August 23 to update local banks on the new International Professional Practices Framework (IPPF) for application in Vietnam.
The Trans-Pacific Partnership (TPP) will open up opportunities for foreign organisations to land their investment in the Vietnamese financial market in different kinds, as heard a conference held in Ho Chi Minh City on April 12.
The banking sector has experienced dramatic changes this year but has more reform is needed, delegates heard at the Vietnam Retail Banking Forum 2015 held on November 18 in Ho Chi Minh City.