Bank

The Digital Transformation in Banking 2025 event witnessed leading banks showcase their latest tech innovations. The event, which took place on May 29, highlighted practical and attention-grabbing features that are set to revolutionize the industry.

Before accounting for credit risk provisions, 10 out of the surveyed banks witnessed profit growth in Q1 2025 compared to the previous quarter (Q4 2024), whereas 17 banks experienced a decline during this period.

On May 29, 2025, the State Bank of Vietnam hosted a pivotal event in Hanoi: the 2025 Banking Digital Transformation conference, themed “Smart Digital Ecosystem in the New Era.” This event marked a strategic step forward in the industry's digital evolution, underscoring the critical role of technology in Vietnam's economic development and the emergence of a digital society.

Attending the Digital Transformation in Banking 2025 event, the Vietnam Maritime Commercial Joint Stock Bank (MSB) unveiled a host of tech-based financial solutions. These offerings are designed to provide customers with a comprehensive, seamless, and deeply personalized experience.

Introducing VIB's Super Interest Account - your ticket to financial freedom and exciting experiences. With VIB's Super Interest Account, your money doesn't just sit idle; it works hard for you. Earn a impressive interest rate of up to 4.3% annually, watch your wealth grow, and take a step closer to your dreams. Whether it's achieving billionaire status or jetting off to Las Vegas for a taste of the high life and exclusive concerts, the power is in your hands.

"On May 31st, Hanoi played host to a significant event, with Prime Minister Pham Minh Chinh leading a discussion with businesses and enterprise associations. The focus of this gathering was to effectively implement Resolution 68-NQ/TW, issued by the Politburo, which aims to boost the private economy. Governor of the State Bank of Vietnam, Nguyen Thi Hong, was in attendance, offering insights into monetary policy management and banking operations."

Once considered a foreign concept to students, and often associated with the stigma of overspending, credit cards are now seen as a tool for financial empowerment among the youth. Today's young adults are more financially literate and view credit cards as a means to develop smart spending habits, build financial discipline, and establish financial responsibility while still in their academic years.

"Speaking at the event, “Digital Transformation Day of the Banking Industry in 2025”, the Prime Minister urged banks to further reduce costs and be “a little more open-hearted” to reduce the interest rate of the VND 500,000 billion credit program for science, technology, innovation, digital transformation, and strategic infrastructure by at least 1.5% compared to medium- and long-term interest rates."

"At the 2025 Banking Digital Transformation event, themed 'Smart Digital Ecosystem in the New Era', Techcombank reaffirmed its pioneering position by offering comprehensive digital solutions for corporate customers through its digital banking application. By accelerating its digital transformation and maintaining its market leadership, the bank demonstrated its strong commitment to accompanying the nation in its journey towards a new era of prosperity."

Industrial parks and the real estate sector may experience short-term impacts due to changing tariff policies. However, the recent resolution to merge 34 provinces and cities into mega industrial powerhouses will create a significant boost to the economy. This strategic move will foster long-term economic growth and continue to attract foreign investment, creating a vibrant and prosperous future.