Latest article
Proactive Strategies to Prevent Bank Security Vulnerabilities
The State Bank of Vietnam is currently seeking public input on the draft Circular amending and supplementing certain provisions of Circular 50/2024 regarding safety and security in the provision of online banking services. This latest draft is notable for its innovative features and stricter technical requirements for banking applications, aiming to enhance protection for both individual and corporate customers.
Proposed New Regulations to Tighten Control Over Banking Apps
The State Bank of Vietnam is currently seeking public input on a draft Circular amending and supplementing certain provisions of Circular 50/2024/TT-NHNN, which governs safety and security standards for online services in the banking sector. This latest draft focuses on expanding the scope of regulation, incorporating international technical requirements, and enhancing protections for both individual and corporate customers in electronic transactions.
Stock Market Upgrade Positively Impacts Banking Operations
From a capital mobilization perspective, Vietnam's stock market upgrade and its alignment with international standards and practices will significantly boost financial market development. This progression will, in turn, positively impact banking operations.
