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Digital Transformation in Banking: Prime Minister Calls for “5 Accelerated, Breakthrough” Strategies
"The banking sector must 'accelerate and break through' to achieve its digital transformation goals ahead of schedule. This was the clear message delivered by Prime Minister Pham Minh Chinh at the 'Banking Industry Digital Transformation Day 2025' event, organized by the State Bank of Vietnam in Hanoi on May 29th. Emphasizing the industry's pivotal role in building the nation's digital economy, the Prime Minister urged swift and decisive action for the banking sector to lead the way."
What Bank is the Largest Creditor of Deo Ca?
As of late 2024, Deo Ca's total short- and long-term financial lease and loan debt stood at nearly VND 20,362 billion, sourced from various credit partners, including prominent domestic banks.
‘Deregulation of Gold Doesn’t Mean a Free-for-All or a Return to Chaos’
"The exclusive mechanism for SJC gold bullion over a decade ago was appropriate for the conditions at the time. However, it is no longer reasonable today. We should not allow a single enterprise or organization to monopolize the gold bullion market. It is important to emphasize that ending this monopoly does not mean leaving the market unregulated or returning to the chaotic period before Decree 24," said National Assembly deputy Trinh Xuan An (from Dong Nai delegation) on May 29.
