Saigon Times, SBV cooperate to host banking forum
Saigon Times, SBV cooperate to host banking forum
The Saigon Times Group and the State Bank of Vietnam (SBV) will jointly hold a banking forum, titled “For Vietnamese banks’ further development,” in Hanoi early next month to provide insight into some of the underlying issues of the banking sector.
Specifically, the effects of the trade war between the United States and China on Vietnam’s monetary policies, the restructuring of the banking system, local banks’ preparations to improve their positions in the Asian market and the green credit trend in Vietnam and the global financial market will be put on the table for discussion.
The forum is expected to welcome leaders of SBV, its subordinates and large banks such as Vietcombank, HSBC and Sacombank; Dr. Vo Tri Thanh, vice president of the Central Institute for Economic Management; and representatives of consulting firm PwC Vietnam and HCMC Securities Corporation (HSC).
As scheduled, after discussing SBV’s monetary policies for last year and plans for the rest of this year and the effects of the trade war on Vietnam’s and other countries’ monetary markets, Dr. Thanh, SBV Deputy Governor Nguyen Thi Hong, HSBC General Director Pham Hong Hai and a HSC leader will discuss the contributions of monetary policies to macroeconomic stability over the last year.
An overview of the restructuring of the banking system in the past years, bad debt settlement, improvements made by commercial banks and the role of human resources in the banking sector will also be on the agenda for the forum.
Nguyen Thi Hoa, deputy director of SBV’s Banking Strategy Institute, will present strategies to develop the local banking sector over the next five years as well as challenges and opportunities for Vietnamese banks, while Tran Thai Binh, deputy director of information technology at Sacombank, will provide information on Vietnamese and foreign banks’ investments in technology.
The forum will also include a speech on green credit and proposals relating to policies for green credit development, delivered by Associate Professor Dr. Tran Thi Thanh Tu, dean of the Finance and Banking Faculty of National Economics University.
The forum will take place at Melia Hanoi Hotel at 44 Ly Thuong Kiet Street, Hanoi, at 8 a.m. on May 8.
Readers wishing to attend the forum can register on the websites thesaigontimes.vn or kinhtesaigon.vn or contact Luong Thanh Son, executive of the External Affairs Division at the Saigon Times Group, by phone at 0941000050 or by email at thanhson@thesaigontimes.vn, until May 6.
