The Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) will use India- based Infosys’ new software Finacle Core Banking for its banking products and services and internal management.
Hanoi (VNA) - The Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) 🍬will use India- based Infosys’ new software Finacle Core Banking fo𒁏r its banking products and services and internal management.
The agreement was made at a signing ceremony held in HCM City last week.
The software has a modern architecture and technology foundation that can help banks easily develop products, services and expand branches in the future; provide the ability to handle online transactions in multiple languages and currencies; and shorten time to solve problems.
“Customer demand for modern banking technology is increasing. It requires Eximbank to choose proper technology solutions”, said Dang Phuoc Dua, Eximbank Vice Chairman.
“The software will provide wholesale and retail banking services, capital management and assistance for online transactions,” he added.-VNA
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The Asian Banker magazine has awarded the Best Managed Bank in Vietnam 2013 and the Asian Banker Leadership Achievement Award to the Vietnam Export Import Bank (Eximbank Vietnam).
The Vietnam Export-Import Bank (Eximbank) and the National Power Transmission Corporation have signed a credit financing contract valued at 1.546 trillion VND (72.6 million USD) in the central city of Da Nang on August 15.
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
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Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Illustrative image (Source: Internet)
