Digital transformation gets a shot in the arm

Facing reality: A coffee shop in Hanoi. Vietnam is working hard to ensure the enhancement of people’s trust in electronic transactions and further facilitate the implementation of digital applications in all sectors of the economy. — Bloomberg

HANOI: Banking is a particularly important economic sector, playing the role as “lifeline” of the economy.

The industry makes an important contribution to mobilising and allocating financial resources to promote and develop the country’s socio-economy, said Tran Tuan Anh, Politburo member, head of the Central Economic Commission, at a banking summit.