HANOI: Vietnam’s Tien Phong Commercial Joint Stock Bank (TPBank) expects its pre-tax profit to rise 15% next year as the nation’s pioneer in adopting automation technology benefits from cost savings, according to chief executive officer Nguyen Hung.
“We see a 15% rise in pre-tax profit next year is quite doable as we aim to increase using robotic process automation and machine learning in our system so we can save costs and relocate our employees to more productive jobs,” Hung said in an interview.
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