A discussion at the Saigon Times newspaper conference on financial transformation in the digital age held in HCM City on December 5. — Photo Courtesy of the Saigon Times HCM CITY — Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyễn Hoàng Minh, a senior central bank official said. Speaking at a conference organised by Saigon Times newspaper in HCM City on December 5, deputy director of the State Bank of Việt Nam (SBV)’s city branch, said: “The country has seen a growth in population and internet and smart phone users, and banks and finance companies should take advantage to further develop digital services such as mobile and internet payments.” The SBV is strengthening the legal framework to create the best conditions for banks and finance companies to operate more efficiently, he added. Legal amendments to take effect early next year would require finance … [Read more...] about VN financial sector embraces digital era: conference
Anand rathi financial services
Consumer finance firms urged to invest in technology
Financial Markets Consumer finance firms urged to invest in technology By Dung Nguyen Thursday, Dec 5, 2019,18:32 (GMT+7) Consumer finance firms urged to invest in technologyBy Dung Nguyen Panelists are seen at the seminar “Movements of financial services in the digital era” - PHOTO: VIET DUNG HCMC – Consumer finance companies should invest more in technology to avoid lagging behind in the digital era as technology has dramatically changed consumer behavior, said experts at a seminar in HCMC. At the seminar “Movements of financial services in the digital era,” held by the Saigon Times Group today, December 5, Pham Minh Tung, head of research at market research firm Nielsen Vietnam, said that consumer behavior has changed significantly due to the development of artificial intelligence, Internet of Things, robotics and 5G. At present, consumers need convenience and personalization, and are … [Read more...] about Consumer finance firms urged to invest in technology
Pre-leasing in newly completed buildings drives increase in office absorption levels while rents show signs of peaking
Office absorption in Q1 grew to 77,101 sq ft from negative territory in last quarterAmid the weak demand from PRC firms and co-working operators, rents in Greater Central were flat but were largely stable in other submarkets, supported by continued decentralizationRetail locations on the Kowloon side are benefiting from the new transportation links and are forecast to see relatively strong rental growth this year.HONG KONG, CHINA - Media OutReach - 10 April 2019 -Office absorption rose to 77,101 sq ft in Q1 from negative territory, supported by the realization of pre-commitments in two recent completions totalling 127,483 sq ft along with some easing in trade tensions between China and the U.S. Demand was heavily driven by relocation and consolidation requirements, with the insurance sector particularly active. However, rents in Greater Central which were flat in the quarter showed signs of beginning to peak, on the back of weak demand from PRC firms. In the retail … [Read more...] about Pre-leasing in newly completed buildings drives increase in office absorption levels while rents show signs of peaking
Patients’ satisfaction getting better, still need improvements
Deputy Minister of Health Nguyen Viet Tien speaks at the conference (Photo: VNA) Thanh Hoa, (VNA) - Recent surveys amongst 1 million correspondents show inpatients’ satisfaction with hospital services in Vietnam reached 75.6 percent, while the figure for outpatients stands at 66.3 percent. The overloading situation in major hospitals has also witnessed improvements, with the rate of patients having to share their beds with others going down to 16.6 and 11.4 percent in central-level and provincial-level hospitals, respectively, a dramatic decrease compared to 2012’s 58 and 47 percent. These numbers indicate that the country’s health sector is getting better but still has plenty of room to improve their service delivery, said Luong Ngoc Khue, head of the Health Ministry’s Department of Medical Examination and Treatment at the annual conference of the club of directors of major hospitals in the northern region, which was held in the north central province … [Read more...] about Patients’ satisfaction getting better, still need improvements
New Robert Walters salary survey indicates high demand for tech talent
Adrien Bizouard, country manager of Robert Walters Vietnam sharing information on salary survey Hiring activity in Southeast Asia in 2019 has been predominantly buoyant, particularly in high-growth markets including Vietnam, according to the annual Salary Survey 2020 released today by Robert Walters, a specialist professional recruitment consultancy headquartered in the UK. Covering Vietnam and other countries in Southeast Asia and Greater China, the Salary Survey, in its twenty-first edition, offers a comprehensive review of professional salaries across the various industries and illuminates recruitment trends both globally and locally with hiring advice from experts. Robert Walters Salary Survey 2020 suggests that as the Vietnamese economy continues to grow, the need for business and investment analysts, regulation and compliance professionals is expected to be greater. Adrien Bizouard, country manager of Robert Walters Vietnam, said: “In 2020, we expect to see companies … [Read more...] about New Robert Walters salary survey indicates high demand for tech talent