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Vietnam's Financial Sector Innovation at WFIS Leads to Reevaluation

May 2, 2024

Hanoi, 30th April 2024: The World Financial Innovation Series (WFIS) in Vietnam sparked discussions among over 500 financial professionals, aiming to incorporate the latest technological advancements in the financial services industry.

At the luxurious Melia Hanoi venue on 15th – 16th April 2024, the event was inaugurated by Dr. Nguyen Quoc Hung, Vice Chairman & Secretary General of Vietnam Banks Association (VNBA), and Sudhir Ranjan Jena, the Co-founder & CEO of Tradepass.

The event covered topics like Cloud Technologies, Generative AI, Fintech Leaps, and Digital Banking, bringing various sectors together to engage in meaningful conversations.

Generative AI was a hot topic at the conference, with notable keynote sessions by AWS Vietnam & Indochina and VinBigdata focusing on its role in financial services.

During an interview, Techcombank's Chief Digital Officer, Pranav Seth, highlighted the bank's digital initiatives as a significant contributor to its 22 percent year-on-year Profit Before Tax (PBT) increase.

Noteworthy attendees from Vietnam's top banks, financial institutions, and technology firms contributed to the event, with UNObank, Southeast Asia's first fintech to secure a digital banking license, participating in discussions about MSME Banking.

The event provided attendees with insights into fintech solutions from technology giants like AWS, VinBigdata, Oracle, Coreium, and iProov.

Overall, WFIS 2024 in Vietnam showcased the country's forward-looking financial sector embracing the latest technologies, equipping financial institutions to enhance service delivery and efficiency.

For more event information, visit here.

For media inquiries, please contact Shrinkhal Sharad, PR & Communication Lead at Tradepass: [email protected], + (91) 80 6166 4401.

About Tradepass: Tradepass facilitates access to global emerging markets by connecting people, products, and solutions for impactful business events. As a trusted event company, Tradepass supports organizations in entering new markets, expanding sales pipelines, securing prospects, raising capital, and finding the right solution-providers. Through facilitating deals, Tradepass focuses on exposing agile liquid growth markets for comprehensive scalability and growth.

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