Titled "Technology transformation towards effective banking governance and high quality services", the annual conference is jointly hosted by the State Bank of Viet Nam (SBV) and International Data Group (IDG Vietnam)
"It's a good opportunity for banks to improve their current systems, said Le Thanh Tam, CEO of IDG in Vietnam.
Speaking at the event, deputy governor of SBV, Nguyen Toan Thang said that banks with large number of clients were growing rapidly and obtaining high-quality banking services such as electronic payment methods.
By 2015, around 35 per cent of the citizens would have access to banking services while cash payments ratios would decrease by about 90 per cent.
He said one of the effective solutions to the banking governance was to fulfil the "Strategic Planning for the Banking Industry by 2015", which was carefully reviewed, to gradually upgrade banks' infrastructure, human resources and products.
"Most banks in Viet Nam have now considerably invested in IT infrastrucutre which is a favourable factor for them to apply advanced technologies to their business," said Tam.
Ramesh Siva, Service Delivery Manager of Australia's Sandstone Technology company said: "The banking industry's potential in Viet Nam is catching the eyes of many IT and technological enterprises. We are one of them who wants to promote an advanced online- payment application through mobile phones."
The two-day conference will host insightful discussions, introduce up-to-date information technology for banking and share best practices.
The conference today brought together over 600 VIPS, CIOs , and IT directors from Viet Nam's 35 commercial banks and foreign technological enterprises. — VNS