Legal framework needed for e-banking

by VTV402 November 2018 Last updated at 17:41 PM

VTV.vn - 94% of banks in Vietnam are now developing their digitization process.

This helps increase banks' profits independent of the traditional credit activities and improve the convenience of their management system. According to experts in the recent seminar on banks' digitization process, a legal framework is necessary for e-banking to be more effective.

With banks' awareness of the necessity and benefits of the digital system, a comprehensive legal framework will ensure the efficiency of e-banking both to the banks and their customers.

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