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PM sets major goals for banking sector in digital transformation

Prime Minister Pham Minh Chinh has set three major digital transformation targets for the banking sector, including creating the most favourable conditions for people, businesses and agencies to access banking services. At an event on digital transformation in the banking industry held by the State Bank of Vietnam (SBV) in Hanoi on May 8, the PM said digital transformation should contribute to reducing time and compliance cost for people, businesses and agencies and the banking system itself, while helping control risks and prevent corruption. Source: Vietnam News Agency