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Vietnam Digital Landscape Pre & Post Covid


“Digital transformation is a global matter and serves all people so that it requires a global approach as well as a people-oriented approach.”  Vietnam Prime Minister Pham Minh Chinh delivered remarks at the national forum “Digital transformation – driving force for economic recovery and development”.


Vietnam’s ambitious plan to take by the horn and ride the global trend of digital transformation is seen amongst several leaders’ pronouncements, pushing public awareness among the population and set their actions on the ground.

Vietnam Digital Landscape1

In the wake of the global pandemic Covid-19, that puts the entire business world on halt and down to its knees. The continuous change in the consumer attitude on social distancing and online shopping have pushed the banking sector in Vietnam towards digital transformation.

The post-Covid new normal has presented Vietnamese banks with challenges. To survive, they have to catch up with the digital trends; however, new opportunities are open to them and investors in this sector when digital banking seems promising to grow.

According to the State Bank of Vietnam about “95 percent of lenders in Vietnam have been pushing a digital transformation strategy” Deputy Governor of the State Bank of Vietnam (SBV) Pham Tien Dung

The Banking Infrastructure

The Banking Infrastructure  

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