This is an annual conference held for more than 10 years in many Asian countries. This year, Saigon Telecommunications Technology Joint Stock Company (SAIGONTEL) accompanies Edaily South Korea Media Group and SMBL Co., Ltd. to organize this 12th Conference in Vietnam. The conference took place on March 2 and 16.
The opening ceremony was attended by representatives of the parties from South Korea and Vietnam. On the South Korean side, there was Mr. Kwak Jea Sun - Chairman of Edaily Media Group; Ms. Oh Young Ju - Ambassador of South Korea to Vietnam; Mr. Lee Myeong Sun - Deputy Director of the Credit Supervision Institute along with representatives from South Korean business and financial units.
Guests taking pictures at the conference.
On the Vietnamese side, there were Mr. Tran Duy Dong - Deputy Minister of Planning and Investment; Mr. Pham Tien Dung - Deputy Minister-Chairman of the Committee for Ethnic Minorities Affairs Governor of the State Bank of Viet Nam; Mr. Vu Quoc Huy - Director of the National Innovation Center; Ms. Nguyen Cam Phuong - General Director of SAIGONTEL and representatives of departments and branches from the province. Thai Nguyen, Long An; representatives of the Chamber of Commerce and Industry (VCCI) and representatives from Vietnamese enterprises.
Digital finance is the fastest growing sector of all. According to CB Insights, a US market research agency, there are now 1.204 “unicorn” companies worldwide. world (as of October 10), of which 2022, or 250%, are Fintech companies.
Finance becomes a platform, and non-financial services are also paying attention to digital finance as a key factor to attract users. Both the South Korean and Vietnamese governments are rapidly transforming to become global digital financial hubs.
In addition, private digital financial companies in both countries are at a high level and are not lagging behind those in North America and Europe which are traditionally developed countries of finance, and people's acceptance of new digital financial services is also very high.
Opening the conference, Edaily Chairman Kwak Jea Sun shared that South Korea and Vietnam have been expanding exchanges and cooperation in many fields such as economy, industry and culture, and 2022 also marked the 30th anniversary of the establishment of relations. diplomatic of the two countries. The two countries do not hesitate to learn and understand each other's culture and profession.
Especially, Vietnam has just emerged as the "Factory of the World" with the reorganization of the global supply chain, the average working age is 32,5 years old. Therefore, the interest in digital finance is very high and the growth rate of the financial industry is very fast.
With the theme "South Korea and Vietnam develop digital finance together, surpassing innovation", this time IBFC will share digital transformation trends and policies in the global financial industry , covering both countries. At the same time, Mr. Kwak Jea Sun hopes that through this IBFC conference, both countries will jointly recognize the development direction and growth potential in the future.
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