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Market Report: Opportunities & Challenges of Digital Transformation in Financial Industries

Ho Chi Minh City, August 3th, 2022 – Navigos Group, Vietnam’s leading recruitment service provider, which has owned the online job-searching website VietnamWorks, the middle and senior personnel recruitment company Navigos Search, published the report “Opportunities and Challenges of employers and candidates in Banking in Digital Transformation”. 1. The context of the Banking industry by digital transformation requirement The COVID-19 pandemic’s effect on Banking is not significant The pandemic also forces banks to increase provisioning and burden decreasing interest rates from the State Bank. As a result, some banks also offer reductions in salaries and bonuses to staff at the