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Update news vietnam's finance-banking industry
A growing number of financial companies of the Republic of Korea (RoK) are showing signs of extended profit in Vietnam after years of a downturn brought on by the COVID-19 pandemic, market watchers have said.
Many major finance companies have reported falling profits, big losses and negative stockholder equity amid economic difficulties and low purchasing power.
NTQ Solution and Tata Consultancy Services (TCS) have inked a partnership agreement to provide TCS BaNCS solutions to the Banking, Financial Services, and Insurance (BFSI) industry in Vietnam.