The SBV has also recently issued Decision No. 67/QD-NHNN on a digital transformation project aimed at deploying core utilities for the development of the banking sector, ensuring connection with Project 06. Under the project, the SBV requires financial institutions to use the national database on population, identification and electronic authentication for banking activities, thereby supporting digital transformation and enhancing the effectiveness of crime prevention.

ASEAN citizens, especially youth with digital and technological savvy, need to build and improve their skills to develop further in the future, according to an article on Indonesia’s Jakarta Globe.