The Future of Banking

In ancient times, people used coins and paper money for transactions.

• true

• false

Banks have evolved to keep people's ________ safe and offer various financial services.

Digital-only banks are banks that exist only on the internet.

• true

• false

Vietnam's banking system includes state-owned, joint-stock, joint-venture, and ________ banks.

What are some common services provided by banks in Vietnam?

• a) Food delivery

• b) ATM withdrawals

• c) Movie tickets

What is the main responsibility of the State Bank of Vietnam (SBV)?

• a) Issuing currency and managing money

• b) Selling clothes and toys

• c) Building houses

Vietnam's e-commerce market is expected to decline in the future.

• true

• false

Digital-only banks use special apps and ________ to make banking easy and fun.

What is the purpose of financial reforms in the banking sector?

• a) To make toys and games

• b) To improve the stability and efficiency of banks

• c) To teach cooking skills

1. What could be a potential benefit of using mobile banking in Vietnam?

• 1. a) Making it harder to manage money

• 1. b) Making banking more convenient and accessible

• 1. c) Making it difficult to use digital devices