Risk management in digital banking development: International lessons and recommendations for Vietnam

This study examines risk management challenges in the development of digital banking. By analyzing the current landscape of digital risks in the global banking sector and identifying specific risks emerging in Vietnam, the study highlights key vulnerabilities associated with the rapid expansion of digital banking. Drawing from international best practices, the article provides insights into effective risk mitigation strategies. Additionally, it proposes tailored solutions for Vietnam’s banking industry to enhance risk management and ensure the secure and sustainable growth of digital banking.