This important forum witnessed the signing of multiple cooperation agreements between the two countries, including a strategic cooperation agreement between the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and HanaBank.
Under the agreement, BIDV and HanaBank will implement key joint projects, notably the Vietnam–Korea cross-border QR payment connection, enabling HanaBank customers in South Korea to withdraw cash using QR codes at BIDV’s ATM network in Vietnam.
The agreement also covers a 24/7 remittance transfer service from South Korea to Vietnam via HanaEZ, offering customers fast, cost-competitive, and fully secure money transfer solutions.
General Secretary To Lam, Prime Minister Kim Min Seok and senior leaders of the two countries took souvenir photos with businesses at the forum.
The partnership between BIDV and HanaBank has been further strengthened through this new strategic cooperation agreement, building on the success of previous joint projects. The aim is not only to enhance financial cooperation between Vietnam and South Korea but also to expand banking service channels, foster digital transformation, and promote international integration.
New financial initiatives will be explored and implemented to lay the foundation for deeper cooperation in areas such as fintech, securities, and insurance—sectors with significant growth potential in an increasingly digitalized and globalized world.
Since HanaBank became a strategic shareholder of BIDV in November 2019, the relationship between the two banks has grown and deepened. This cooperation project marks an important milestone in their strategic partnership. Both parties are committed to continuing to deliver tangible value to customers, the business community, and the economies of both nations.
This partnership not only creates significant opportunities for future collaboration but also contributes to the shared development of Vietnam and South Korea in the digital and global integration era.
VNBA News