The meeting was attended by Dr. Nguyen Quoc Hung, Vice Chairman and Secretary General of VNBA, along with representatives from several departments of the Standing Agency. The FPT IS delegation was led by Mr. Dao Hong Giang, Executive Vice President and Director of the Financial & Banking Sector.
Dr. Nguyen Quoc Hung, VNBA Vice Chairman and Secretary General
FPT IS Showcases Comprehensive Digital Ecosystem
At the session, the FPT IS representative presented the company's extensive capabilities and deep experience in the Banking, Financial Services sector. With over 30 years in the industry, FPT IS has successfully implemented hundreds of projects for more than 100 major banks and financial organizations both domestically and internationally.
The company introduced its comprehensive solution ecosystem, which covers core banking systems (Core Banking), risk management, and cybersecurity, as well as high-tech solutions leveraging AI, Blockchain, and Robotic Process Automation (RPA) to support digital transformation efforts.
A key focus of the presentation was FPT TradeFlat, a digital finance ecosystem designed to serve areas of high interest to banks, such as trade finance, supply chain, and credit scoring for clients and businesses. FPT TradeFlat provides prominent services including Supply Chain Finance (SCF), Documentary Letter of Credit (L/C), and Electronic Guarantee (eGuarantee).
Mr. Dao Hong Giang, Executive Vice President and Director of the Financial & Banking Sector, FPT IS
VNBA Outlines Strategic Digital Initiatives
Dr. Nguyen Quoc Hung, VNBA Vice Chairman and Secretary General, acknowledged the promising technology solutions FPT IS presented. To ensure effective deployment tailored to the specific needs of VNBA's member organizations, Dr. Hung proposed that FPT IS organize dedicated, in-depth sharing sessions for members to directly engage and discuss the solutions.
Dr. Hung also shared VNBA’s current initiatives aimed at modernizing the sector:
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Trade Finance Research: VNBA is coordinating with Boston Consulting Group (BCG) to research the implementation of trade finance activities in Vietnam.
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Regulatory Harmonization: The Association has issued the Uniform Rules and Practices regarding the list and principles for providing documents in one-way money transfer transactions abroad, which aims to ensure consistent, transparent, and secure implementation by member banks.
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International Collaboration: VNBA is planning cooperation with VTeam Financial Services Group (Taiwan, China) to build a digitized supply chain program combined with factoring, creating connection opportunities for domestic and international businesses.
Meeting overview
Concluding the meeting, representatives from FPT IS thanked the VNBA leadership for the opportunity to share their technology solutions, opening up many potential cooperation directions. Both parties agreed to continue deeper exchanges to establish an effective coordination mechanism, aiming to bring advanced technology solutions closer to member organizations and contribute to the realization of the goals set out in the Digital Transformation Strategy of the Banking Sector to 2025, with an orientation to 2030.
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