During the meeting, Dr. Nguyen Quoc Hung, Vice Chairman cum Secretary General of VNBA, emphasized that most Vietnamese SMEs continue to face barriers to accessing credit due to limited collateral, despite rising demand for raw material procurement, logistics, and export financing. He underlined that a supply chain finance model, combined with payment guarantees, could serve as a “key enabler” to enhance transparency, mitigate risks, and strengthen the competitiveness of Vietnamese agricultural products.
Dr. Nguyen Quoc Hung, Vice Chairman cum Secretary General of VNBA
On behalf of VTeam, Chairman Dr. Typhoon Wen highlighted that the company currently leads the supply chain finance market in Taiwan with a 95% market share and holds 65% in mainland China. VTeam has developed over 90 fintech software solutions, holds 19 global patents in supply chain risk control, and partners with leading enterprises such as JD Group, ByteDance, and Geely, as well as major state-owned corporations. Notably, the group is a strategic partner of Softbank China Capital and a two-time recipient of The Asian Banker award.
VTeam Chairman - Dr. Typhoon Wen
“We are committed to partnering with Vietnam in digitalizing agricultural supply chains — from rice, coffee, and cashew nuts to other high-potential products. Leveraging our technology and global expertise, VTeam can help significantly reduce logistics costs, certification timelines, and traceability processes, thereby enhancing the credibility and value of Vietnamese goods in international markets,” Dr. Wen affirmed.
VTeam leaders estimate that the current cash flow of agricultural exports from Vietnam to China has reached 35 billion USD/year. Experts believe that integrating digitalized systems and advanced factoring services could substantially reduce operational costs while enabling Vietnamese enterprises to expand their market presence with greater transparency and sustainability.
At the close of the session, both VNBA and VTeam agreed to design a concrete cooperation roadmap focusing on digitalizing supply chains, applying factoring solutions, and fostering stronger linkages between domestic and international enterprises. The initiative is expected to mark a significant turning point, unlocking new opportunities for Vietnamese agricultural exports while reinforcing the spirit of partnership and long-term cooperation between the two financial institutions.
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