The meeting followed VNBA’s recent working visit to Victoria, Australia from September 15–18, 2025, and served as a direct continuation of the strong momentum generated during the delegation’s engagements in Melbourne. Both sides reaffirmed their shared commitment to strengthening cooperation not only at the governmental level but also among associations, businesses, and the wider financial community.
Dr. Nguyen Quoc Hung, Vice Chairman and Secretary General of VNBA
Building on the Outcomes of the Australia Mission
At the meeting, Dr. Nguyen Quoc Hung emphasized that the recent mission to Melbourne had left a profound impression, particularly through in-depth discussions with Austrade, Global Victoria, major banks such as National Australia Bank (NAB), leading technology companies including SymphonyAI, and educational institutions like Swinburne University of Technology.
He noted that Australia’s experience in credit scoring models, AI applications in risk management, cybersecurity, fintech development, and green finance offers valuable lessons for Vietnam’s ongoing digital banking transformation.
Mr. Trent Davies, Senior Director for Trade and Investment in Southeast Asia, Government of Victoria (Australia)
Expanding Areas of Cooperation
Mr. Trent Davies commended VNBA’s efforts in fostering meaningful connections during the visit and affirmed that Victoria is ready to serve as a bridge for deeper collaboration between Vietnamese and Australian financial institutions. Beyond banking and fintech, he highlighted the potential for expanding cooperation in cross-border payments, supporting Vietnamese businesses in expanding to Australia, and leveraging Victoria’s expertise in green bonds and sustainable finance solutions.
Towards Concrete Programs
Looking ahead, VNBA will work closely with Australian partners to advance the Memorandum of Understanding (MoU) signed with Austrade in mid-2025, with a strong focus on fintech, innovation, and digital transformation. In addition, VNBA plans to organize online seminars and roundtables involving banks and enterprises from both countries to create further opportunities for knowledge sharing and collaboration.
VNBA also reiterated its readiness to support Victorian companies in exploring and expanding operations in Vietnam, thereby creating a two-way partnership that enhances connectivity and promotes sustainable development in the financial and fintech sectors.
Strengthening a Sustainable Partnership
The meeting between Dr. Nguyen Quoc Hung and Mr. Trent Davies once again underscored the importance of multi-layered cooperation – from government to associations and businesses – in building a modern and resilient financial ecosystem.
With the solid foundation laid during the recent mission and the shared vision of both parties, the partnership between VNBA and the Government of Victoria is set to deepen further, contributing to the sustainable growth of Vietnam’s banking and financial sector in the era of international integration.
Dr. Nguyen Quoc Hung presented a souvenir to Mr. Trent Davies
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