Digital transformation review

Singapore (VNA) – Tien Phong Commercial Joint Stock Bank (TPBank) of Vietnam is working with Backbase, a digital banking software provider based in the Netherlands, to put forth the Vietnamese bank’s digital transformation process on a secure, efficient and sustainable digital platform. The digital transformation has enhanced TPBank’s value proposition in delivering high quality and digital-first products and services to its customers and partners. With Backbase’s solutions, it takes TPBank only nine months to successfully revamp its mobile and internet banking system, which was in development from the past decade. The introduction of comprehensive digital banking back-end services from Backbase has helped the Vietnamese bank shorten the time to develop new products and accelerate time to market, as the bank has to spend only 10 months to migrate nearly 3 million customers to the new platform. Riddhi Dutta, Regional Head for ASEAN and India of Backbase, told … [Read more...] about TPBank, Backbase cooperate to accelerate digital transformation

Additionally, it has handed over the civil status management program to the Lao Ministry of Home Affairs. Under this program, all Lao citizens-related data is stored in a software system, which helps improve the capacity of managing citizens-related data and reduces administrative procedures. This is the first time this Southeast Asian country has applied an e-civil status management system. … [Read more...] about Unitel assists Lao government in digital transformation

Unitel was the first unit licensed by the Central Bank of Laos to officially deploy Mobile Money and is also the only company developing this service in the country, offering a new secure and quick payment method for more than six million people. This field is expected to generate 30-50 per cent of Unitel's telecoms revenue in the future. … [Read more...] about Unitel recognised for contribution to Laos’ digital transformation

Jakarta (VNA) - Ambassador Tran Duc Binh, Permanent Representative of Vietnam to ASEAN and Chair of the ASEAN Connectivity Coordinating Committee (ACCC), chaired the third Monitoring, Review and Evaluation (MRE) Meeting for the Master Plan on ASEAN Connectivity (MPAC) 2025, which was held virtually on September 8. The meeting saw the participation of representatives from 15 specialised agencies assigned to lead the implementation of MPAC 2025 initiatives such as the ASEAN Senior Transport Officials Meeting (STOM), the ASEAN Senior Economic Officials’ Meeting (SEOM), the ASEAN Senior Officials Meeting on Education (SOM-ED), the ASEAN Senior Labour Officials Meeting (SLOM), and the Lead Implementing Body for Sustainable Infrastructure (LIB-SI), as well as members of ACCC. It reviewed and assessed the implementation of all 15 initiatives within the five strategic areas of MPAC 2025: sustainable infrastructure, digital innovation, inter-logistics, optimisation of planning, and … [Read more...] about Vietnam chairs review of Master Plan on ASEAN Connectivity 2025

Nguyễn Hữu Tuất, CEO of NextPay said: “We are living in a digital economy whose main form is the app economy. One day, if a business's brand name doesn't appear on a customer's phone, that brand is no longer available. CNV Loyalty is a solution to help brands always present directly, interact directly, understand their customers directly at a zero cost. NextPay wishes to launch the CNV Loyalty application to hundreds of thousands of Vietnamese businesses through the network ecosystem of businesses using NextPay's payment and administration platform, using sales teams across of NextPay to accelerate development.” … [Read more...] about Start-up CVN Loyalty receives VNĐ11 billion investment