Digitization transformation

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

This joint-venture between Vietnam’s Viettel Group and Lao Asia Telecom was chosen by the Lao Ministry of Science and Technology as an adviser in the building of e-government and smart health system. Attentively, agreements signed by Unitel and the Lao Ministry of Science and Technology are in the framework of the Lao national digital transformation strategy. … [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

Nguyễn Tuấn Phú, founder cum CEO of CNV Loyalty said: “With only the cost of VNĐ50 - 150 million, significantly lower than building a customer care system in a traditional way, Loyalty designs a customised application for the business with its own brand to interact directly with customers. The advantage of this technology is that it can reach customers at a lower cost than email and text messages. In particular, the rate of accessing customers accurately up to 95 per cent.” … [Read more...] about Start-up CVN Loyalty receives VNĐ11 billion investment

With more than 20,000 domestic and foreign partners and being accepted in more than 100,000 points of sale across the country, the e-wallet firm aims to become a regional super app, a closed ecosystem with lots of apps that offer seamless and integrated payment-relating activities, to promote the retail industry and digital transformation of the local economy … [Read more...] about MoMo e-wallet aims to be a regional ‘super app’