BIDV Highlights
Hai P ha m
BIDV, VNPT bolster partnership strategy, inked a memorandum of understanding on comprehensive cooperation for the 2016 - 2020 in March 2016. To date, BIDV has established a deep partnership with and provided a variety of banking products and services for VNPT. The two parties are working on cooperation to implement new services based on Industry 4.0 in tandem with digital transformation.
Headquarters of BIDV in Hanoi
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Vietnam Posts and Telecommunications Group (VNPT) signed a comprehensive cooperation agreement for the 20212026 period.
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r. Le Ngoc Lam – Chief Executive Officer of BIDV and Mr. Huynh Quang Liem – Acting Chief Executive Officer of VNPT represented the two sides to sign the agreement at a ceremony held in Hanoi on 7 July 2021. Under the agreement, BIDV and VNPT affirmed to be their respective strategic partners, ensuring longterm and sustainable cooperation in line with business plans, leveraging strengths of the two sides to the extent permitted by law, maximizing potentials, bolstering position and competitiveness in the market. Earlier, BIDV and VNPT, with similar operational scale and development
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B I D V review
Commenting on the cooperation for the period 2021 - 2026, Mr. Phan Duc Tu, Chairman of the Board of Directors of BIDV, emphasized that by leveraging modern digital technology as well as potential and advantages of each party, BIDV and VNPT will make greater efforts to research and launch new breakthrough products to the market. “We are committed to promoting our respective advantages in terms of scale, technology, transaction network and human resources to successfully implement the strategic cooperation agreement in the new phase, creating values and benefits for both sides, community and society, contributing to the successful implementation of the National Digital Transformation Program”, said Mr. Tu. Mr. Pham Duc Long, VNPT chairman affirmed that VNPT and BIDV will work together to successfully implement the digital transformation. VNPT will conduct survey and advise BIDV on IT services and products on digital platforms (AI, Big Data, IoT,...).
