Digitization digitalization digital 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

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

With the market heavily influenced by COVID-19, Vietnamese start-ups still developing and receiving investment from domestic investors without being dependent on venture capital abroad is a great encouragement to Việt Nam's start-up community. — VNS … [Read more...] about Start-up CVN Loyalty receives VNĐ11 billion investment

To enter the EU market, the local businesses must have certification of origin and meet food safety requirements, Hoe said. In addition, they need to pay attention to the agreement’s commitments on increasing the environmental requirements related to fishing to avoid difficulties in seafood export, reported the Nguoi lao dong (Labourers) newspaper. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 9