LienVietPostBank co-operates with Japanese partners

May 21st at 13:36
21-05-2018 13:36:10+07:00

LienVietPostBank co-operates with Japanese partners

Lien Viet Post Commercial Joint Stock Bank signed a co-operation agreement with two Japanese partners Mitsui Knowledge Industry Company Limited (MKI) and Doreming Company in Tokyo on May 18.

 

Under the agreement, LienVietPostBank will provide human resource management solutions and salary payment through its Vi Viet e-wallets to the two companies’ employees in Viet Nam.

The agreement was a result of eight months of negotiation after the parties demonstrated their pilot products by connecting Vi Viet with Doreming’s human resource management system.

They agreed to not only provide the human resource management solutions and salary payment but also build a product package to develop consumption and micro finance for employees in both Viet Nam and the region.

Speaking at the signing ceremony, Nguyen Dinh Thang, the bank’s chairman of management board, said he believed the cooperation that combines the experience and ability of Japan’s leading firms – MKI and Doreming — which are among the top 100 fintech in the world, and LienVietPostBank’s Vi Viet, the first product in Viet Nam to receive the Asia Pacific ICT Alliance Awards, would be able to meet business demands.

On the sidelines of the signing ceremony, Pham Tien Dung, director of the State Bank of Viet Nam’s Payment Department, and LienVietPostBank chairman Thang met Japanese partners such as Seven Bank, Ogaki Kyoritsu Bank and the Japan Credit Bureau to seek cooperation opportunities in the financial, banking and fintech sector in the future.

bizhub



NEWS SAME CATEGORY

SHB honoured as Best Bank in VN

The Sai Gon Ha Noi Commercial Joint Stock Bank (SHB) has won the Best Bank award in Viet Nam 2018 from the American magazine Global Finance.

SBV to probe credit institutions’ operation

The State Bank of Viet Nam (SBV) asked credit institutions to review their implementation of the SBV’s regulations on consumer loan management in a document issued...

Home Credit gets B3 credit rating from Moody’s, matches banks

Moody’s Investors Service has assigned a B3, or stable, credit rating to Home Credit Vietnam Finance Company Limited.

VPBank awarded for its contribution to GTFP

 "2017 Best Issuing Bank Partner for Women-Owned Businesses in East Asian Pacific”.

Medium-sized banks boosting capital to enhance financial strength

Medium-sized banks are working on massive capital increase plans to boost their financial capacity, striving to reach Basel II standards.

Banks raise fees over 55 million trash ATM cards

Many banks have decided to increase banking service fees in early May. Economists suppose that the widespread use of ATM cards is the main cause behind the...

Fitch raises Vietnam sovereign credit rating, sees fast growth

Ratings firm Fitch raised Vietnam’s sovereign credit rating on Tuesday, a move that economists said should boost the Southeast Asian economy’s already-substantial...

BSR chairman arrested in relation to OceanBank trials

Criminal proceedings have been started against Nguyen Hoai Giang, chairman of BSR, for BSR receiving extra interest payments outside the scope of their contract...

FE Credit comes under inspection for wide-scale harassment

Annoying consumers is one of the major contents reviewing of the State Bank of Vietnam’s Banking Supervision Agency when inspecting FE Credit.

MoF aims for e-finance system by 2025

The Ministry of Finance aims to have financial cloud infrastructure fully operational by 2025.

Bank stocks

Insurance stocks


MOST READ


Back To Top