Major payment company visa and Vietnamese technology company FPT Corporation have signed a memorandum of understanding (MOU) to drive digital transformation within the government sector.
The partnership focuses on modernizing and improving the accessibility of government services, especially for small and medium-sized enterprises (SMEs).
Under the agreement, Visa and FPT will work together to strengthen the national electronic marketplace for procurement, promote the participation of small and medium-sized enterprises, and improve payment systems.
The partnership will also explore innovative ways to digitize municipal services, including efforts to expand access to finance and equip small and medium-sized enterprises with business credit cards for more effective cash flow management. .
This cooperation aims to foster continued cooperation and innovation in the public sector.
The companies also plan to leverage their resources to support the implementation of these initiatives and drive business expansion in Vietnam.
The partnership will focus on government services and small and medium-sized businesses, while also exploring opportunities in areas such as healthcare, education and social care.
“This strengthened collaboration underscores our common commitment to accelerate Vietnam’s digital transformation in the public sector and foster greater financial inclusion.
By leveraging our combined expertise and technology, we aim to create a more efficient, transparent and inclusive digital ecosystem for government services and businesses across Vietnam. ”
said Dung Dang, Visa Country Manager for Vietnam and Laos.
“The cooperation with Visa is an important milestone, combining the expertise and experience of both parties to develop technology to drive digital transformation and cashless payments in Vietnam’s public sector, healthcare, education, social welfare, etc. We will be able to continue to make progress.”
Vu Anh Tu, Chief Technology Officer of FPT Corporation, said:
