LPBank signs strategic cooperation with APED: Joining hands to promote digital and green transformation for Vietnamese enterprises

Within the framework of the “Partnership Conference to Promote Digital - Green Transformation of Vietnamese Enterprises 2025”, Loc Phat Bank (LPBank) signed a Memorandum of Understanding (MOU) with the Department of Private Enterprise Development and Collective Economy (APED) under the Ministry of Finance. LPBank officially became a banking partner of the Dual Transformation Center to develop credit packages and “digital - green” financial products to support small and medium enterprises.

According to the agreement, LPBank will work with APED and international partners to build and operate the Dual Transformation Center , the first public-private partnership model in Vietnam aiming at digital transformation in parallel with green transformation. The center is organized in a “two-tier” structure: at the national level, the center located at the Ministry of Finance plays the role of coordinating policies, data and international cooperation; while at the industry and local levels, satellite centers directly deploy consulting, training, technology transfer and business support.

Ms. Vu Nam Huong - Deputy General Director of LPBank (right) and Mr. Nguyen Duc Trung - Deputy Director of the Department of Private Enterprise Development and Collective Economy , Ministry of Finance (left) - representatives of the two units signed the Memorandum of Understanding on cooperation.

In that ecosystem, LPBank takes on the role of a strategic financial partner , developing credit packages and "digital - green" financial products to support small and medium enterprises (SMEs) to access investment capital in clean technology, save energy, reduce emissions and improve operational efficiency.

Mr. Bui Anh Tuan - Director of the Department of Private Enterprise Development and Collective Economy, Ministry of Finance spoke at the Conference

Speaking at the conference, Mr. Bui Anh Tuan, Director of the Department of Private Enterprise and Collective Economy Development, affirmed: “Vietnam is a country with nearly 1 million enterprises and more than 5 million business households, of which 98% are small and medium enterprises - the core force of the economy when contributing about 50% of GDP and more than 30% of the state budget - we clearly realize that dual transformation is no longer an option but an urgent requirement for Vietnamese enterprises not only to survive but also to lead development”.

Speaking at the event, Ms. Vu Nam Huong - Deputy General Director and Director of LPBank Corporate Banking emphasized that this cooperation is a strategic step in the Bank's sustainable development journey, demonstrating its efforts to accompany the Government and Vietnamese enterprises on the path of digital - green transformation. "We wish to turn the Dual Transformation Center into a "bridge" between Vietnamese enterprises and international investors, creating a stable green capital flow and promoting sustainable finance and green economic growth," Ms. Huong shared.

Ms. Vu Nam Huong shared at the Conference

LPBank's selection as a banking partner of the Dual Transformation Center is a recognition of its continuous efforts in developing digital transformation and green credit over the years. Accordingly, LPBank always focuses on investing in digital transformation to improve customer experience and operational efficiency. The bank has cooperated with Temenos to deploy the modern T24 Corebanking system , helping to automate business processes, optimize data management and bring a comprehensive digital banking experience to customers.

The Kondor Treasury project in cooperation with Finastra also helps LPBank digitize its asset and liquidity management activities, thereby increasing operational efficiency and reducing risks. Recently, LPBank also launched a smart multi-channel call center using artificial intelligence (AI) to automatically recognize voices and serve customers 24/7, marking a step forward in transforming the customer experience.

The bank has launched the LPBank Biz platform for corporate customers, and comprehensively upgraded the LPBank application, adding many new features such as online digital service registration, investment portfolio management, flexible online savings, etc., bringing a more modern and convenient experience to customers.

Along with the digitalization strategy, LPBank also focuses on investing in developing green credit packages to support businesses. In the first 6 months of 2025, LPBank's total green credit balance reached VND 7,789 billion. Of which, VND 7,310 billion was allocated to renewable energy projects and VND 479 billion for green agriculture. These figures clearly demonstrate LPBank's orientation in turning "green finance" into a long-term development pillar, while supporting Vietnamese businesses to meet international ESG standards.

Overview of the Conference of Partners Promoting Digital Transformation - Green Vietnamese Enterprises 2025 taking place on the morning of October 20, 2025 in Hanoi

The Partnership Conference on Promoting Digital Transformation - Greening Vietnamese Enterprises 2025, organized by APED in collaboration with the German Agency for International Development Cooperation (GIZ) , gathered representatives of management agencies, investment funds, large enterprises, startups and international organizations. In the context that Vietnamese enterprises are entering a phase of accelerating "dual transformation" - both comprehensive digitalization to catch up with technology trends and greening operations to meet global sustainable development standards - the event is considered a strategic forum connecting the Government, development organizations and the business community in the journey of creating a sustainable innovation ecosystem.

With a sustainable development strategy focusing on people and community, LPBank affirms that it will continue to expand green financial initiatives, promote comprehensive digital transformation, and accompany the Government in its efforts towards a green, digital and prosperous economy./.

PV