MB creates a financial bridge between Vietnam and Laos using international payment technology

The Military Commercial Joint Stock Bank (MB) brings a series of breakthrough digital financial solutions, affirming its role as a development bridge between the two countries at the Vietnam - Laos Fair 2025.

The fair is an important event to strengthen trade cooperation between Vietnam and Laos, witnessed by the leaders of the Vietnamese Ministry of National Defense , the Board of Directors of MB, the State Bank of Laos and representatives of hundreds of businesses from both countries. With the theme "Connection - Cooperation - Development", the program aims to promote digital transformation in the banking and finance sector.

MB brings a space to experience modern technology, attracting thousands of visitors. The booth is honored to receive high appreciation from the leaders of the Vietnamese Ministry of National Defense and representatives of the State Bank of Laos for the quality of digital services, and at the same time hopes that MB will continue to have initiatives to help make the financial lives of people and businesses of the two countries more convenient.

Leaders of the Vietnamese Ministry of National Defense and representatives of the State Bank of Laos visited and highly appreciated the quality of digital services.

MB pioneers the trend of multinational finance, conquering the Southeast Asian market

In the context of increasingly deep economic integration, the Vietnamese and Lao communities living and working in both countries are facing many limitations in accessing international financial services such as high transaction costs and long processing times when transferring money internationally.

Mr. Phan Quoc Giang - a businessman investing in Laos shared: "For the Vietnamese business community investing and expanding operations in Laos, the investment capital has reached 322 million USD in the first 8 months of 2025, 6 times higher than the same period. However, barriers in policy mechanisms, shortage of human resources and limited financial connection infrastructure are big challenges. It is necessary for pioneering banks to offer appropriate financial solutions" .

Understanding these difficulties, MB has deployed a comprehensive solution ecosystem such as eKYC to open 100% online accounts without having to go to a branch, QR payment across the Vietnam - Laos border in local currency (VND/LAK) with direct conversion to save costs, fast money transfer via the Lapnet system, online savings, online loan registration, utility bill payment, mobile top-up, e-wallet services and a financial service ecosystem - utilities for individual customers 24/7, along with financial sponsorship services for businesses expanding operations in Laos.

MB provides convenient financial services to the Vietnamese and Lao communities living, working and studying in both countries.

Breakthrough Technology - Creating the Future of Digital Finance

Inheriting and developing from MB in Vietnam, MB in Laos has continuously deployed comprehensive digital solutions, suitable for local needs, bringing convenient experiences to all customers.

Among them, the MB Laos App stands out with dozens of pioneering features, developed on a smart technology platform, compatible with iOS and Android, operating optimally on all devices with internet connection. With high technology content and friendly design, the application aims to bring the best experience, attracting a large number of customers to experience at the booth.

The experience area recorded thousands of visitors and direct consultations, creating great interest from the business community and individuals in the first two days of the event.

The features that customers are most interested in include: eKYC to open an online account licensed by the State Bank of Laos - completed in just 3 minutes, internal and interbank money transfer via Lapnet in Laos 24/7, payment of utility bills, deposit and withdrawal of e-wallets, payment and money transfer via Lao QR, payment with more than 5,000 stores/business households/MB Laos partners, cross-border QR payment Vietnam - Laos, Laos - Cambodia, Laos - Thailand, Laos - China - unlimited payment connection...

In particular, customers are most interested and excited about the 24/7 online savings service with attractive interest rates, flexible terms from 1 day to 36 months, allowing early withdrawal of capital and still enjoying interest according to the actual number of days deposited.

The reception from the business community is a testament to MB's position and role in the journey of financial digitalization in Laos in particular and Southeast Asia in general.

With a modern and comprehensive service ecosystem, MB solves practical difficulties, providing convenient and safe financial experiences for the Vietnamese and Lao communities living, working and studying in both countries, contributing to promoting sustainable bilateral economic cooperation, while affirming the effectiveness of the Big 5 bank's international expansion strategy.

Customers can download the MB Laos App on the App Store and Google Play or visit the MB Laos Branch for direct consultation. At the same time, customers can learn more about MB Laos services at: mbbank .com.la

Source: https://baolangson.vn/mb-kien-tao-cau-noi-tai-chinh-viet-lao-bang-cong-nghe-thanh-toan-quoc-te-5067369.html