VNPT and LPBank cooperate comprehensively, promoting digital transformation and sustainable development

On September 25, Vietnam Posts and Telecommunications Group (VNPT) and Loc Phat Bank (LPBank) signed a comprehensive cooperation agreement.

Leveraging strengths and combining values ​​to enhance customer experience.

This event marks a new phase in the cooperation strategy between a leading state-owned technology corporation in the telecommunications and information technology sector, a pioneer in digital transformation, and a top-valued commercial joint-stock bank in Vietnam.

According to the agreement, VNPT and LPBank commit to prioritizing each other's services based on competitive pricing and guaranteed service quality. Specifically, LPBank will utilize telecommunications and information technology solutions from VNPT, such as: solutions to enhance customer experience; solutions to digitize internal management; information security solutions; eKYC; and telecommunications services, digital television channels, and transmission infrastructure.

Conversely, VNPT will expand its use of financial services provided by LPBank, ranging from credit, account management and centralized capital, payments, deposits to other financial and investment services.

Mr. Vu Quoc Khanh, General Director of LPBank, and Mr. Huynh Quang Liem, General Director of VNPT, signed a cooperation agreement between the two parties.

Beyond simply utilizing each other's services, the cooperation agreement also aims to develop integrated products that directly benefit customers, such as linking VNPT Money e-wallet with LPBank accounts; mobile products and digital signatures for individual customers integrated with LPBank's products…

This collaboration not only maximizes the experience for millions of individual and business customers but also adds value to the entire ecosystem of both parties, contributing to financial inclusion, encouraging cashless payments, and enhancing competitiveness in the market.

The signing of this comprehensive cooperation agreement is a continuation and further development of the cooperative relationship that has been built and nurtured over many years, affirming the role of a comprehensive partner, bound by long-term interests, and aiming for practical results for both sides.

Comprehensive cooperation, accompanying digital transformation and sustainable development.

Speaking at the signing ceremony, Mr. Ho Nam Tien, Permanent Vice Chairman of the Board of Directors of LPBank, emphasized that after nearly two decades of building and development, LPBank has affirmed its position as one of the leading and strongest financial institutions in Vietnam.

With a strong focus on digital banking development, LPBank is gradually innovating to meet the increasingly diverse needs of customers and making a positive contribution to the economy . Throughout LPBank's development journey, VNPT has always been a crucial partner.

“Over the years, the two sides have collaborated on numerous projects, from deploying stable telecommunications infrastructure and providing technology solutions for transaction systems to electronic payment services and customer care. The results achieved demonstrate effective mutual support and provide a solid foundation for LPBank and VNPT to elevate their relationship to comprehensive cooperation today,” Mr. Ho Nam Tien shared.

Mr. Huynh Quang Liem, General Director of VNPT, stated that as a leading technology group in Vietnam, VNPT has an advantage due to its extensive experience in implementing digital transformation for the government and businesses. With this experience, VNPT is confident in successfully collaborating with LPBank on the digital transformation process.

“I believe that, with the resources and mutual understanding of VNPT and LPBank, we will together create differentiated products that bring practical benefits to customers of both sides. VNPT Group is also committed to mobilizing its best team of experts to accompany LPBank in the digital transformation process,” Mr. Huynh Quang Liem emphasized.

This comprehensive cooperation between VNPT and LPBank not only demonstrates the bond between the bank and the enterprise in maximizing each other's advantages, creating a synergistic strength to build a comprehensive service ecosystem to enhance customer experience and promote national digital transformation, but also represents an action plan to concretize Resolution No. 57-NQ/TW (dated December 22, 2024) of the Politburo on breakthroughs in science and technology development, innovation, and national digital transformation by the two enterprises.

THU QUYNH

Source: https://www.sggp.org.vn/vnpt-va-lpbank-hop-tac-toan-dien-thuc-day-chuyen-doi-so-va-phat-trien-ben-vung-post814707.html