Jointly developed by BIDV in collaboration with InfoPlus - a large Korean B2B Fintech, this solution aims to provide real-time cash flow management for Korean businesses in Vietnam.

The solution was introduced at a Seminar “Real-time cash flow management solutions for Korean businesses in Vietnam” on 14 July 2023 in Hanoi.

Attending the Seminar were Mr. Pham Anh Tuan - Director General of the SBV Payment Department, Mr. Jang Ki Sung - Representative of the Embassy of the Republic of Korean in Vietnam, Mr. Hong Sun - Chairman of the Korean Chamber of Commerce and Industry in Vietnam (Kocham), Mr. Tran Long – Senior Executive Vice President of BIDV, Mr. Kim Min Ho and Mr. Kim Jong Woo - CEOs of InfoPlus, together with representatives of more than 80 Korean businesses in Vietnam.

"On 23 May 2023, BIDV and InfoPlus officially signed a “Memorandum of Understanding on cooperation for development of BIDV banking services on InfoCMS digital platform”, marking the cooperation between the two to launch the CMS for businesses that are fully integrated with banking services. At the signing ceremony, Mr. Song HyunDo - Director of the Korean Financial Services Commission emphasized: “Amidst the cashless society orientation of the State Bank of Vietnam, the successful business model between BIDV - the largest state-owned commercial joint stock bank in Vietnam and InfoPlus - a B2B Fintech in the Vietnamese market will become a role model for similar cooperation between the two countries in the future.”