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HANOI, June 5 – VT Finance, a cross-border supply chain fintech platform, was officially launched in Hanoi. The ceremony was jointly hosted by Viettel Digital Services (VDS), the digital finance arm of Viettel Group – Southeast Asia’s largest telecom operator – and VTeam Group, a leading Chinese Supply Chain and Trade Finance solutions provider.
The launch of VT Finance received extensive coverage on Vietnam’s national broadcaster VTV1, underscoring its significance in advancing international trade through financial technology.
The event gathered influential figures from the government, finance, and academic sectors of both countries. Notable guests included:
· Phạm Anh Tuấn, Director General of the Payment Department, State Bank of Vietnam (SBV)
· Jiaping Han, Director, Institute of Credit at CAITEC; Chairman, Commercial Factoring Expertise Committee (CFEC), CATIS
· Hui Lin, Asia Director, FCI (Factors Chain International)
· Lin Zhang, General Manager, Bank of China Ho Chi Minh Branch; Vice President, China Chamber of Commerce in Vietnam
Their presence emphasized the platform’s strategic value in fostering bilateral cooperation in the digital economy.
Vietnam’s national broadcaster VTV1 featured a special report on VT Finance’s launch, marking a historic moment in fintech-driven international economic cooperation!
The debut of VT Finance coincides with the 75th anniversary of diplomatic relations between China and Vietnam, adding symbolic significance to a project designed to deepen cross-border connectivity in trade, technology, and finance.
Opening the ceremony, Mr. Lê Văn Đại, General Director of VDS, described VT Finance as an “innovative attempt at international economic collaboration,” and emphasized its role in empowering Vietnamese enterprises in the global supply chain.
Mr. Phạm Anh Tuấn from the State Bank of Vietnam (SBV) expressed strong support for the platform, affirming that SBV would back its development and encourage more initiatives that drive Vietnam’s economy forward.
In a video address, Mr. Jiaping Han highlighted the launch as a “key milestone in Chinese fintech’s expansion into ASEAN,” positioning VT Finance as a critical pillar for building a new model of China-Vietnam trade.
During the launch ceremony, the following distinguished leaders jointly unveiled the platform:
· Phạm Anh Tuấn (Director General of the Payment Department, SBV)
· Lê Văn Đại (General Director, VDS)
· Dr. Fongtai Wen (Chairman, VTeam)
· Võ Anh Tâm (Deputy General Director, VDS)
· Haining Liang (Director, VTeam)
At the event, Mr. Chen, General Manager of VTeam’s International Business Division, and Mr. Nguyễn Việt Dũng, Deputy Director of VDS’s TCT Digital Finance Center, presented the VT Finance platform features to attendees.
VT Finance has built a comprehensive and efficient supply chain network that links anchor enterprises, financial institutions, and suppliers. The platform is positioned to solve long-standing financing pain points by delivering stable, long-term financing support to Vietnamese enterprises, as well as to overseas enterprises expanding into ASEAN and the Vietnamese market.
Amidst the profound transformation of global industry, the release of the VT Finance platform is well-timed. During the high-level session, Mr. Lê Văn Đại, Dr. Fongtai Wen, and Mr. Hui Lin provided insight into the platform’s broader impact.
“VT Finance is a breakthrough in international fintech cooperation,” said Mr. Lê Văn Đại. “It sets a new benchmark for digital trade and financial innovation across ASEAN.”
“China and Vietnam have always advanced cooperation with forward-looking strategy,” added Dr. Wen. “Today’s launch reflects our joint commitment to building a smarter, interconnected trade ecosystem.”
Mr. Hui Lin affirmed, “VT Finance is pioneering innovative practices in global commercial factoring, setting a valuable benchmark for cross-border supply chain finance collaboration.”
A New Chapter for Global Fintech Integration
The successful launch of VT Finance marks a turning point in regional supply chain innovation, reinforcing the strategic role of fintech in global trade. VTeam Group reaffirmed its long-term commitment to working with global partners, leveraging digital finance to accelerate market integration and co-create value in a rapidly evolving world economy.
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