On 3 September 2019 in Hanoi, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Surecomp DOS GmbH signed a contract and kicked off a project on procurement and implementation of trade finance software at BIDV.

This is one of key projects in the bank’s digital transformation roadmap and will be deployed in 15 months.

The new trade finance system will help BIDV improve operational efficiency and competitiveness through quick response to changes in customers' needs for trade finance services via the Trade portal, thereby helping customers better manage their import and export activities. The new system will also speed up the development and allow changes to the existing trade finance products to make tailored ones. In addition, it will help BIDV save operating costs and improve productivity.

BIDV

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