The partnership between PILA and TOTM Technologies aims to establish a trusted digital verification platform for cross-border transactions, helping promote digital trade, reduce verification costs and strengthen trust among businesses, financial institutions and regulators.
Prime Minister Le Minh Hung chairing a meeting with the banking system to review monetary policy and credit activities during the first seven months of 2026.
Under the proposal, the center will include various types of members, such as banks, securities firms, insurance companies, investment funds, asset management firms, Fintech companies, and market infrastructure organizations.
The loan is provided by a consortium of four state-owned commercial banks of Vietcombank, VietinBank, BIDV, and Agribank, with Vietcombank serving as the lead bank.