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.
The central bank has instructed credit institutions to strictly control credit expansion in high-risk areas, particularly the real estate sector, throughout 2026.
The centre will serve as a controlled testing ground for new financial models and pioneer the deployment and expansion of digital asset products, digital payments, specialised trading platforms and exchanges.