The digital ecosystem was launched on 21/4, during the "BIDV Leadership Summit 2026" high-level workshop organized by BIDV. The event saw participation from representatives of the State Bank of Vietnam, the Ministry of Industry and Trade, domestic and international economic experts, and over 150 senior leaders from associations, businesses, and multinational corporations.

BIDV developed the digital ecosystem based on three strategic pillars: platformization, an open ecosystem, and data individualization. Within this framework: BIDV eKYC serves as the gateway to the digital environment; BIDV Direct functions as the financial operations center; BIDV SCF connects businesses with suppliers and distributors to optimize cash flow in the supply chain. Additionally, BIDV TradeFlat supports the digitalization of international trade activities, linking banks - customs - logistics - insurance, while BIDV Open API allows for the direct integration of banking services into customers' financial management systems.

Mr. Le Ngoc Lam, general director of BIDV, speaks at the workshop. Photo: BIDV

A bank representative stated that developing an open ecosystem increases connectivity among stakeholders during operations. It also helps businesses shorten processing times, utilize data more effectively, and improve real-time cash flow control.

Speakers participate in a discussion session at the workshop "Developing the digital economy - A new growth driver". Photo: BIDV

At the workshop, industry leaders and experts outlined a global economic landscape fraught with challenges. Energy price shocks and disruptions to strategic transport routes, such as the Hormuz Strait, are driving up global logistics costs and inflation. The rapidly shifting trade order compels businesses to confront significant pressures related to operating costs, cash flow management, and supply chain security. In this context, the challenge for 2026 is no longer to await a return to stability, but to enhance adaptability amidst uncertainty.

Mr. Nguyen Anh Son, director general of the Agency of Foreign Trade (Ministry of Industry and Trade), stated that geopolitics has become an endogenous variable, directly influencing economic structures. "Vietnamese businesses need to abandon the mindset of viewing these as temporary shocks. Instead, they should proactively restructure strategies to enhance resilience and leverage long-term opportunities through digital transformation," Mr. Son emphasized.

From an international perspective, Mr. Vu Tu Thanh, ASEAN managing director and Vietnam chief representative of the US-ASEAN Business Council, shared experiences from the digital ecosystems of corporations like JP Morgan Chase, Stripe, Amazon, and AWS. According to him, integrating finance, data, and operations on a single platform is crucial for businesses to optimize costs, accelerate decision-making, and expand markets in a volatile environment.

Based on these analyses, many speakers suggested that the shift from traditional to digital supply chains is an inevitable trend, enabling businesses to control goods and cash flow in real time. Concurrently, data and digitalization are no longer merely supporting tools, but have become the foundation for a new management mindset.

Within this context, digital financial infrastructure, with the banking system serving as the central connector for economic stakeholders, is considered a cornerstone for businesses to optimize costs and expand into global markets.

Speaking at the event, Mr. Pham Tien Dung, deputy governor of the State Bank of Vietnam, commended the initiatives promoting digital transformation in the banking sector presented at the workshop. He also acknowledged the role of the BIDV Digital Financial Ecosystem in supporting the business community to adapt to the new context.

Mr. Pham Tien Dung, deputy governor of the State Bank of Vietnam. Photo: BIDV

Mr. Le Ngoc Lam, general director of BIDV, stated that the bank's goal extends beyond providing digital banking services; it aims to develop the best digital financial platform to help Vietnamese businesses enhance their competitiveness. The bank affirmed its commitment to continue investing in core technology and expanding its Fintech and Bigtech ecosystem to complete the system. This will contribute to fostering digital economic development and supporting businesses in deeper participation in global value chains.

"If businesses are considered growth machines, then we expect BIDV's digital ecosystem to become the operating system for those machines," Mr. Lam shared.

Minh Ngoc