VPBankS and GtelPay sign strategic cooperation agreement, creating an integrated investment - payment ecosystem

Hanoi, April 16, 2025 – VPBank Securities Joint Stock Company (VPBankS) and Digital Transformation Center - Branch of Global Telecommunications Corporation (GtelPay) officially signed a strategic cooperation agreement, opening an important step in the journey to create a modern, comprehensive and convenient digital financial ecosystem for users.

VPBankS aims to become a "one-touch" destination

With the orientation of becoming the leading digital investment platform in Vietnam, VPBankS aims to become a "one-stop" destination for all investment needs of individuals and businesses. With the advantage of the strong financial ecosystem of Vietnam Prosperity Joint Stock Commercial Bank (VPBank), VPBankS can provide a diverse product portfolio including stocks, bonds, fund certificates, assets and asset management - to optimize the transparent and convenient investment experience for all customers, from individuals to professional organizations.

Meanwhile, GtelPay – a member unit of Global Telecommunication Corporation, licensed by the State Bank to provide intermediary payment services – is strongly developing a multi-platform payment ecosystem with services such as e-wallet, payment gateway, corporate salary payment and digital financial solutions. GtelPay's goal is to build a seamless financial-payment connection, promoting comprehensive and cashless finance in Vietnam.

This cooperation agreement, therefore, creates a platform for both parties to connect, integrate and effectively exploit existing strengths. In the first phase, VPBankS and GtelPay will coordinate to integrate VPBankS' financial products on GtelPay's technology platform, expand investment access for users, and deploy flexible personal finance programs, asset products and digital investment solutions based on user behavior. Both parties also commit to working together in developing new products, taking advantage of technology and data to bring a smart, seamless financial experience.

Integrated financial services and investment ecosystem

Speaking at the signing ceremony, Mr. Vu Huu Dien - General Director, Chairman of the Board of Directors of VPBankS shared: "Cooperating with GtelPay is a strategic step in the journey to expand VPBankS' digital investment ecosystem. We believe that, with GtelPay's technological capacity and experience in implementing digital payments, the two sides will together create an integrated financial - investment service ecosystem, better serving modern users."

Mr. Ngo Quoc Dong – Deputy Director of GtelPay – said: “We are honored to accompany VPBankS – a prestigious name in the investment industry. The combination of payment technology and investment platform will create seamless experiences, helping users access smart finance more easily.”

The signing of the cooperation agreement between the two units not only marks the synergy between the two technology and financial platforms but also demonstrates a shared commitment to promoting financial inclusion and digitizing investment and payment services in Vietnam.

In the coming time, VPBankS and GtelPay said they will continue to implement extensive integration plans, develop new products, expand user files and aim to provide comprehensive, sustainable and user-friendly financial and payment solutions for digital users.

Huong Mai

Source: https://congthuong.vn/vpbanks-va-gtelpay-ky-ket-hop-tac-chien-luoc-kien-tao-he-sinh-thai-dau-tu-thanh-toan-tich-hop-384535.html