BIDV Partners to Promote Digital Transformation and the Development of the Capital’s Digital Economy
On June 29, 2026, BIDV attended the “Conference to Announce the 100-Year Master Plan for Hanoi and Promote Investment in 2026”
The event took place at the National Convention Center and was hailed as a historic milestone ushering in a new era of development for Hanoi with the aspiration to reach international standards.
The conference was honored to welcome senior Party and State leaders: National Assembly Chairman Tran Thanh Man, Standing Deputy Prime Minister Pham Gia Tuc, Hanoi Party Committee Secretary Tran Duc Thang, and Hanoi People’s Committee Chairman Vu Dai Thang. The event was also attended by Party and State leaders, city leaders, heads of financial institutions, and representatives of the domestic and international investor communities.
At the conference, Mr. Le Ngoc Lam, CEO of BIDV, spoke on behalf of the participating banks, emphasizing three key priorities to support the capital city’s 100-year vision: First, to collaborate in mobilizing large-scale, long-term, and sustainable financial resources for the capital’s key infrastructure projects and strategic initiatives: BIDV and commercial banks are committed to working closely with Hanoi City to develop, arrange, and provide appropriate financial solutions tailored to each group of key projects. A strong testament to this commitment is the Memorandum of Understanding on cooperation to coordinate the issuance of local government bonds, aimed at mobilizing social capital on a scale projected to range from 150,000 to 200,000 billion VND, with all efforts focused on financing the City’s strategic projects. The banking sector is ready to serve as the central coordinator, structuring capital flows and connecting international financial channels to optimize Hanoi’s cost of capital. Second, partnering with Hanoi City on its journey to build a digital economy, a digital society, and a highly competitive digital business ecosystem: BIDV will continue to invest heavily in digital banking platforms, digital payments, and digital financial solutions. Through these efforts, BIDV supports businesses, business households, and administrative agencies and public service units in accessing convenient and transparent financial services; at the same time, it collaborates with Hanoi City to build a substantive digital transformation ecosystem, ranging from business management applications to the integration of public services and smart city platforms. Demonstrating the spirit of “signing agreements that are backed by action,” right at the City’s Digital Economy – Digital Society Conference on the morning of June 27, BIDV and Viettel Group, in collaboration with the Hanoi Department of Science and Technology, organized the rollout of this Memorandum of Understanding to city departments, sectors, and representatives from 126 communes and wards to gradually deploy digital platforms to each local area as early as July 2026. Third, guiding green capital and sustainable finance in accordance with international standards for Hanoi: As a pioneer in sustainable development and green finance, BIDV prioritizes resources for green infrastructure, clean energy, sustainable transportation, energy-efficient buildings, environmental remediation, the circular economy, and projects that meet ESG standards. In addition to providing capital, BIDV plays a pivotal role as a bridge to attract international green capital, as well as incentive programs and technical support for Hanoi’s sustainable development.
Previously, BIDV signed Memorandums of Understanding (MOUs) with the Hanoi Department of Finance and the Hanoi People’s Committee regarding cooperation in issuing local government bonds, and partnered with the City at the “Promoting the Digital Economy and Digital Society,” helping to disseminate digital transformation solutions and optimal financial solutions for households, businesses, administrative agencies, and public service units. The combination of the City’s modern master plan and BIDV’s in-depth financial solutions is expected to create strong momentum, propelling Hanoi to achieve comprehensive breakthroughs and make an increasingly significant contribution to the country’s rapid and sustainable development, as the region’s development leader and a city with an increasingly prominent position in the region.
