BIDV and GTEL Sign a Comprehensive Cooperation Agreement
On July 21, 2026, BIDV and Global Technology and Telecommunications Corporation (GTEL) signed a Comprehensive Cooperation Agreement for the 2026–2030 period
The event marks a new milestone in the strategic partnership between the two organizations, aimed at leveraging each party’s strengths to create new value in the fields of finance, technology, and digital transformation.
Attending the ceremony on behalf of GTEL were Colonel Luong Duc Minh—Party Committee Secretary and Chairman of GTEL—along with other leaders of the Corporation and heads of its member units. Representing BIDV were Mr. Le Ngoc Lam, Chairman of the BIDV Board of Directors; Mr. Hoang Viet Hung, CEO of BIDV; along with members of the Executive Board, directors of departments, the Head Office Center, and BIDV branches.
Colonel Luong Duc Minh, Chairman of GTEL, and Mr. Hoang Viet Hung, CEO of BIDV, signed a comprehensive cooperation agreement.
Under the cooperation agreement, as one of Vietnam’s leading financial institutions, BIDV will partner with GTEL to arrange capital, provide financial, banking, investment, and insurance solutions, as well as modern financial services to support key programs and projects; while also implementing preferential policies for GTEL’s staff and employees, as well as the corporate ecosystem of the Corporation.
For its part, GTEL, with its capabilities in researching, developing, and implementing technological solutions, information security, and cybersecurity, will partner with BIDV in the process of digital transformation, the development of digital infrastructure, and modern technology platforms. The two parties will collaborate on researching, building, and applying platforms and solutions related to data centers, information security, cybersecurity, artificial intelligence (AI), digital data, electronic authentication, data sharing, online asset auctions, and many other technology platforms to enhance management capabilities, ensure system security, develop modern digital financial services, and deliver a better customer experience.
The partnership between BIDV and GTEL is not only a collaboration between a leading financial institution and a technology company under the Ministry of Public Security but also a synergy between financial resources and technological capabilities, contributing to promoting innovation, developing digital infrastructure, enhance cybersecurity capabilities for the financial and banking sectors, and make a positive contribution to the development of the digital economy and the nation’s digital transformation.
Speaking at the ceremony, Mr. Le Ngoc Lam, Chairman of the Board of Directors of BIDV, affirmed: “This comprehensive partnership not only effectively harnesses the potential and strengths of these two major enterprises to diversify and enhance operational efficiency, but also reaffirms both organizations’ commitment to jointly advancing the digital economy and and digital society, helping to ensure the safety and security of the national financial system and supporting the country’s sustainable development goals.”
Speaking at the ceremony, Colonel Luong Duc Minh—Party Committee Secretary and Chairman of GTEL—emphasized: “The comprehensive cooperation agreement between GTEL and BIDV bridges technological capabilities with financial strength, and innovation with investment resources, to create new value for the digital economy. The cooperation between the two organizations also contributes to the implementation of the Party and State’s policies on the development of science, technology, innovation, national digital transformation, and the building of a modern, self-reliant cybersecurity industry.”
The comprehensive cooperation agreement serves as the foundation for BIDV and GTEL to gradually translate the terms of their cooperation into key programs, projects, and solutions. In the coming period, the two parties will strengthen coordination and effectively leverage each organization’s strengths to develop high-value-added products and services, thereby helping to improve customer service quality, promote innovation, digital transformation, and sustainable development.
About BIDV
BIDV is a leading financial institution with the largest total assets in Vietnam, amounting to 3.39 million billion VND, serving 26 million individual customers and 500,000 corporate customers. As a pioneer partnering with the government in the national digital transformation effort, BIDV aims to become the leading financial institution in Southeast Asia with the best digital platform in Vietnam. Currently, BIDV is proud to be the leading bank in providing public financial services to the General Department of Customs, the General Department of Taxation, the State Treasury, the National Data Center, and others.
About GTEL
GTEL is an enterprise under the Ministry of Public Security, positioned to become the core of the National Security Industry Complex. It plays a pivotal role in researching, developing, manufacturing, and deploying technological products and solutions to support national security, ensure public order, social safety, and socio-economic development. It focuses on building a technology and security industry ecosystem based on a closed-loop value chain—from research, development, and production to deployment and commercialization of products—and is gradually mastering strategic technologies such as artificial intelligence (AI), big data, information security, cybersecurity, digital infrastructure, data centers, unmanned aerial vehicles (UAVs), and digital technology platforms, thereby contributing to the development of a modern, self-reliant security industry that meets the nation’s development needs in this new era.
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