Vietnam Honored For Digital Transformation Achievements at ASOCIO Digital Summit 2023

Within the framework of the ASOCIO Digital Summit, BIDV is the representative of Vietnam to be awarded the Digital Transformation Award by the Asia-Oceania Computing Industry Organization (ASOCIO). Meanwhile, MoMo is the only Vietnamese fintech to receive the ASOCIO ESG (Environmental, Social and Governance) Award.
November 24, 2023 | 10:48
Vietnam Honored For Digital Transformation Achievements at ASOCIO Digital Summit 2023
MoMo received the ASOCIO ESG award. Photo: nld.com.vn

The award recognizes MoMo's impressive achievements in promoting environmental protection activities, solutions that bring positive impacts to society and management strategies that ensure sustainable values for the economy.

The event took place within the framework of the ASOCIO Digital Summit 2023 under the chairmanship of the Korean Ministry of Science and ICT (MSIT) and the Asia-Oceania Computing Industry Organization (ASOCIO).

ASOCIO Digital Summit, organized by the Korean Federation of Korean Information Industries and Technology and information Promotion Agency, takes place for three days (November 13 to 15) in Seoul, Korea.

This is an event that has an important influence on the development of the global information technology industry, attracting the participation of delegates from 24 countries and economies on two continents.

This year, ASOCIO awards were awarded to 52 outstanding units, organizations and businesses in eight categories of excellent technology businesses, digital transformation, digital government, educational technology, medical technology, cybersecurity, ESG (Environmental, Social and Governance) and start-ups.

Aware of the environmental challenges that Vietnam is facing, MoMo called for contributions and support for environmental projects in Vietnam, planting 35,750 more trees and expanding the forest area by 24.6 hectares (as of October 2023), to reduce environmental degradation and biodiversity loss.

Nguyen Ba Diep, co-founder of MoMo said "I am moved and proud when MoMo received the ASOCIO ESG award. This is a valuable encouragement for the efforts that the MoMo team made in promoting the importance of ESG in business operations.

MoMo is committed to continuing to contribute to social and environmental sustainability, creating positive impacts and bringing benefits to the Vietnamese community particularly and the world."

BIDV receives ASOCIO Digital Transformation Award

BIDV is the only representative of Vietnam to be awarded the Digital Transformation Award by the Asia-Oceania Computing Industry Organization (ASOCIO).

As the oldest commercial bank in Vietnam, BIDV currently identifies digital transformation as one of the three pillars of development in the period 2022-2025, with a vision to become the "leading financial institution in Southeast Asia, with the best digital platform in Vietnam."

From 2022, BIDV achieved many outstanding achievements in the field of digital transformation, especially the launch of digital products designed specifically for different customers such as BIDV Private Banking, BIDV SmartBanking, BIDV iBank, BIDV Smart Kids.

Vietnam Honored For Digital Transformation Achievements at ASOCIO Digital Summit 2023
BIDV representative received the award for Digital Transformation from ASOCIO.

By September 30, the number of customers using BIDV's digital channels reached nearly 12.5 million individual customers. (accounting for nearly 70% of individual customers, an increase of 3.5 million customers over the same period in 2022), and 132,299 organizational customers (accounting for more than 50% of organizational customers, an increase of more than 29,000 customers over the same period in 2022). The number of financial transactions of individual customers on digital channels reached nearly 90%.

Vietnam Honored For Digital Transformation Achievements at ASOCIO Digital Summit 2023
BIDV receives ASOCIO Digital Transformation Award.

The award given by ASOCIO in 2023 continues to affirm BIDV's position as one of the pioneering banks in the field of digital transformation in Vietnam, contributing to affirming the brand in the international arena.

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