On July 24, 2025, MobiFone Telecommunications Corporation and the Bank for Agriculture and Rural Development of Vietnam (Agribank) officially signed a Comprehensive Strategic Cooperation Agreement, marking an important development step in the relationship between the two key enterprises of the country in the fields of telecommunications - technology and finance - banking.
The event took place in the context of digital transformation being an important driving force of the economy. The cooperation between MobiFone and Agribank not only promotes the strengths of each side but also contributes to creating resonant value, promoting the comprehensive digitalization process in many fields, especially in rural and remote areas - where there are still limitations in access to digital and financial services.
Promoting strengths, expanding the digital ecosystem
According to the agreement, the two sides committed to cooperating on the principle of voluntariness, equality, and compliance with the law, to deploy comprehensive technology and digital finance solutions, serving a variety of groups of individual, corporate and institutional customers.
With strong technology capacity and telecommunications infrastructure, MobiFone will accompany Agribank in the digital transformation process, providing solutions including: electronic invoices, electronic contracts, digital signatures, sales management software, electronic social insurance, as well as transmission services, Cloud, Co-location, SMS/Voice Brandname... to ensure a safe, efficient and highly secure operating system.
Meanwhile, Agribank will support MobiFone in credit, payment, account management, foreign exchange, insurance and other retail banking products. Agribank is also committed to prioritizing favorable financial conditions to support MobiFone in developing production, business and investment activities.
Cooperate to promote comprehensive finance and improve user experience
The two sides will jointly deploy co-branded products, cross- promotion programs, and service incentives, to create an integrated and seamless service value chain between digital technology and banking and finance. In particular, the cooperation in developing financial technology applications such as QR sound, fintech, security, digital healthcare, digital agriculture, etc. is expected to promote comprehensive finance, improve access to high-quality, friendly and easy-to-use financial and telecommunications services for people across the country.
Towards sustainable and inclusive development
Speaking at the signing ceremony, Major General Truong Son Lam - Chairman of the Board of Members of MobiFone Telecommunications Corporation emphasized: "Through this cooperation agreement, MobiFone is committed to accompanying Agribank in implementing friendly and accessible digital financial products and services; at the same time, expanding digital transformation solutions for small and medium enterprises, organizations, and business households; contributing to promoting comprehensive finance, developing rural digital economy and improving the quality of life for people".
On Agribank's side, Mr. To Huy Vu - Chairman of the Board of Members of Agribank also affirmed: "The two sides will jointly build smart, modern, safe and convenient service solutions for customers who are people nationwide, especially in rural areas - where both sides have advantages for development.
This will be an important step to contribute to building a digital ecosystem in the financial and "communications" sectors, promoting comprehensive finance and supporting the goal of promoting national digital transformation as set by the Party and the State".
Accompanying in creating a digital future
After officially transferring to the Ministry of Public Security from February 2025, MobiFone is positioned to become a pioneering technology - telecommunications enterprise, focusing on developing solutions to serve digital government, digital economy and digital society, with key pillars such as: information security, network security, Big Data and fintech to serve social security.
Agribank - the largest state-owned commercial bank in Vietnam, playing a pivotal role in the fields of agricultural credit and rural finance - is also promoting a comprehensive digitalization strategy, aiming to become a national digital bank, friendly and close to the community.
The cooperation agreement between MobiFone and Agribank is not only a connection between digital technology and traditional finance but also a concrete step to realize the Government's major policies on national digital transformation, digital infrastructure development, inclusive finance and improving the quality of life for Vietnamese people.
