Paving a new path for Vietnam’s supply chain: Visa accompanies businesses in the digital era

10/03/2025

• New partnership introduces innovative digital solutions to unlock capital, streamline operations, and drive sustainable growth for Vietnamese businesses.

 

Visa (NYSE: V), a global leader in digital payments, has partnered with Vietnam International Bank (VIB) – the first bank to launch with Visa in the B2B supply chain – to introduce a comprehensive financial solution designed to support supply chain operations and unlock growth for Small and medium-sized enterprises (SMEs). This is not merely a financial product, but a comprehensive solution in which capital, cash flow, and payments are seamlessly connected, operating securely and with flexibility.

In the ever-changing global trade ecosystem, businesses must continuously review and assess their supply chains – not only at the operational level, but also from strategic and financial perspectives. In Vietnam, the supply chain has long been considered the lifeblood of the economy, linking raw material suppliers, manufacturing facilities, distributors, and retail networks to ensure the steady flow of goods to consumers. Yet within this circulation, financial constraints remain a significant challenge, especially for SMEs – the backbone of the national economy.

Ms. Dang Tuyet Dung, Country Manager of Visa Vietnam and Laos, emphasized: “SMEs in Vietnam face many challenges in fully applying digital solutions. That is why Visa and VIB have introduced the supply chain financial solution, with three clear benefits: expanding access to capital, ensuring transparency and security, and optimizing cash flow.”

Ms. Tuong Nguyen, Deputy CEO of VIB, noted: “With this financial ecosystem, we aim to accompany distributors, retailers, in managing their finances more effectively. This solution not only helps ease cash flow and relieve capital pressures during peak seasons but also introduces a sustainable approach, where every idle fund is activated to generate added value.”

Transparency, security, and flexibility in the supply chain are essential to advancing the digital economy and strengthening national competitiveness. By leveraging global technology and local expertise, Visa and VIB reaffirm their commitment to empowering Vietnamese businesses, fostering a sustainable financial ecosystem, and driving the growth of Vietnam’s digital economy.

 

 

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.