Overview
- SHB said it signed a strategic cooperation deal with Huawei covering technology architecture and data platforms.
- The agreement tasks Huawei with helping keep SHB’s banking systems stable and secure.
- The scope points to deep integration with SHB’s core banking systems, the software that runs accounts and payments.
- A Huawei executive called the tie-up a milestone for the group’s expansion in Vietnam.
- The Vietnam Banks Association says Huawei already works with SCB, SeABank, and Home Credit, reflecting momentum after Vietnam’s 2024 reversal on Chinese 5G vendors.