en.Wedoany.com Reported - Huawei has signed a strategic consulting agreement with Saigon-Hanoi Commercial Joint Stock Bank (SHB) to assist the bank in designing its digital infrastructure architecture, building a data platform, modernizing operations, and enhancing security.
Under the agreement, Huawei will provide SHB with recommendations for implementing data and artificial intelligence solutions, helping the bank gain deeper insights into customer behavior to assess needs, measure risks, and offer customized products for individual clients. Huawei has previously collaborated with other financial institutions in Vietnam, such as Home Credit, SCB, and SeABank, providing solutions in areas including data analytics, cloud, and security.
SHB stated that the agreement is part of its efforts to promote an "open, flexible, and future-oriented technology architecture." Spawn Fan, President of Huawei's Asia Pacific Enterprise Business, described the move as "an important milestone for the group's expansion in the Vietnamese market." Vietnamese operators obtained 5G licenses in 2024 and began network deployment the same year, with Ericsson and Nokia being the main winners of these contracts. However, Reuters noted that Huawei has reportedly also secured some 5G contracts in the Vietnamese market since then, indicating the supplier's intention to expand its influence in Vietnam.
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