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On November 1, 2024, BIDV-SuMi TRUST Financial Leasing Company (BSL) and CMC Technology and Solution Corporation (CMC TS) signed a Memorandum of Understanding (MoU) on Partnership Cooperation, marking an important step in providing financial solutions for technology investment in Vietnam.

The signing ceremony of the memorandum of understanding between BSL and CMC TS

BSL – A Trusted Finance Leasing Partner 

With a wealth of experience and a strong position in the Vietnamese financial market, BSL has been continuously affirming its pioneering role in the field of finance leasing. With the strong backing of its shareholder parent, the leading financial institutions from Vietnam and Japan, the Vietnam Bank for Investment and Development (BIDV) and Sumitomo Mitsui Trust Bank (SuMi TRUST) – along with a wide-reaching national network, BSL not only provides flexible financial solutions, but also focuses on improving service quality and delivering sustainable value to its customers.

With the outstanding benefits of finance lease, such as flexibility in long tenure transactions and lease terms, advantages in cash flow restructuring as well as helping businesses stay ahead of technological trends, etc., BSL aims to bring finance lease solutions closer to the business community. Its long-term objective is to become a trusted and lasting financial partner.

BSL’s commitment to service quality and its strong financial capabilities are key factors that enable Vietnamese enterprises, particularly Small and Medium Enterprises (SMEs), to easily access medium- and long-term capital to expand their businesses.

Additionally, the company is dedicated to Sustainable Development by pursuing an ESG governance and development framework, specifically implementing the 17 Sustainable Development Goals (SDGs) set by the United Nations. This focus is primarily on environmental issues, people, and communities, with particular emphasis on industrial innovation and social infrastructure development. To achieve these objectives, BSL is continually innovating and transforming its operations through digitalization strategies and encouraging its partners and clients to implement comprehensive digital transformation strategies, aiming for a better future society by financing the lease of technological equipment and tools that promote innovation and creativity.

CMC TS – A Leading Provider of Digital Transformation Solutions and Services in Vietnam

CMS TS, a member of the CMC Technology Group, is a reputable partner in consulting, providing, and implementing digital transformation solutions, cloud computing, cybersecurity, smart cities, and digital banking and finance for organizations and businesses in Vietnam. The current and long-term goal of CMC TS is to accompany customers and partners in building and reinventing successful and effective digital journeys..

“CMC TS has long-standing core competencies in technology and a high-quality workforce, along with a diverse client list spanning various sectors such as finance and banking, retail, oil and gas, manufacturing, and healthcare. Our internally developed products have demonstrated practical value for businesses, alongside the Rental and Leasing services we have implemented for many years,” shared Mr. Le Anh Linh, Deputy General Director of CMC TS.

Financial Solutions for Technology Investment

With a shared common goal of promoting sustainable community development through industrial innovation and infrastructure development, BSL and CMC TS have signed a memorandum of cooperation aimed at collaboratively offering synchronized solutions for businesses during their digital transformation processes. This includes technology solutions and equipment from CMC, as well as financial leasing solutions from BSL.

Through the collaboration between BSL and CMC TS, customers have the opportunity to access optimal financial solutions for investing in technology equipment in the digital age with the favorable conditions. With the outstanding benefits of financial leasing, such as using leased assets as collateral, high funding ratios, simple and convenient procedures, etc., companies are provided of the opportunity to transition to technology more flexibly and at a more reasonable cost. Additionally, with a professional team, BSL and CMC TS are committed to providing support services to businesses throughout the use of their products and services.

Representatives of BSL and CMC TS at the signing ceremony of the memorandum of understanding

The signing of the Memorandum of Understanding aims to establish a strategic partnership between BSL and CMC TS. This agreement not only lays a solid foundation for the connection between the two companies but also demonstrates their strong commitment to providing optimal solutions for customers, with a particular focus on enhancing service technology digitization and developing sustainable social value. In the context of transformation being an inevitable trend in the economy, providing comprehensive and high-quality financial solutions for technology investment is a decisive factor that helps businesses enhance their competitiveness and better meet market demands.

With this partnership, BSL and CMC TS not only affirm their positions in the fields of finance and technology but also open up new opportunities, contributing to the sustainable development of Vietnamese enterprises.

Thao Nguyen