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- BSL and Phu Thai Cat Signed Cooperation Agreement, Expanding Equipment Investment Opportunities for Vietnamese Businesses
BSL and Phu Thai Cat Signed Cooperation Agreement, Expanding Equipment Investment Opportunities for Vietnamese Businesses
On 26/8/2026, BIDV-SuMi TRUST Financial Leasing Company Limited (BSL) and Phu Thai Industrial Company Limited (Phu Thai Cat) officially signed a Cooperation Agreement aimed at connecting financial leasing solutions with Phu Thai Cat’s high-quality machinery and equipment ecosystem. Through this cooperation, the two parties will expand financing options for businesses, helping customers take greater initiative in their investment plans and better manage their cash flow.

Mr. Nguyen Thieu Son – CEO of BIDV-SuMi TRUST Leasing Company Limited (BSL), and Mr. Trinh Duc Thang – CEO of Phu Thai Industrial Company Limited (Phu Thai Cat), signed the Cooperation Agreement on 26/8/2026
Combining Financial Strength with an Equipment Ecosystem
As businesses increasingly focus on investing in modern machinery, enhancing production capacity, and optimizing operational efficiency, access to both high-quality equipment and appropriate sources of financing has become one of the key factors determining the successful implementation of investment plans.
Against this backdrop, the Cooperation Agreement between BSL and Phu Thai Cat is expected to provide more options for businesses and organizations seeking to invest in machinery and equipment for their production and business operations.
BSL is a financial leasing company with a solid financial foundation and extensive experience in the Vietnamese market. Backed by its two strategic shareholders, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and Sumitomo Mitsui Trust Bank (SuMi TRUST) – leading financial institutions in Vietnam and Japan – BSL has continuously developed flexible financial solutions to meet the diverse needs of corporate customers.
In addition to its solid financial foundation and extensive operating experience, BSL considers enhancing service quality and delivering sustainable value to customers among its key priorities. Through its financial leasing products, businesses have greater opportunities to access medium- and long-term funding for asset investment, technological innovation, and business expansion plans.
Meanwhile, Phu Thai Cat is an Authorized Dealer of Caterpillar in Vietnam, operating under the trade name Phu Thai Cat. Caterpillar is a global leader in the manufacturing of construction and mining equipment, power generation systems, diesel engines, marine engines, and a wide range of other industrial equipment.
In addition to supplying genuine Cat equipment, Phu Thai Cat has developed a diverse product ecosystem featuring leading global brands such as SEM, Cat Lift Trucks, Perkins. Complementing its high-quality products and equipment is a comprehensive after-sales service system, ranging from genuine parts supply, warranty services, and professional maintenance and repair to training, consulting, and customized solutions tailored to customers’ operational needs.
With an experienced management and operations team, highly trained engineers, and international experts, Phu Thai Cat currently operates its headquarters in Hanoi, representative offices in Ho Chi Minh City and Da Nang, as well as three Product Support Centers in Dong Nai, Hung Yen, and Quang Ninh, in addition to a nationwide network of service points.
The combination of BSL’s financial capabilities and Phu Thai Cat’s equipment and service ecosystem is expected to provide a strong foundation for both parties to develop more integrated and comprehensive solutions for their customers.
Expanding Financing Options and Supporting Businesses in Taking the Initiative to Invest
Under the cooperation agreement, corporate and institutional customers seeking to invest in equipment will have the opportunity to access genuine products from Phu Thai Cat alongside financial solutions provided by BSL, as well as preferential programs available to customers who meet the agreed criteria.

The cooperation agreement marks a new milestone in the relationship between BSL and Phu Thai Cat, aiming to connect financial solutions with businesses’ investment needs for machinery and equipment.
The combination of equipment and financial solutions provides businesses with a more proactive approach to investment. Rather than having to commit a substantial amount of capital upfront to acquire assets, businesses can consider financial leasing as a means of allocating resources more effectively in line with their cash flow plans and growth needs.
One of the notable advantages of financial leasing is its ability to help businesses access funding at reasonable costs, with financing may cover up to 90% of the asset value for customers who fully meet BSL’s requirements and policies.
In addition, this financing model can help businesses reduce collateral requirements compared with certain traditional lending methods, while also contributing to the diversification of funding sources and the preservation of bank credit limits for other financing needs.
Lease terms and payment schedules can also be structured flexibly based on mutual agreement and in accordance with each customer’s operational characteristics. This gives businesses greater flexibility in balancing their financial obligations, cash flow, and asset utilization efficiency.
For businesses that need to quickly put machinery and equipment into operation to support their production and business activities, the direct connection between the equipment supplier and the financial partner is also expected to help streamline the transaction process, from identifying investment needs and selecting equipment to finalizing an appropriate financing solution.
Solutions Delivering Sustainable Value for Customers
The cooperation between the two parties is not limited to helping businesses access funding for equipment investment, but also creates value for customers through a comprehensive connection between financial solutions and asset operation services.
By choosing equipment through Phu Thai Cat, customers can have greater confidence in the origin, quality, and performance of their machinery. At the same time, the company’s comprehensive after-sales service system – including genuine parts supply, warranty services, professional maintenance and repair, training, and technical consulting – helps ensure that equipment remains in optimal operating condition, maximizes utilization efficiency, and extends asset life cycles.
For businesses, the effectiveness of an investment is determined not only by the value of equipment at the time of purchase, but also by its long-term utilization, operating costs, and reliability throughout its life cycle. Therefore, the combination of an organization capable of providing equipment and specialized technical services with a financial institution experienced in the financing sector is expected to create a more complete value chain for customers.

The cooperation between the two companies is expected to deliver more integrated investment solutions, helping customers take greater initiative in managing their funding and development plans.
For BSL, the cooperation with Phu Thai Cat further demonstrates its direction of developing financial solutions closely aligned with the practical needs of businesses and accompanying customers throughout their asset investment and utilization journey.
For Phu Thai Cat, combining its products and equipment with suitable financing options will contribute to expanding customer access and supporting businesses in implementing their investment plans.
By connecting high-quality equipment with financial leasing solutions, BSL and Phu Thai Cat aim to provide businesses with more options for investing in machinery and equipment, enabling them to take greater initiative in balancing their funding resources and development plans.
Thao Nguyen