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On January 12, the VTeam Group entered a strategic cooperation with EVN Finance, renowned and publicly traded in Southeast Asia. Mr. Chen, General Manager of VTeam's International Business Division, and the CEO of EVN Finance signed the agreement, representing their respective organizations.
EVN Finance stands as the preeminent local non-banking financial institution. Committed to working together for mutual business advantages, both parties will engage in sustained and profound collaboration in trade finance and international supply chain financial solutions, fueling the high-quality growth of Vietnamese firms. This partnership represents a crucial aspect of VTeam's strategic endeavors in the ASEAN area. VTeam has previously forged strategic alliances with prominent corporations, including Viettel Group, the leading telecommunications provider in Southeast Asia, and has worked with Eximbank to support the enduring growth of the region.
During recent official visits between China and Vietnam, both nations declared their intention to intensify their comprehensive strategic alliance. They aim to establish a mutually beneficial community that holds strategic importance for both. Vietnam, recognized for its considerable growth potential within the ASEAN region, promotes this endeavor with supportive policies. These have accelerated business collaboration, maintaining its robust pace. As Vietnam rolls out appealing incentives, numerous Chinese companies are eager to establish operations there, looking to convert the region's resource benefits into business growth opportunities.
VTeam, a global technology investment firm, has played a significant role in the international supply chain finance sector for nearly a quarter of a century. It offers comprehensive, top-quality services to its clients and has supported tens of thousands of businesses in Southeast Asia. At present, VTeam has expanded within ASEAN countries, including Cambodia, Vietnam, Thailand, Malaysia, and the Philippines.
The collaboration with EVN Finance elevates VTeam's partnerships in the ASEAN region to unprecedented heights. Looking ahead, VTeam aims to delve into the possibilities of regional alliances, harnessing local resources efficiently, pioneering novel methods of development, and working closely with prominent local enterprises across major sectors to forge a path of shared growth and progress.
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