On May 13, 2021, TYM cooperated with TechPlus Solution to organize the Workshop “Development opportunities in the digital era” with the goal of suggesting digital transformation solutions for TYM activities, technology solutions that TYM can be applied to improve operational efficiency. Techplus Solution is also the contractor that implemented the project “Investing in building corebanking software for TYM”.

The seminar was held online with TechPlus leaders, TYM’s Board of Directors, and nearly 100 other delegates who are TYM officials at the head office, Board of Directors, and branch accountants’ TYM.

At the seminar, Mr. Kieu Viet Hung – representative of TechPlus Solution gave a presentation on the topic “Digital transformation and digitization of microfinance services towards financial inclusion”. According to Mr. Hung, one of the big challenges for microfinance organizations in the coming time is the increasingly strong competition of banks when expanding and deploying services similar to microfinance; placed in the context of increasingly modern applied technology in the banking industry, it is necessary for microfinance organizations to make drastic changes in which the application of technology is promoted to improve operational processes. Especially, Techplus Solution’s representative also gave some suggestions to microfinance institutions in general and proposed solutions for TYM in particular on the issue of digitalization of operations. At the same time, the presentation also shared the contributions of digital finance in the national financial inclusion strategy.

Speaking at the seminar, Ms. Nguyen Thi Thu Hien – Member of the Presidium of the Vietnam Women’s Union, General Director of TYM, affirmed, the National Financial Inclusion Strategy to 2025, orientation to 2030, and The National Digital Transformation program to 2025, orientation to 2030 has been approved, opening up opportunities and challenges for financial institutions in general and microfinance in particular, including TYM, especially in digital technology. She affirmed that TYM clearly identifies digital transformation and application of technology to improve operations as the most important issue in the direction of organizational development, the responsibility of all units and all staff of TYM in the near future.

Source: tymfund.org.vn