Vietnam is rapidly emerging as one of Asia’s most dynamic trade powerhouses. In 2025 alone, the country has posted a record high of double-digit growth in import-export turnover, with a projected trade surplus exceeding $20 billion. Driven by strong demand from the U.S., EU and regional partners, along with a surge in manufacturing activity, Vietnam is solidifying its position as a global trade hub.
But with this growth comes pressure – especially for banks.
As more Vietnamese corporates engage in cross-border transactions, the need for efficient, transparent, and responsive trade finance services has never been greater. Traditional, paper-heavy processes are no longer sufficient. Delays in processing letters of credit, guarantees, or supply chain finance deals can cost clients valuable time and opportunity.
For banks, this trade environment presents both a challenge and an opportunity. Embracing digital trade finance platforms – particularly cloud-based, API-enabled solutions – can dramatically improve operational efficiency, reduce risk, and elevate customer experience. Features like automated compliance checks, real-time transaction visibility, and seamless customer connectivity and communication not only accelerate processing but also build trust and loyalty enabling banks to keep pace and stay competitive.
Vietnam’s trade momentum shows no signs of abating. For banks to support the evolving needs of their clients and future their trade finance operations, investing in modern digital trade finance solutions is not just a technological upgrade – it’s a strategic imperative.
“Thanks to a comprehensive collaboration between BIDV and Surecomp, we are delighted with our new digital trade finance operation. Given its high priority, we believe in the value and competitive edge this digitalization path brings BIDV.”
Senior Executive Vice President at BIDV
To find out more contact us to discuss your digital trade finance needs and request an invitation to join our upcoming event in Hanoi.
