Top 3 drivers of Open Banking
Open Banking is reshaping the financial industry by creating a flexible, transparent, customer-centric financial ecosystem. Supported by technology, regulatory frameworks and rising customer expectations, participating in the Open Banking ecosystem has become a key strategy for innovation, personalization, and enhancing competitiveness. Meeting customer expectations for personalized experiences Today’s customers demand more than traditional financial services. They seek seamless, instant, and value-added experiences in every transaction—from opening accounts and securing loans to managing personal assets. Open Banking enables financial institutions (FIs) and fintechs to leverage customer data—with consent—to deliver personalized solutions and streamline financial processes. For instance, HSBC allows intermediaries to share business account statements, reducing mortgage approval times. Banks and fintechs can develop innovative, personalized financial solutions in areas like payments, lending, or personal financial management (PFM). Statistics show that over 90% of North American consumers use apps for financial management, from bill payments to financial forecasting and cryptocurrency investments. This signals a growing demand for intelligent, data-driven, personalized financial products. Enhancing connectivity through Open APIs Open APIs are the backbone of Open Banking, enabling financial institutions to expand distribution channels and create multi-party ecosystems by: However, this requires modernizing infrastructure. While fintechs are often built with API-first and cloud-native architectures, many FIs are still undergoing digital transformation. Shifting from traditional value chains to multi-party ecosystems presents significant opportunities but demands strategic technology investments. Customer identity: the foundation for secure digital experiences In Open Banking, Know Your Customer (KYC) processes are not just regulatory requirements but central to customer experience and data security. FIs are modernizing identity systems to: Amid rising cybercrime, many banks have adopted Zero Trust Architecture (ZTA) and Multi-Factor Authentication (MFA) to replace traditional passwords—the weakest link. This reduces identity theft risks and better protects customers. Open Banking is no longer just a technological trend but a driver of financial inclusion. With growing customer expectations, the need for Open API connectivity, and secure identity systems, Open Banking is ushering in a new era for FIs, fintechs, and customers, redefining how the financial industry operates. Comprehensive Open Banking solutions from SAVYINT As Open Banking becomes an inevitable trend, with improving regulatory frameworks globally, SAVYINT introduces a comprehensive suite of Open Banking solutions that meet legal and technological requirements, enabling businesses and organizations to fully harness the potential of Open Banking: With deep expertise in deploying electronic identity systems, digital signatures, data encryption, and public key infrastructure (PKI), SAVYINT has partnered with numerous banks and FIs to provide strategic consulting, technical architecture design, standards development, and integration workflows for Open Banking. As a pioneer in developing architecture models, technologies, and process workflows, SAVYINT confidently delivers comprehensive solutions to realize Open Banking strategies—from API integration, consent management, and secure digital identity to establishing ecosystems with third-party providers (TPPs), ensuring compliance with domestic and international regulations. Contact SAVYINT’s experts today to unlock new opportunities with Open Banking.
NeoBank and Blockchain: Opportunities and Challenges
In the context of rapid digital financial development, the integration of NeoBanks and blockchain technology is drawing global attention due to its potential to revolutionize the financial sector, as seen in the growth of cryptocurrencies and decentralized finance (DeFi). Understanding the impacts, challenges, and potential of these advanced technologies is crucial to mastering the digital financial era. NeoBank and Blockchain NeoBank can be defined as digital banks or challenger banks, without any physical branches or transaction offices. Instead of physical locations, NeoBanks operate entirely online. They typically serve a wide range of customers, from individuals to small and medium-sized enterprises (SMEs), offering services such as payments, money transfers, credit lending, and financial management. With advantages like seamless payment experiences, fast and fully online account setup, and user-friendly app interfaces, more and more users are turning to NeoBanks. According to a report by Statista, the global NeoBank market is projected to reach USD 395 billion by 2026. Blockchain is a data storage technology that organizes information in blocks linked together in an immutable, secure, and transparent chain. Each block contains encrypted data connected to the previous one, forming an unchangeable chain. In finance, blockchain helps reduce fraud, accelerate transactions, ensure security, and support 24/7 risk management. Blockchain has enabled the rise of decentralized finance (DeFi), which eliminates the need for intermediaries like brokers, banks, or exchanges in providing traditional financial tools. Benefits of integrating NeoBank and Blockchain The integration of NeoBank and blockchain offers significant advantages that are shaping the future of digital finance. Challenges in integrating NeoBank and Blockchain Despite its vast potential, this integration faces several challenges. The legal framework for the NeoBank – Blockchain combination remains underdeveloped, posing risks to users and investors. Moreover, cybersecurity is a pressing concern: although blockchain itself is highly secure, NeoBanks still face threats in safeguarding digital assets, as cyberattacks could compromise data and erode user trust. Additionally, the volatility of cryptocurrency markets—with sudden price fluctuations—can affect the financial stability of NeoBank users. Despite these challenges, the combination of NeoBanks and blockchain is expected to create a powerful financial platform that offers comprehensive, efficient, and secure services. Once legal and security concerns are addressed, collaboration and innovation will be key to overcoming obstacles and unlocking the full potential of this integration. While risks remain, the compelling advantages – such as improved operational efficiency, broader financial inclusion, and enhanced security – make the NeoBank – Blockchain partnership a promising path for the future of finance. About the SAVYINT Open Banking Platform SAVYINT is a global technology company at the forefront of Open Banking, data security, and cybersecurity across key sectors including Finance & Banking, Government, Manufacturing, Telecommunications, Healthcare, Education, and Media. More than just a trusted service provider, SAVYINT is also a licensed provider of electronic timestamping services and Qualified Trust Services (QTSP) for digital signatures and e-seals through its QTSP Remote Signing solution. With extensive experience in strategic consulting, technical architecture design, standards development and integration flow deployment for Open Banking initiatives, SAVYINT has developed a comprehensive Open Banking solution platform, fully compliant with regulatory and technical requirements, enabling seamless connectivity and ecosystem building. The platform includes: Get in touch with a SAVYINT expert today to launch your Open Banking strategy with confidence!
Elevating security standards for online banking services in Vietnam
On October 31, 2024, the State Bank of Vietnam issued Circular No. 50/2024/TT-NHNN, establishing regulations on security and confidentiality for online banking services -marking a strategic step in building a robust legal foundation for Vietnam’s digital banking ecosystem. As digital banking services rapidly expand and cyberattacks and data breaches become increasingly common, the banking sector must continuously enhance safety, security, and transparency in all electronic transactions. Circular 50 replaces Circular 35/2016/TT-NHNN and meets the growing demand for higher security amid Vietnam’s strong digital transformation efforts. Effective from January 1, 2025, Circular 50/2024/TT-NHNN applies to credit institutions, foreign bank branches, intermediary payment service providers, and credit information companies. All online banking services must comply with stringent security standards to ensure safety for both banks and their customers. The Circular clearly outlines principles and technical requirements in the design, implementation, and operation of online service systems. Key highlights include: The tightened security standards under Circular 50/2024/TT-NHNN are not merely a legal compliance obligation, but a strategic advantage for banks in the digital age – building greater trust in online services. For credit institutions, the Circular provides strong motivation to invest in IT infrastructure, standardize operational processes, and gradually align with international standards such as PCI-DSS and ISO/IEC 27001- laying the groundwork for deeper integration into the global Open Banking movement. For customers, the Circular enhances trust in digital services and reduces risks associated with online transactions. At present, with the enforcement of Circulars 64 and 50, credit institutions are required to upgrade their systems to ensure stronger security at every level of service. In the long run, compliance with Circular 50 – along with adherence to international standards like PCI-DSS and ISO/IEC 27001, and alignment with strong customer authentication (SCA) requirements under PSD2/PSD3 in the EU—will help elevate Vietnam’s banking sector to global standards, promoting innovation and fostering fair competition.
Savyint & Kryptus: Collaboration to build open banking security standards
Open Banking is experiencing remarkable development in many countries. To ensure that open banking operates effectively and securely, it is particularly important to establish and adhere to a system of technical standards. With their expertise, Savyint and partner Kryptus have collaborated to develop a specific security standard system for each component in open banking. The API Gateway plays a crucial role in securing APIs by providing authentication, authorization, access control, and traffic limiting mechanisms. For the API Gateway, we ensure compliance with European and global regulations such as PSD2/PSD3, FAPI 2.0, CIBA, OIDC/OAuth2, and API Security. Meanwhile, Consent Management utilizes the Strong Customer Authentication (SCA) method as stipulated in PSD2, as well as security standards for key storage on HSM devices that meet FIPS 140-2 Level 3 or higher. The data exchange flows, data signing in transaction flows, or user data sharing are encrypted with the highest security level, ensuring integrity and safe authentication with JWS (JSON Web Signature) and JWT (JSON Web Token). End-to-end data encryption is also strictly adhered to with JWE (JSON Web Encryption) and RSA-PSS (Probabilistic Signature Scheme). In Vietnam, with the specific regulations for implementing open banking officially in effect, the standards set by Savyint and Kryptus fully comply with the regulations on Open API, API Security (according to Appendices 1 and 2 of Circular No. 64/2024/TT-NHNN), as well as regulations on transaction encryption, digital signing, and user authentication (according to Circular No. 50/2024/TT-NHNN). This is a promising market for the development of open banking in the near future. “We are proud to contribute our expertise in building a secure and regulation-aligned open banking ecosystem in collaboration with Savyint,” said Thierry Martin, Kryptus Managing Partner. “Kryptus has already achieved FIPS 140-2 Level 3 and the Common Criteria EAL4+ certification for HSM, strengthening our compliance across various global environments, as the fintech and banking sectors require enhanced key protection. Our joint solutions not only fully comply with European and international standards such as PSD2 and FAPI, but also with Vietnam’s specific regulatory frameworks, including Circulars 64/2024 and 50/2024. This partnership reflects our long-term commitment to helping financial institutions meet compliance obligations while accelerating digital transformation. We believe this collaboration will pave the way for broader regional adoption and global expansion of secure open banking models.” The swift, solid and well-directed steps taken by the two companies in providing a secure and safe open banking solution will be an advantage for Savyint and Kryptus to conquer markets in the region and globally. About Savyint SAVYINT is an IT security company in Sydney, Australia, with an R&D Center in Hanoi and international offices in Singapore, Dubai, Ho Chi Minh City (Vietnam), and Sofia (Bulgaria). With over 20 years of experience, we consistently rank among the leading global information technology enterprises, providing software platforms, system solutions, and services for digital transformation. Our expertise spans Open Banking solutions, information security, and FinTech, particularly in the Finance – Banking & FSI, Government, Manufacturing, Telecommunications, Healthcare, Education, and Media sectors. About Kryptus Kryptus is a Swiss and Brazilian multinational company specializing in cybersecurity and cryptography solutions. Since 2003 it has been delivering highly customizable, reliable and secure encryption and cybersecurity solutions. For over twenty years, we have served public and private sector clients in Latin America, Europe, the Middle East and Africa for critical applications, with the best level of products and services for mission-critical applications.
Open Banking takes flight in Vietnam
On December 31, 2024, the State Bank of Vietnam officially issued Circular No. 64/2024/TT-NHNN, setting the regulatory foundation for Open Banking through the implementation of Open Application Programming Interfaces (Open API) within the banking sector – a key driver of digital finance innovation globally. Open Banking is a new financial ecosystem in which banks and financial institutions allow third parties (fintech companies, financial service providers, etc.) to access customer data, with customer consent, to develop new services such as personal financial management, integrated payments, etc., through Open Application Programming Interfaces (Open APIs). Amid the rapid global development of Open Banking, in Vietnam, the State Bank of Vietnam issued Circular 64, effective from March 1, 2025, which is considered a legal tool paving the way for establishing a controlled, secure, and transparent data-sharing infrastructure, fostering innovation in the financial and banking sector. Key highlights in Circular 64: Accordingly, the Bank must comply with API security technical standards as stipulated in Annex 01 and Annex 02 issued with Circular 64/2024: These regulations have a profound impact on the development of Open Banking in Vietnam. Most crucially, they establish a clear and consistent legal framework for the secure and controlled connection, sharing, and processing of customer data, thereby laying the foundation for building innovative, personalized financial products and services. This enables the realization of comprehensive digital banking goals by allowing third parties to access user data with user consent. This is the key factor in forming an expansive, flexible, and customer-centric open banking ecosystem. Simultaneously, these regulations create significant opportunities for the Fintech community to engage more deeply in the financial ecosystem, enhancing the provision of new and innovative services. In the initial phase, financial institutions may face challenges in adapting. However, the issuance of Circular 64 fundamentally provides a robust legal foundation, serving as a springboard for building a modern Open Banking ecosystem in Vietnam, where data is leveraged and managed rigorously, with users at the center of all financial services.
Savyint eArchive BOX – An All-in-One electronic archiving solution for every organization
In the digital age, data is considered the “new oil” of the digital economy. Archiving is no longer just about preserving information but a strategic component in every organization’s operations. An effective electronic archiving solution enables organizations to build a solid infrastructure—from digitization and security to intelligent data exploitation. The current state of archiving in organizations Although many organizations are becoming aware of digital archiving, most still lack proper systems for digitization and electronic document management. Traditional methods prevail, such as printing documents for storage or saving them across personal hard drives, USBs, etc. This lack of synchronization leads to fragmented data management and several risks: In addition to risks from fragmented or traditional archiving, many organizations struggle with deploying electronic archiving solutions. International solutions may be powerful but costly and difficult to customize for Vietnamese business needs, while domestic solutions often fall short of ISO technical standards or recommended digital archiving architecture. Hence, the demand for a comprehensive, standards-compliant, easy-to-operate electronic archiving solution is growing across sectors. Savyint eArchive BOX – The All-in-One Electronic Archiving Solution As a leading archiving solution provider, Savyint is the first and only company to introduce Savyint eArchive BOX, designed in compliance with the international OAIS reference model (ISO 14721:2012) and Circular No. 02/2019/TT-BNV from the Ministry of Home Affairs regarding electronic archive data and preservation standards in Vietnam. Savyint eArchive BOX includes a full package: server, OS software, database software, integrated with digital signing and long-term preservation tools—allowing organizations to easily build an independent storage system for operation and integration. 2.1. Secure storage – Long-Term preservation – Efficient exploitation Savyint eArchive BOX is equipped with modern features to deliver three core objectives: a. Secure Storage b. Long-term Preservation c. Efficient Utilization 2.2. Multiple editions for every need Savyint eArchive BOX offers three flexible editions, tailored to organizations of all sizes and security/compliance requirements: Standard Advanced Premium Storage Capacity 5TB 7 – 10 TB 10TB++ Archiving staff accounts Free 5 accounts for archival staff Free 6–10 accounts for archival staff Free 10+ accounts for archival staff Digital certificates included Free 5 personal digital certificates and 1 organizational/business digital certificate for 3 years. Free 10 personal digital certificates and 1 organizational/business digital certificate for 3 years. Free 10+ personal digital certificates and 1 organizational/business digital certificate for 3 years. Access accounts Unlimited Unlimited Unlimited Digital signature software Electronic and digital signing using USB tokens. Supports integration with HSM Electronic and digital signing using USB tokens. Supports integration with HSM Includes digital signing with USB tokens, HSM, remote signing, and mobile signing. Supports advanced signing standards, timestamp embedding, and electronic authentication for long-term archiving. Document conversion tools Pre-integrated tool for converting Office documents and PDFs into formats suitable for storage and long-term archiving, such as PDF/A, TIFF,… Training & Support Guidance on digitization, data initialization, data standardization, data type creation, technology transfer,… Each version is designed for quick setup, clear access control, ease of use, and includes lifetime support to ensure seamless implementation. Connect with SAVYINT experts today to accelerate your digital archiving journey and move toward a paperless future with Savyint eArchive BOX.
Open API: Ushering in the era of Open Banking
Open API plays a pivotal role in the digital transformation of the financial and banking sectors. It drives innovation in traditional banking, promising secure, efficient financial transactions that meet every customer need. 1. Open Banking and Open API market could exceed $200 billion by 2033 Open banking represents the evolution of a new financial ecosystem based on connections between banks, financial institutions and third-party service providers, supported by APIs. Through this ecosystem, banks can offer customers superior and more flexible services, while enabling better personal financial management and decision-making. Although still relatively new, banks and financial institutions are actively engaging in the open banking ecosystem. According to reports and forecasts from Market.us, the global open banking market is expected to grow steadily over the years, reaching $203.8 billion by 2033. On January 13, 2018, the European Union’s Payment Services Directive (PSD2) came into effect, requiring banks to grant third parties access to customer accounts via available APIs, provided customers give consent. By using APIs, third parties can access banking data, enabling trusted banks and service providers to serve customers more effectively. Since the advent of PSD2, the payments sector has undergone a true technological revolution, notably with the rise of open banking and open APIs. These developments have fueled banks’ efforts to innovate and transition from traditional to new business models. Open banking and open APIs offer banks opportunities to create new services, personalize offerings, and enhance customer experiences. Read more: Open API – The key to promoting open banking 2. Benefits of applying Open API in Open Banking 3. Challenges of applying Open API in Open Banking Despite the benefits, applying Open API in open banking comes with challenges. Overcoming these is crucial to ensure the sustainability and security of open banking initiatives based on Open API. While Open API offers immense potential for the open banking ecosystem, participants must address technical, security, governance, and collaboration challenges to fully unlock its benefits. 4. Open API application in Savyint Open Banking: Comprehensive Open Banking Solution 4.1. Savyint partners with global leaders in providing Open API and Open Banking solutions On the journey to conquer the era of open banking, Savyint has been collaborating with international giants in Open API and Open Banking to deliver advanced, secure solutions tailored to the specific requirements of each market. Notable partners include Brankas, SaltGroup, Konsentus, Curity, Axway, TykIO, and others. Brankas is currently one of the world’s leading Open Banking solution providers, particularly in the Asia-Pacific and Middle East regions. With an extensive network of connections to banks and financial institutions across Southeast Asia, Brankas focuses on payment solutions and API-based connectivity for financial products. Savyint and Brankas work closely to provide solutions related to Open API, user authentication and consent management in compliance with international standards, and to develop a Banking-as-a-Service (BaaS) platform that helps build and expand the Open Banking ecosystem in the region. Salt Group is recognized as a trusted security solutions provider for banks, financial institutions, and government agencies in Australia and the Asia-Pacific (APAC) region. Savyint partners with SaltGroup to enhance the security and trustworthiness of its Open Banking ecosystem. Leveraging SaltGroup’s strengths in strong authentication, fraud prevention, and digital identity management, the collaboration focuses on strengthening the security of open financial transactions, ensuring regulatory compliance, and protecting customer data in the digital banking environment. Savyint has joined forces with Konsentus — a global brand in open banking consultancy and infrastructure — to co-develop operational principles, service models, and regulatory frameworks for open banking in Vietnam. Through working sessions, both parties will jointly build a set of principles to guide the operation of Vietnam’s open banking ecosystem, establish operational processes for technology deployment, and develop technical specification documents. Curity is a leading provider of API-driven identity management solutions, delivering comprehensive security for digital services. Curity’s strength lies in its advanced CIAM solutions with multi-factor authentication (passkeys, digital wallets), SSO, adaptive authentication, and FAPI 2.0 protection, helping to enhance user experience and ensure data security in open financial transactions. By integrating Curity’s pioneering technologies, Savyint is gradually modernizing the banking sector, strengthening security, and improving the user experience. Axway and TykIO are long-established global technology companies specializing in API integration and management solutions. Partnering with Axway and TykIO provides Savyint with the opportunity to build a comprehensive API management and integration system within the open banking ecosystem, rapidly deploy infrastructure, and ensure security, safety, and strict compliance with both domestic and international standards and regulations. With innovative solutions and strategic partnerships, Savyint is committed to offering the most advanced technologies and optimal user experiences. 4.2. About Savyint Open Banking Solution The Savyint Open Banking Platform is a specialized solution designed by Savyint for the financial and banking sector, meeting legal and technological requirements to connect and build a digital financial ecosystem. The solution focuses on enhancing and optimizing APIs through SAVYINT Open Banking API — ensuring seamless connection with all systems and providing standardized, ready-to-use APIs — and SAVYINT API Management — supporting the development, analysis, operation, and expansion of APIs. At the same time, SAVYINT Open Banking also emphasizes portals, consent management, user identity, and data security through the synergy of solutions such as: With solid technological infrastructure and operational expertise, Savyint delivers advanced technology and the best user experience to customers. Connect with Savyint experts now to gain a leading edge in open banking.
Open Banking: A driving force for SME growth
Small and medium-sized enterprises (SMEs) are vital to the economic development of any nation, playing a key role in creation and contributing significantly to national budget revenues. However, access to finance remains a persistent challenge for SMEs in many countries. The advent of open banking is expected to break down many financial barriers that SMEs face. The outstanding benefits of Open Banking for SMEs Open banking not only benefits banks, third-party providers and end-users, but it also delivers significant advantages to SMEs. Improved access to credit SMEs often struggle to obtain credit from traditional banks due to factors such as lack of audited financial reports, insufficient collateral or unclear financial data,… Open banking allows SMEs to securely share their financial data with third-party providers capable of assessing credit history. This creates better opportunities for SMEs—especially startups or those with limited credit history—to access financing from a variety of financial institutions. Enhanced financial management Through open banking, SMEs can access a wide range of financial products and services from different providers on a single platform. Business owners can view all accounts, transactions, and financial data in one dashboard or app, empowering them to make smarter financial decisions and manage cash flow more effectively. More competitive pricing Another positive impact of the open banking ecosystem is the increased price competition for financial products and services. By leveraging the financial data of SMEs, credit institutions can offer financial products that are tailored to the specific needs, size, and sector of each business. This means that SMEs can access the most suitable loan packages available to them. Stronger security and data privacy To participate in open banking, banks and third-party providers must comply with strict security standards set by international and national regulations. This ensures that SMEs’ financial data is kept safe, private and protected from unauthorized access. Practical tips for SMEs joining Open Banking Understand Open Banking Before joining the open banking ecosystem, it is essential for SMEs to fully understand the nature and how open banking works. Organizations and SMEs can start by reading articles, watching explainer videos, and participating in webinars. It is also valuable to connect with other business owners who have already embraced open banking and learn from their experiences. The more knowledge SMEs gain about open banking, the better equipped they will be to make smart and informed decisions. Choose a Trusted third-party provider When entering the open banking ecosystem, SMEs will need to select a third-party provider to manage their financial data. The selection should be based on clear criteria: review the provider’s list of partners, existing clients, and past projects. SMEs can start right away by researching information on company websites, reading customer reviews, and seeking recommendations from businesses that have worked with these providers. Prioritize data security Data security should be a top priority when participating in the open banking ecosystem. SMEs must ensure their financial data is protected from unauthorized access or theft by verifying that the chosen third-party provider complies with data protection and information security regulations and standards. Start small and scale gradually The technical requirements, infrastructure, and data-sharing demands of open banking can feel overwhelming for SMEs. Therefore, it is advisable to begin with basic services—such as integrating payment solutions—and then gradually expand to more complex offerings like lending and credit services. This approach helps businesses stay in control and gradually adapt before moving to full-scale integration. Joining open banking marks a significant turning point for SMEs. It not only provides access to better financial products and services but also enables more efficient financial management. To maximize the benefits of open banking, SMEs need to be well-informed, choose reliable providers, and prioritize data security. By following these best practices, SMEs can fully leverage open banking’s advantages, ensuring stable growth without concerns over funding challenges. About SAVYINT and the SAVYINT Open Banking Solution SAVYINT is a global technology company with strong expertise in open banking, data security, and protection across key sectors such as financial services, government, manufacturing, telecommunications, healthcare, education, and media. With extensive hands-on implementation experience, SAVYINT has launched a comprehensive Open Banking solution that fully meets legal and technological requirements to connect and build an open banking ecosystem. The solution includes: Connect with SAVYINT’s experts today to kick-start your open banking strategy!
SAVYINT GROUP Shares Insights on Digital Trust at Vietnam – Asia DX Summit 2025
At the workshop “Enhance DX: Expanding Market Scale – Promoting Cooperation”, held as part of the Vietnam – Asia DX Summit 2025, SAVYINT GROUP delivered deep and insightful perspectives on Digital Trust: establishing trusted services, strong identity and authentication frameworks, and safeguarding user privacy in an increasingly digital world. On May 27 in Hanoi, the Vietnam – Asia DX Summit 2025, chaired by the Vietnam Software and IT Services Association (VINASA), officially kicked off under the theme: “Mastering Technology – Breakthroughs for Progress.” Spanning two days, the summit welcomed over 2,500 attendees, including leaders from government bodies, industry experts, and representatives from technology firms in Vietnam and 16 countries and economies across the region. With 9 focused workshops, more than 100 speakers, and engaging discussions, the event addressed key policy bottlenecks within Resolution No. 57-NQ/TW (December 22, 2024) and Resolution No. 68-NQ/TW (May 4, 2025) issued by the Politburo. It also spotlighted digital transformation, technology renewal, digital infrastructure development, green and smart production, AI, digital data resources, and regional collaboration amid rapid technological changes and shifting geopolitical landscapes. At the workshop “Enhance DX: Expanding Market Scale – Promoting Cooperation”, Mr. Hoang Nguyen Van, Founder & CTO of SAVYINT GROUP, delivered an impactful presentation on Digital Trust – a foundational pillar for creating a safe, secure, and reliable digital environment for both users and institutions. Digital Trust – Building User Confidence in People, Technology, and Processes “Digital Trust is the confidence users place in people, technology, and processes to build a safe digital world,” Mr Van emphasized. He also pointed out that Digital Trust is not merely a technological requirement but a strategic foundation for constructing a transparent, secure, and responsible digital ecosystem—a vision closely aligned with Resolution No. 57-NQ/TW, which positions digital transformation and innovation as the core of national development. However, he noted that according to PwC’s 2025 Global Digital Trust Insights, only 2% of organizations worldwide have implemented Digital Trust at scale—revealing a gap and a golden opportunity for forward-thinking enterprises to leverage Digital Trust as a competitive advantage. To establish Digital Trust, Mr. Van outlined that organizations must build a comprehensive, multi-layered security foundation including: Digital Identities (for people, devices, applications, and systems); Data (structured, unstructured, and semi-structured) and Cryptography, using PKI (Public Key Infrastructure) and digital certificates to encrypt and protect information. He emphasized, “PKI plays a central role in the Digital Trust ecosystem, enabling secure data encryption, digital signing, and ensuring data integrity in all online interactions.” Mr. Van also illustrated how a secure Digital Trust infrastructure can support cross-border identity and payment ecosystems, with practical applications in various sectors such as hotel bookings, e-check-ins, telecom identity verification, e-contract signing, and healthcare authentication. SAVYINT – A Pioneer in Building Digital Trust in Vietnam As a trailblazer in digital identity and trust services, SAVYINT proudly stands as the first organization in Vietnam to receive QTSP (Qualified Trust Service Provider) certification under the European Union’s eIDAS regulation—the highest international standard for trusted digital services and electronic signatures. This achievement not only confirms the technological capability, compliance, and reliability of SAVYINT’s solutions but also reinforces its ability to develop independent, sovereign, and globally aligned Digital Trust infrastructures in Vietnam. One of the key strategic solutions highlighted by SAVYINT in this presentation is the Enterprise Security Appliance — an all-in-one security solution built into a single hardware device, integrated with a Hardware Security Module (HSM). This appliance enables organizations and enterprises to encrypt data, implement electronic identification (eID), establish a dedicated PKI infrastructure, perform remote digital signing, and manage the issuance, renewal, and revocation of digital certificates. Enterprise Security Appliance – All in a Box features flexible modules such as: Tokenization, Digital Authentication, eID, PKI (CA, VA, TSA); Remote Signing, Data Encryption, SCA/FIDO2, End-to-End Encryption; Data Privacy, Transaction Signing. The solution is compact, portable, easily deployable, and seamlessly integrates with existing IT systems. It can be fully tailored or scaled based on the specific needs of each enterprise and evolves alongside technological changes. Moreover, every component that constitutes the Enterprise Security Appliance—including both hardware and software—along with its operational governance framework, is rigorously designed to meet the highest international standards for security, protection, and legal compliance: Designed as a dedicated on-premise Digital Trust hub, SAVYINT empowers customers to build customized Enterprise Security Appliances with only the necessary functionalities—offering complete autonomy and optimal cost-efficiency without third-party dependency. Through its participation in Vietnam – Asia DX Summit 2025, and its impactful contribution on Digital Trust, SAVYINT once again reaffirms its mission: to accompany Vietnam in mastering core digital technologies, creating breakthroughs, and rising confidently on the global digital transformation map.
S-Team Building 2025: Reshape and Play Bigger
Against the backdrop of the sun-kissed, scenic Bao Ninh Beach at Sun Spa Resort, Quang Binh, S-Team Building 2025 officially kicked off—marking the start of a vibrant summer where the passionate hearts of every Savyer came together to reconnect, break through, and play bigger—in perfect alignment with this year’s theme: “Reshape and Play Bigger.” S-Team Building 2025 witnessed a fierce and thrilling battle among three legendary alliances, each unique and outstanding in their own way: King & Queen 2025 – Where Talent and Charisma Shine A signature highlight of every SAVYINT team building event, the King & Queen Contest, returned in full glory—celebrating the poise, intelligence, and charm of representatives from all three teams. After two dazzling rounds testing style and intellect, the coveted King & Queen 2025 titles were triumphantly claimed by: King – Mr. Le Thanh Quy and Queen – Ms. Nguyen Thi Thao Minh. This dynamic duo impressed judges and the audience alike with their flawless chemistry and confidence—leaving no room for doubt that they truly earned their crowns. Team Challenges – An Epic Chain of Games Right after the crowning moment, teams dived into a series of back-to-back, high-energy challenges designed to test both physical strength and coordination: Each challenge became a story of unity, effort, laughter, and teamwork. Ultimately, it was Team “Luôn Vui Tươi” who dominated with three back-to-back wins, earning the title of Game Champions. Gala Dinner – A Night of Talent, Gratitude, and Inspiration As the sun dipped below the horizon, SAVYINT’s Gala Dinner began—a heartwarming evening with the theme “Reshape and Play Bigger.” The event celebrated not just a year of hard work, but also charted a bold vision for the future. Key messages were delivered by Chairman Hoang Nguyen Van and Executive Vice President & COO Brad Palmer, emphasizing a transformative journey into the next financial year—with global aspirations and bigger goals ahead. The night also honored excellence through the S-Award 2025, recognizing long-time dedication and outstanding contributions. Savyers who’ve walked the 5-year journey with pride were honored with meaningful awards and sincere gratitude. SAVYINT remains committed to building not just technology and business, but also a culture that nurtures talent—encouraging a generation of proactive, critical-thinking, and passionate individuals ready to face every challenge. Contrasting the day’s intense games, the evening’s stage came alive with stunning performances that wowed the audience: Team “Lòng Xe Điếu” brought down the house with their charmingly humorous and clever skit, performed by the team’s “handsome stars.” It came as no surprise when they took home the Top Performance Award, scoring an impressive 90 – 95 – 100 from the judges. Team “Nắng Quảng Bình” delivered a joyful, creative act filled with vibrant neon lights, dazzling both the eyes and ears. Team “Luôn Vui Tươi” lit up the stage with a high-energy modern dance featuring the largest number of performers—bursting with unity, color, and laughter. After tallying scores from both the team challenges and the talent competition, the final results were: Champion: Luôn Vui Tươi – Runner-up: Lòng Xe Điếu – Third Place: Nắng Quảng Bình. Though S-Team Building 2025 has come to a close, its bright, meaningful memories will echo in every Savyer’s heart. More than just a trip, this was a milestone—a reset of spirit, a celebration of connection, and a bold step forward toward the larger game ahead – Reshape and Play Bigger. Thank you to every Savyer for creating such an unforgettable experience. See you on the next journey!