New Delhi, August 11, 2026 — Virtusa Corporation, a global product and platform engineering services company, today announced a strategic partnership with Vietcombank (VCB), Vietnam’sleading state-owned commercial bank. The organizations will embark on a multi-year transformation program to build a unified, scalable, and AI-native corporate digital banking platform, officially named VCB Corporate DigiBank, designed to reimagine the digitalexperience for corporate clients across the region.
As Vietnam’s leading financial institution, Vietcombank is making this strategic investment to cement its position as the market leader and significantlyaccelerate the launch of financial products to corporate clients. Marking the largest technology project in Vietcombank's history, the greenfield transformation will replace legacy infrastructure with a future-ready, cloud-native architecture, delivering apersona-based, mobile-first experience for mid-sized and large corporate clients. By unifying customer journeys across web and mobile channels, Vietcombank aims to provide its corporate customers with the same intuitive, frictionless digital interactions typicallyreserved for retail banking.
"This project is not just a technological upgrade; it is a comprehensive transformation of Vietcombank’s digital capacity," said Mr. Le Quang Vinh,Member of the Board of Directors, CEO and Project Director. "By internalizing international best practices, we are building long-term, self-reliant digital capabilities. Ultimately, the success of this transformation will be measured by one metric: the satisfactionand trust of our corporate customers as they experience this new platform."
"To deliver on this vision, we are building a modern digital ecosystem that actively promotes digital transformation across the broader business community,"added Ms. Phung Nguyen Hai Yen, Deputy CEO and Deputy Project Director. "By combining Vietcombank’s systemic strength with Virtusa’s deep international expertise, we are ensuring this platform sets a new benchmark for quality and innovation in the nationaldigital economy."
The new corporate banking platform leverages Virtusa’s 25-plus years of domain-driven platform engineering expertise. The initial launch phase willfocus on modernizing Account Management and Payments, bringing immediate value to corporate clients in Vietnam. Subsequent releases will rapidly expand the platform's modular capabilities to offer other products, including lending, trade finance, collections,foreign exchange, and investments.
A cornerstone of the partnership is Virtusa’s commitment to a collaborative build model that results in a fully bank-owned platform and IP. Througha structured Transfer of Technical Knowledge (TOTK) framework, Virtusa will ensure that Vietcombank’s internal teams are fully equipped to own, run, and scale the technology independently over the long term.
“The most optimal results are achieved when Vietcombank and Virtusa operate as a unified team, moving toward a common goal and committing to solvingchallenges together,” said Hemant Tantia, Business Head - Asia at Virtusa. “Entering the AI-driven era, we are committed to optimizing AI technology in this implementation, thereby setting a new standard for the Vietnamese banking industry. By combining ourdeep industry experience, innovative spirit, and global engineering strengths with Vietcombank's profound market understanding, this project will become a breakthrough lever helping Vietcombank rapidly achieve its strategic goals.”
