Huawei and SHB Bank in Vietnam have reached a cooperation agreement to further expand their market presence in Vietnam.

Saigon Commercial Bank announced on Sunday that they have signed a strategic cooperation agreement with Chinese tech giant Huawei Technologies Group. This partnership will help Huawei further expand its business presence in Vietnam. According to the announcement, Huawei will provide technical architectural design and support for data platform construction to the bank. The announcement also mentioned that Huawei will assist the bank in ensuring the stability and security of its business operations.