First Vietnamese bank shakes hands with hinh anh 1Leading officials of MSB and sign comprehensive cooperation agreement at an online signing ceremony (Photo: VNA)
Hanoi (VNA) – Vietnam Maritime Commercial Joint Stock Bank (MSB) announced on December 15 that it has become the first Vietnamese lender to sign a comprehensive cooperation agreement with, a global business-to-business (B2B) e-commerce platform of Alibaba Group, to support importers and exporters in the new normal.

Accordingly, the deal with helps MSB get closer to import-export enterprises and support business activities, while promoting the digitisation process, optimising costs, and better serving customers.

MSB will provide customers with a list of products and services including: bank accounts, cards, Online Banking, savings, insurance and investment products.

In addition, businesses have the opportunity to receive several incentives from MSB exclusively for customers participating in the cooperation programme.

MSB Deputy General Director Nguyen The Minh said that joining B2B e-commerce platforms will help importers and exporters directly approach customers around the world, thereby expanding the opportunity to access the global market.

According to data from, during the pandemic period, the number of customers buying products on this platform increased by 100 percent, the number of orders jumped by over 170 percent, and the total transaction value rose by 125 percent./.