The Bank for Foreign Trade of Vietnam (Vietcombank) has won the ISO/IEC27001:2013 certificate, an internationally acclaimed standard for information security management, by Germany’s technical inspection organisation TUV Rheinland.

Vietcombank is the first bank in Vietnam awarded the certificate for all its business activities and products at its headquarters and 90 branches nationwide.

Getting the certificate is considered to be one of the bank’s commitments to building an information security system following international standards and regulations.

The application of the international standards will also bring helpful information to the bank and protect its system better.

Additionally, the certificate will help the bank to know about its rivals in the banking and finance sector, and reduce the costs and shortcomings in information.

To earn the recognition, Vietcombank has implemented a large project on international communication to improve its staff's awareness and obedience of information security in the whole system. It has also invested in infrastructure to ensure business activities and meet the required standards.

The bank is the pioneer in building and applying information security system in all its business activities and products in the country.

It was the first and only Vietnamese bank listed among the Top 500 leading banks in the world for two consecutive years. Last month, it was also voted as one of the top three favourite e-banks in 2014.

This year, the bank opened 15 new branches and 38 transaction offices nationwide to expand its network.

TUV Rheinland is a global leading provider of technical, safety and certification services , with more than 500 branches in 66 countries and territories.-VNA