SACOMBANK wins Sao Khue Award 2026 and earns a place on the Vietnam Digital Technology Solutions Map
29/05/2026
Mr. Nguyễn Hoàng Hải – Deputy CEO of SACOMBANK (center) receives the Sao Khue Award 2026 on behalf of the Bank.
Notably, SACOMBANK was also recognized on the Vietnam Digital Technology Solutions Map 2026, a tool published for the first time by VINASA to provide a comprehensive overview of the capabilities and maturity of Vietnam’s digital technology solutions. The map is expected to serve as a valuable reference for businesses in positioning their products, while also supporting policymakers in shaping the development of the national digital ecosystem.
In 2024, SACOMBANK became the first bank in Vietnam to deploy an open-loop cashless payment solution for public transportation systems. The solution was quickly integrated with international card organizations such as Mastercard and Visa, as well as the National Payment Corporation of Vietnam (NAPAS), significantly expanding accessibility to tens of millions of users.
Passengers can conveniently make payments using bank cards issued by any domestic or international bank, VietQR, Apple Pay, Samsung Pay, Google Pay, Garmin Pay, or e-wallets when using metro and bus services. Currently, more than 90% of transactions on the Ho Chi Minh City Metro system are conducted through cashless payment channels, ranging from automated ticket vending machines to online ticket purchases.
The adoption of open-loop payment technology helps reduce transaction times, enhance security, and optimize the travel experience for commuters. At the same time, the solution contributes to promoting cashless payment habits, encouraging the use of public transportation, and supporting the development of greener and more sustainable cities. Going forward, SACOMBANK plans to further expand connectivity with JCB, American Express, and UnionPay, while extending the solution to additional public transportation services.
A SACOMBANK representative stated: “The Bank will continue to accelerate technology adoption, enhance product and service quality, and develop practical digital financial solutions that contribute to the national digital transformation agenda and support the development of a modern, convenient payment ecosystem for the community.”