DOREMING ASIA had a signing ceremony to conclude a basic agreement to start offering “Doreming” in Vietnam.
DORENMING ASIA PTE LTD. (Head office: Singapore CEO: Hiromitsu Kuwahara) signed a business master agreement with Mitsui Knowledge Industries Co.,Ltd.(Headquarters: Minato-ku, Tokyo; President: Isao Kohiyama ;hereafter MKI) and Lien Viet Post Joint Stock Commercial Bank (Head Office: Vietnam Chairman: Nguyen Dinh Thang ;hereafter LPB) 11th May at headquarters of MKI. The payroll platform “Doreming” will offer the function to E-wallet service “Vi Viet” operated by LPB.
From June 2018, pilot operation will be started.
In June 2017, we signed a Memorandum of Understanding to cooperate with MKI for marketing activities and business development in Asian countries. Then we started negotiation of business development with LPB. From September 2017 until March 2018 we have been doing PoC (proof of concept) to realize the project.
“Doreming” can calculate worker’s wage on a daily basis. When employer authenticate employee’s daily wage, employee can transfer their earned salary to E-wallet’s “Vi Viet”. They can shop by “Vi Viet” directly. We believe it will be to help low wage workers to increase their life activities.
With the cooperation of localization with MKI, salary calculation corresponds to Vietnamese labor law, deductions(tax and social insurance premium etc..) also calculate automatically according to Vietnamese standards. In addition, we have many functions corresponding to Vietnamese labor customs. We will continue to improve usability in Vietnam.
It is said that there are 2 billion people who can not access financial services such as having bank accounts still in various countries around the world.
We intend to accelerate the development to neighboring Asian countries as a first step in releasing this service in Vietnam, to promote a fair society that all workers can access financial services.
MITSUI KNOWLEDGE INDUSTRY (MKI) was founded in 1991 and has since undergone numerous mergers to enable it to provide a wide range of ICT (Information and Communication Technology) services, not only centering on system and network construction but also extending to data center services and cloud services.
As an “ICT Service Creator”, MKI will create and develop unique new technologies and services for you.
LIEN VIET POST JOINT STOCK COMMERCIAL BANK(LPB) is one of Vietnamese major banks which was established in 2010 formerly known as LienVietBank.
LPB is focusing on offering online payment service using smartphone, and the application for smartphone “Vi Viet”. It received “Best Mobile Banking APP Vietnam 2016” from the International Finance Magazine in the UK in 2016.
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