Business Services Industry

VIETNAM: MICROSOFT, SACOMBANK SIGN MOU ON SOFTWARE USE.

IPR Strategic Business Information Database, April, 2007

According to "VoV", the Saigon Commercial Bank (Sacombank) and Microsoft signed a memorandum of understanding (MoU) on software use and commitment on April 16. Sacombank is considering Microsoft as an advisor and strategic technology partner to help it implement information technology systems.

Sacombank is committed to acquiring Microsoft's licensed software products and allocating the necessary budget to do so from now to 2009. Microsoft also helps Sacombank in other activities related to e-services and e-products through organizing training courses and seminars, transferring technology, sharing experience and providing consultancy for the bank's IT experts.

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