FPT IS becomes the 20th member of the Pan-Asian E-commerce Alliance
Recently, the Pan-Asian E-Commerce Alliance (PAA) has officially announced that FPT Information System Corporation (FPT IS) has become the 20th member of the Alliance. This is the first regional e-commerce alliance in Asia, aiming to promote and provide secure, reliable and efficient IT infrastructure and solutions for international trade activities.
The Alliance’s members come from 18 countries in 4 continents (Asia, Europe, Australia & Africa), providing services to almost all trade enterprises operating in the Asian market.
FPT IS is the 20th member of the PAA.
Becoming a member of PAA, FPT IS will accompany the Alliance to enable its goals of promoting and providing infrastructure and IT solutions for international trade activities. FPT IS will make the most of any opportunities, leverage the capabilities in terms of developing and operating customs clearance and digital transformation systems of Vietnam Customs and other Ministries/Departments to assist international trade activities, meanwhile promote international trade by deploying “Made by FPT IS” solutions for commercial enterprises, such as the Digital financial ecosystem (TradeFlat), Public digital signature authentication service (FPT-CA), Electronic contract (FPT.eContract)…
Accordingly, the Digital financial ecosystem (TradeFlat) will play an important role in this process towards building bilateral and multilateral collaboration projects with PAA members to promote PAA’s cross-border trade transactions. TradeFlat is the first trade finance and supply chain finance platform in Vietnam using Blockchain technology, developed with close collaboration from leading commercial banks in Vietnam.
TradeFlat addresses the overall problems of capital finance in trade transactions for enterprises including: L/C, Supply chain finance, Electronic guarantee, and Business financial health monitor.
FPT and TradeWaltz sign the Memorandum of Understanding.
In October 2023, FPT IS has signed an MoU with TradeWaltz – the leading trade information collaboration platform in Japan and an associate member of PAA – to deploy the API-based TradeFlat-TradeWaltz linkage project to assist cross-border trade transactions for enterprises and banks of Vietnam and Japan.
