VietUnion Online Services Corporation (VietUnion) is a member company of Saigon Invest Group, a leading group in Vietnam on development investment into: industrial zones and hi-tech parks; finance - banking; and informatics and energy. Operating in the field of informatics and e-commerce, VietUnion focuses on supplying solutions assisting electronic transactions and online payment. VietUnion is oriented towards establishing a foundation of secure and convenient transactions for developing Vietnamese e-commerce. Accordingly, Payoo online payment system that VietUnion is developing is one of the efforts to eradicate the barriers in present-day Vietnamese e-commerce.
In 2007, Vietnamese e-commerce owned promising development landmarks keeping with the development trend of the world e-commerce. However, according to the data released by the Ministry of Trade in late 2006, among 20-25% of businesses with websites, only 27.4% of the websites accept orders and the modest amount of 3.2% accept online payment. The habit of
using cash in Vietnam and the limitations of credit cards have partially created invisible barriers against the development of e-commerce.
Catching up the impetuous development trend of Vietnamese e-commerce in the years to come as well as the lack of an effective payment mode, VietUnion Online Services Corporation coordinates with various banks and businesses to develop the Payoo e-wallet with efforts in establishing verified users’ communities, minimizing the risks and securing safe transactions through secure forms of Payment and delivery…
Introduction to SGI
Saigon Invest Group (SGI) is one of the Vietnamese leading groups in developing industrial zones and hi-tech parks. At present, SGI is owning and managing 15 IZs in the whole country with a total investment capital of over USD 800 million. Besides IZ investment and management, SGI also takes part in various fields such as: informatics, finance … with such typical members as: SaigonTel, NaviBank, Western Bank…
Nam Viet Commercial Joint-Stock Bank – NaviBank, established in 1995, is an affiliated unit of Saigon Invest Group. With the motto of “NaviBank – The Financial Fulcrum of Your Success”, NaviBank pledges sustainable development in order to provide absolute security to the depositors and related partners. For over 10 years of operation, NaviBank has affirmed its position in the financial-monetary market, evidenced by the fast and stable growth rate both in scope of total assets and charter capital, and business efficiency. In the present-day competitive environment, to make preparations for the international economic integration trend, NaviBank has determined the enhancement of business capacity through financial capacity, informatics and good management of risks as its strategic spearhead.
SaigonTel is the abbreviated name of Saigon Telecommunications and Technologies Corporation, established in 2002, a unit operating chiefly in the field of informatics. A sound foundation in informatics and the joint business within Saigon Invest Group enables SaigonTel to enjoy stable development, knowledge and finance betterment, and an operational capability in business, infrastructure development, supply of software, and corporate solutions benefiting customers. In terms of products, SaigonTel provides customers with online games services, consultancy on building informatics system and other services linked to system designing, equipment supply, installation and maintenance of telecommunications and informatics systems.
Apart from the two above-mentioned units, SGI is a group with large number of members and highly professional staff has been striving incessantly to improve the quality of services. SGI is always willing to provide to all customers more and more diversified, abundant and professional services of top quality.