Huawei signs deal with Vietnamese bank SHB to expand Vietnam footprint

HANOI: Vietnamese lender SHB and China’s Huawei Technologies Group signed a strategic cooperation agreement on Sunday, SHB said, a move that will allow the Chinese technology giant ‌to expand ⁠its ⁠presence in Vietnam.

Under the agreement, Huawei will support SHB in designing technology architectures and building data platforms, SHB said in a statement.

It will also support the bank in ensuring ⁠stable and ‌safe operations, according to the statement.