Hanoi, x,
Vietnam
Vietinbank Technographics
Vietinbank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Vietinbank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 24487 Vietinbank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Vietinbank has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2010, Oracle PeopleSoft HCM for Core HR in 2013, VietinBank Core SunShine for Core Banking in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Vietinbank is running and its propensity to invest more and deepen its relationship with Oracle , Swift , In-House Applications or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Vietinbank revenues, which have grown to $2.60 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Vietinbank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Vietinbank Tech Stack and Enterprise Applications
Vietinbank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP | n/a | 2010 | 2011 |
In 2010 VietinBank began implementation of Oracle E-Business Suite as an ERP Financial platform, launching one of the largest banking industry ERP programs in Vietnam with an implementation budget of nearly 4.3 million USD. The multi-year project was executed by FPT IS, formally starting in June 2010 and achieving its first deployment point in August 2011 after a program of phased rollouts and nearly two years of coordinated work across bank teams.
The implementation delivered core modules including internal financial management, human resource management and payroll, management information and corporate reporting, and financial and banking management within Oracle E-Business Suite. The Internal Financial Management module was extended to five non-business units outside the CoreBanking scope as part of final deployment activities, and the program emphasized configuration for financial consolidation and corporate reporting workflows.
Operationally the Oracle E-Business Suite deployment ran as a parallel system with the bank s CoreBanking platform, providing bidirectional exchanges and supplemental data flows after nine staged deployments. The rollout covered 151 units that operate against CoreBanking, and project activities included urgent data conversion work and consolidation of financial statements for subsidiaries and branches in Germany and Laos to prepare group model reporting.
Governance and rollout focused on coordinated cross-departmental collaboration, with close cooperation between VietinBank project teams and FPT IS to drive sequential go-live events. By mid-April the implementation was officially put into operation for all 151 units in scope, and by mid-May the ERP program was moving toward formal closure following the final conversion and consolidation tasks.
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Payment Processing | ERP |
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2019 | 2019 |
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Vietinbank HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle PeopleSoft HCM | Core HR | HCM | n/a | 2013 | 2014 |
In 2013, Vietinbank deployed Oracle PeopleSoft HCM for Core HR to centralize human resources operations across the bank. The implementation targeted enterprise HR across its Vietnam operations, covering the bank's workforce of 24,487 employees and consolidating employee master data and HR transactional processing into a single application.
Configuration work focused on core personnel management capabilities, including employee records, organizational and position data, and HR workflow automation consistent with Core HR functional patterns. The deployment included solution development and customization to align PeopleSoft business objects and business processes with Vietinbank's personnel management requirements.
Operational ownership and development were delivered by an internal PeopleSoft team, with in-house senior PeopleSoft developers managing customization, security configuration, and ongoing system operation. Integrations emphasized HR transactional workflows and downstream HR process orchestration to support centralized recordkeeping and workforce administration without naming external integration endpoints.
Governance practices established role-based security controls, operational runbooks, and a steady cadence of solution development and maintenance activities. Oracle PeopleSoft HCM serves as the bank's Core HR platform and has been supported by Vietinbank's internal PeopleSoft resources since initial deployment.
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Payroll | HCM |
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2010 | 2011 |
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Recruiting, Applicant Tracking System | HCM |
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2014 | 2015 |
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Time and Attendance | HCM |
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2010 | 2011 |
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Vietinbank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| In-House Applications | Oracle Flexcube | VietinBank Core SunShine | Core Banking | ERP Services and Operations | n/a | 2016 | 2017 |
In 2016, VietinBank implemented the in house VietinBank Core SunShine as its Core Banking platform, replacing Oracle Flexcube across its Vietnam network. The initiative targeted modernization of core banking functions including payments, account and card processing, and central transaction processing for retail and corporate banking operations.
VietinBank Core SunShine was deployed with a system wide Big Bang cutover, the program went live on 2 February 2017. The deployment centralized transaction processing and settlement functions to a single core instance, consolidating branch, ATM, and internet banking transaction flows and standardizing account lifecycle and payment workflows.
Press reports indicate integration with IBPS and NAPAS to connect the core to national interbank payment rails and ATM switching infrastructure, supporting the bank s card and ATM modules. The project replaced Oracle Flexcube as the bank s primary transaction engine and aligned payments and clearing processes under the new platform.
Operationally the bank executed a single go live event and centralized run operations on the VietinBank Core SunShine platform, updating governance and operational procedures to support the consolidated core. The program delivered measurable improvements in transaction throughput and processing stability as reported after the go live.
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Digital Banking | ERP Services and Operations |
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2015 | 2015 |
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Point Of Sale | ERP Services and Operations |
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2016 | 2016 |
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Vietinbank Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Blockchain Platform | Blockchain |
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2019 | 2019 |
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Vietinbank Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Trading Platform, Portfolio and Investment Management | Investment Management |
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2018 | 2019 |
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Vietinbank TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Treasury Management | TRM |
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2015 | 2015 |
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Vietinbank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2020 | 2020 |
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Digital Workspace | IaaS |
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2013 | 2013 |
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Vietinbank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2017 | 2017 |
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Secure Sockets Layer (SSL) | CyberSecurity |
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2019 | 2019 |
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IT Decision Makers and Key Stakeholders at Vietinbank
Apps Being Evaluated by Vietinbank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2025-10-11 | Vietinbank | Evaluated | ServiceNow | ServiceNow Finance Operations Management | IT Service Management | ITSM |