Digitization must enable new value creation for customers in BFSI market, delivering on expectations across the value chain.
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Digital Transformation in BFSI
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05 Aug 2024
T Dao
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On 2nd August, NTQ APAC and SF Supply Chain, one of the leading service providers in the logistics & supply chain sector, signed an MoU agreement in Ho Chi Minh City. Mr. Johnny Chong, CEO of NTQ APAC, and Mr. Michael Tung, Managing Director of SF Supply Chain, Hong Kong & Macau, attended the signing ceremony, witnessed by the Chief Executive of the Hong Kong Special Administration Region, and representatives from Vietnam – Trade Development Council of Hong Kong, Hong Kong Government agencies & businesses.
Under the scope of the MoU, NTQ APAC will join hands with SF Supply Chain to support new and existing e-commerce businesses in performing a successful expansion to the Hong Kong market or using Hong Kong as a springboard to APAC regions. Both companies will leverage their unique expertise to introduce an all-in-one solution that integrates e-commerce, marketing development & logistics optimization into a single portal.
This unique package is designed to tackle the most common key pain points when establishing a new business in global markets, from simplifying the delivery processes, end-to-end supply chain, inventory management, and aligning e-commerce platforms into the overall process. To fulfill these needs, NTQ APAC and SF Supply Chain will work closely to allocate dedicated resources, market understanding, and technical expertise to help clients achieve extensive growth in Hong Kong, Macau, and Greater China, getting access to new opportunities in APAC & neighboring regions.
“We’re very honored to have the opportunity to announce the MoU between NTQ APAC and SF Supply Chain under the witness of the Hong Kong Chief Executive. We believe that this collaboration is not only introducing the unique gateway for businesses to expand into Hong Kong & APAC, but also contributing to tightening the bilateral relationship between Vietnam & Hong Kong”, said Mr. Johnny Chong, CEO of NTQ APAC,
“SF Supply Chain is excited to join forces with NTQ APAC in this strategic partnership. We are optimistic that this collaboration will inspire more businesses to explore opportunities in Hong Kong and the wider APAC region. With the support from both governments, we are confident this will bolster Vietnam and Hong Kong’s relationship, creating strong economic prospects for both areas and neighboring APAC cities. It is an honor to contribute to this venture and the bright prospects it promises.”, said Mr. Michael Tung, Managing Director of SF Supply Chain, Hong Kong & Macau.
The MoU ceremony is one of the significant events during the 1st visit of Hong Kong Chief Executive Lee Ka-chiu to Vietnam, aiming to increase high-level contacts and promote economic and trade exchanges between the HKSAR and Vietnam. The collaboration between NTQ APAC and SF Supply Chain represents a significant example of a successful partnership between a Vietnamese IT company and a global logistics & supply chain powerhouse.
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