“BIDV Leads the Way: Piloting a Revolutionary Remote Digital Signature Solution with VNeID”

Revolutionary Platform Solution for Digital Finance and E-Government

The remote digital signing solution, centered on VNeID, is a strategic step towards standardizing authentication processes in electronic transactions, especially in the financial and banking sectors, which demand high levels of security and customer identity verification. As of May 22, 2025, citizens can obtain digital certificates on VNeID to perform electronic transactions. Authentication through VNeID reduces risks, saves integration costs with individual providers, and establishes a unified standard for digital authentication in public and financial services.

Colonel Ngo Nhu Cuong, Deputy Director of C06, Ministry of Public Security, emphasized at the event: “The remote digital signing portal on VNeID is a critical infrastructure supporting the synchronization of electronic authentication processes between citizens, businesses, and managing authorities. We highly appreciate the proactive and determined efforts of banks, especially BIDV, in pioneering the application of this solution into their business processes, thereby bringing practical values to customers and contributing to the common goal of enabling all citizens, organizations, and enterprises to benefit from digital conveniences in an optimized and convenient manner.”

Representative of the C06 Directorate, Ministry of Public Security, speaking at the Ceremony Announcing the Pilot Implementation of the Remote Digital Signing Portal on VNeID

BIDV – Pioneering the Digitalization of Loan Procedures with Digital Signatures

In response to the Ministry of Public Security’s policies and the Government’s comprehensive digital transformation direction, BIDV has taken the lead in integrating the remote digital signing solution into the loan registration process on the BIDV Home application – a dedicated digital financial platform serving individual customers in purchasing houses, electric cars, and green credit needs.

By implementing digital signatures verified by VNeID from the initial stage, BIDV has streamlined procedures, shortened processing times, completely eliminated paper-based processes, and enhanced safety, transparency, and seamless experiences for customers.

“We highly appreciate the role of the Ministry of Public Security in building digital infrastructure, especially in establishing a unified standard for digital signatures and authentication through VNeID,” said Pham Phuong Lan, Vice Head of BIDV’s Retail Banking Division. “This foundation is crucial for BIDV and other banks to deploy digital financial services securely and efficiently, enabling customers to access digital services quickly and conveniently.”

Ms. Pham Phuong Lan, Vice Head of BIDV’s Retail Banking Division, speaking at the Ceremony Announcing the Pilot Implementation of the Remote Digital Signing Portal on VNeID

In the upcoming period, BIDV will continue to closely coordinate with the Ministry of Public Security and related units to expand the remote digital signing solution to other transaction channels, such as loan contract signing, online savings on BIDV SmartBanking, counter services (account opening, cash deposit/withdrawal, etc.), and deeper integration with national public service platforms.

This clearly demonstrates BIDV’s commitment to accompanying the authorities in promoting comprehensive digital transformation in the banking and financial sector, aiming towards a digital government, digital society, digital citizens, and digital enterprises.