MobiFone, One Mount Group, and Techcombank Join Forces to Establish a Digital Payment Company
On June 27, 2025, MobiFone Corporation, One Mount Group JSC, and Vietnam Technological and Commercial Joint Stock Bank (Techcombank) jointly established a digital payment company named MobiFone Digital Payment JSC with a charter capital of VND 300 billion. MobiFone, as the parent company, contributes VND 153 billion, holding 51% of the charter capital, while One Mount Group and Techcombank contribute VND 114 billion and VND 33 billion, respectively, accounting for 38% and 11% of the charter capital.
Headquartered in C5 D’Capital Tower, Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi, MobiFone Digital Payment JSC primarily engages in other financial service activities (except insurance and social insurance) including financial switching services, international financial switching services, electronic clearing services, e-payment gateway services, and billing and payment collection support services, operating under the license granted by the State Bank of Vietnam.
Mr. Phan Thanh Son (DOB: 1974), the former Deputy General Director of Techcombank, is appointed as the General Director and legal representative of the newly established company. Prior to this role, Mr. Son stepped down from his position at Techcombank on June 26, as decided by the bank’s Board of Directors.
One Mount Group JSC, chaired by Mrs. Nguyen Thi Thanh Thuy, the spouse of Mr. Ho Hung Anh – Chairman of Techcombank, also has their son, Mr. Ho Anh Minh, holding over 10% of the charter capital in the company. One Mount Group is a well-known technology company established by Vietnam’s largest corporations, including Techcombank and Vingroup, with three main products: Vinshop by One Mount Distribution, OneU by One Mount Consumer, and OneHousing by One Mount Real Estate.
Initially founded in late 2019 with an initial charter capital of over VND 3,000 billion, One Mount Group was a member company of Vingroup, in which Vingroup held 51.22% of the capital. However, in the first half of 2022, Vingroup withdrew its capital from One Mount Group, valuing the company at nearly USD 600 million.
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Win an iPhone 16 Pro Max and 999.9 Fine Gold When You Transfer Money Overseas with SHB
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A Real Estate Firm Raises $200 Million in Just Two Days Through Bond Sales.
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