 |
Hanoi, November 19, 2025 – Military Commercial Joint Stock Bank (MB) introduces the new MB Visa Hi BIZ Corporate Card, a cutting-edge solution designed to streamline business management and enhance international trade. Developed in collaboration with Visa and the Korea Trade-Investment Promotion Agency (KOTRA), this card addresses the growing need for digital transformation, compliance with Decree 70, and cost optimization in Vietnam’s smart business management era.
MB’s research reveals that 40% of Vietnamese SMEs struggle with invoice management and expense reconciliation. Additionally, most importing SMEs seek faster, less cumbersome international payment solutions. Many SMEs also face challenges in controlling decentralized spending across employees, departments, and traditional paper-based systems.
This launch comes amid rising operational costs, which increased by 5.8–7.2% in the first nine months of 2025, according to the General Statistics Office.
Enhanced Spending Management – Optimized Cash Flow
The MB Visa Hi BIZ card is a versatile corporate tool focused on transparent spending management and cost optimization. Its minimalist design integrates both credit and debit functions, offering flexibility for online advertising, business trips, client entertainment, and digital services.
The new version features a 1.2% foreign currency conversion fee and up to VND 30 million in annual cashback. All transactions seamlessly sync with MB’s BIZ ecosystem, enabling real-time cash flow monitoring, departmental spending control, and risk reduction in reconciliation.
The card’s sleek design, featuring MB’s signature blue, combines debit and credit functions for versatile use. It eliminates the need for cumbersome paperwork, saving businesses hundreds of millions annually. Enterprises can optimize operations and enjoy benefits across essential services like management software (MISA, Google Workspace), business travel, and client entertainment.
Mr. Nguyễn Xuân Cường, Deputy Director of MB’s Digital Banking Division, emphasizes that the card’s launch reflects the growing demand for cost reduction and financial transparency among Vietnamese businesses. He predicts that digital solutions like this card will become standard in corporate management within a few years.
Same-Day Cross-Border B2B Payments
A standout feature of the MB Visa Hi BIZ card is its integration with the Global Trade Payment Platform (GTPP), enabling same-day B2B transactions between Vietnamese and Korean businesses. This significantly outperforms traditional international payment methods, which typically take 3–5 days and involve extensive documentation.
According to KOTRA, Vietnam is South Korea’s third-largest export market, with bilateral trade surpassing USD 80 billion in 2024. Streamlining payment processes between the two countries is expected to greatly benefit SMEs, which often face barriers in accessing international payment services.
Visa Vietnam representatives highlight that B2B card payments are a global trend, improving cash flow and transparency. MB’s adoption of this feature aligns Vietnamese businesses with international transaction standards.
Strengthening Leadership in Corporate Banking
In October 2025, Visa awarded MB two prestigious titles: “Pioneering Bank in Corporate Card Innovation” and “Pioneering Bank in B2B Payment Solutions for SMEs.” These accolades underscore MB’s commitment to expanding its financial ecosystem for businesses.
The new MB Visa Hi BIZ card is currently free to issue and includes a waived annual fee for the first year. Businesses can register via MB’s website, the MB247 hotline (1900 9045), BIZ Helper, or at any MB branch nationwide.
|
MB Visa Hi BIZ – Versatile Corporate Card Features: ● Dual funding: Credit + Debit ● Up to VND 30 million annual cashback ● 1.2% foreign currency conversion fee ● Integrated with MB’s BIZ ecosystem ● Supports Vietnam-Korea B2B payments via GTPP Registration Channels: ● MBBank Website ● MB247 Hotline: 1900 9045 ● BIZ Helper ● MB Branches Nationwide |
Insight 1: The Essential Card for Smart Business Management
Launching MB Visa Hi BIZ – Driving Digital Transformation for Businesses
The core of a digital economy lies in digital enterprises. To achieve this, businesses need comprehensive solutions and efficient tools for rapid transformation.
On November 19, 2025, MB partnered with Visa to launch the MB Visa Hi BIZ corporate card, offering advanced features for cost optimization and smart management. This event also marked a tripartite collaboration with MB, Visa, and KOTRA to introduce global trade payment capabilities with Korean businesses via the GTPP platform.
MB serves over 460,000 corporate clients and processes billions of digital transactions annually. By fully digitizing financial services, MB has become a leader in Vietnam’s digital transformation. Notably, its corporate credit services are entirely online, from credit approval to disbursement, saving up to 10 times the time and cost compared to traditional methods.
Insight 2: MB Introduces the New MB Visa Hi BIZ Card – Enhancing International Trade and Benefits for Businesses
Hanoi, November 19, 2025 – MB officially launched the new MB Visa Hi BIZ corporate card, tailored for the digital transformation era. The event was attended by bank executives, partners, and nearly 100 domestic and international media outlets.
MB Addresses Business Spending Challenges, Meeting Market Demands
MB’s research indicates that 40% of Vietnamese SMEs struggle with invoice management and expense reconciliation. Most importing SMEs need faster, less cumbersome international payment solutions. Many also face challenges in controlling decentralized spending across employees, departments, and traditional systems.
Understanding these needs, MB designed the new MB Visa Hi BIZ card with a focus on cost optimization, smart management, and international trade expansion.
MB Visa Hi BIZ – Practical Cost Optimization: Up to VND 30 million annual cashback and tailored benefits
The new card’s features align closely with market needs, solidifying MB’s position as a leading digital bank for businesses. It offers up to VND 30 million in annual cashback across four key spending categories: advertising (2.5% cashback on platforms like Facebook, Google), business travel, client entertainment, and management software (MISA, Google Workspace).
A September 2025 Vietnam Report survey found that 79.2% of businesses plan to increase marketing spending this year, with 92.3% prioritizing social media platforms for brand positioning. However, optimizing marketing costs remains a challenge. MB aims to help businesses enhance their brand value cost-effectively with the MB Visa Hi BIZ card.
MB Visa Hi BIZ – Facilitating International Trade with Enhanced Cross-Border Payment Solutions
Beyond its competitive 1.2% foreign currency conversion fee, the card introduces B2B payment capabilities via the Global Trade Payment Platform (GTPP). This feature connects Vietnamese businesses directly with over 140,000 Korean SMEs through KOTRA’s network, enabling secure, transparent transactions and optimized cash flow. It allows companies to import more efficiently and reduces risks in Vietnam-Korea trade.
A Truly Versatile Corporate Card – Multi-Functional, Multi-Dimensional
Mr. Nguyễn Xuân Cường, Deputy Director of MB’s Digital Banking Division, stated, “The launch of the MB Visa Hi BIZ card is a milestone in MB’s strategy to build a comprehensive digital financial ecosystem for Vietnamese businesses. By focusing on management, operations, and international trade, MB aims to provide tailored solutions for every business model.”
Ms. Đặng Tuyết Dung, Visa Vietnam and Laos Director, commented, “Visa applauds MB’s consistent digital transformation efforts. The MB Visa Hi BIZ card launch reinforces our strategic partnership in delivering modern, secure, and efficient payment solutions to Vietnamese businesses.”
“We believe that combining Visa’s technology with MB’s vision for the BIZ MBBank ecosystem will make the MB Visa Hi BIZ card an essential tool for cost optimization, management enhancement, and international trade expansion. Visa is committed to supporting MB in creating greater value for businesses, especially SMEs, which are vital to Vietnam’s economy.”
The card is currently free to issue and includes a waived annual fee for the first year. Businesses can register via MB’s website, the MB247 hotline (1900 9045), BIZ Helper, or at any MB branch nationwide.
Insight 3: MB’s Leadership in Corporate Digital Banking
MB Visa Hi BIZ: Solving Cost, Cash Flow, and International Trade Challenges for Vietnamese Businesses
Amid rising input costs, slow revenue growth, and intense competition, maintaining stable cash flow is a critical challenge for many Vietnamese businesses, especially SMEs. The General Statistics Office reports that operating costs increased by 5.8–7.2% in the first nine months of 2025, with significant portions attributed to advertising, business travel, client entertainment, and software.
MB’s research highlights that 40% of SMEs struggle with invoice management and expense reconciliation. Most importing SMEs need faster, less cumbersome international payment solutions. Many also face challenges in controlling decentralized spending across employees, departments, and traditional systems.
In response, MB collaborated with Visa and KOTRA to launch the new MB Visa Hi BIZ corporate card. Positioned as a modern financial management tool, it helps businesses streamline operations and expand international trade.
Next-Generation Spending Management Tool for Businesses
The new MB Visa Hi BIZ card integrates credit and debit functions, supporting flexible spending on business trips, advertising, bookings, and software. Its minimalist design reflects MB’s professional aesthetic.
Key features include a 1.2% foreign currency conversion fee and up to VND 30 million in annual cashback. These competitive benefits help businesses optimize costs for international and domestic spending related to advertising, digital tools, and business travel.
By connecting to MB’s BIZ ecosystem, the card enables real-time spending monitoring, analysis, and reconciliation. Automated transaction recording reduces manual checks and minimizes operational errors.
Mr. Nguyễn Xuân Cường notes that MB aims to create a “one-touch” financial tool for smart cash flow management. Real-time spending data allows businesses to make more accurate and efficient budget decisions.
Same-Day Vietnam-Korea Payments: A Major Advancement for SMEs
With Vietnam-Korea trade exceeding USD 80 billion in 2024, SMEs often face challenges due to lengthy international payment processes and extensive documentation requirements.
Integrating the Global Trade Payment Platform (GTPP) into the MB Visa Hi BIZ card enables same-day transactions between Vietnamese and Korean businesses, fully digitized and streamlined. This innovation significantly benefits SMEs, which typically struggle with traditional payment methods.
KOTRA representatives believe this solution will standardize trade between the two countries, particularly supporting SMEs. Visa Vietnam also emphasizes that B2B card payments are a global trend, enhancing cash flow transparency for businesses.
Reinforcing Leadership in Corporate Financial Services
In October 2025, Visa awarded MB two titles: “Pioneering Bank in Corporate Card Innovation” and “Pioneering Bank in B2B Payment Solutions for SMEs.” These awards recognize MB’s efforts in developing products that meet business needs and drive digital financial transformation in Vietnam.
The new MB Visa Hi BIZ card reflects MB’s deep understanding of business operational requirements. It is expected to become a primary choice for Vietnamese businesses in spending, reconciliation, and trade activities.
In the past three months, over 15,000 businesses registered for the card, with transaction volumes growing 200% monthly. MB reports that the card has reduced payment and reconciliation processing times by 80% for its users.
The MB Visa Hi BIZ card is more than a payment tool—it’s a comprehensive financial management solution supporting businesses in streamlining operations and expanding international partnerships. Currently free to issue with a waived first-year annual fee, it marks the beginning of the BIZ MBBANK ecosystem, a leading digital bank for businesses.
Businesses can register via MBBank’s website, the MB247 hotline (1900 9045), BIZ Helper, or at any MB branch nationwide.
Service
– 16:45 19/11/2025
Transforming VNeID into the Ultimate Citizen-Government Communication Channel: A Mandate for the Ministry of Public Security
VNeID is the premier platform for seamlessly accessing online public services and efficiently resolving administrative procedures.
HDBank Partners with RAR Center – Ministry of Public Security: Integrating VNeID for Seamless Digital Customer Experience
On November 14, 2025, HDBank and the Research and Application Center for Population Data and Citizen Identity (RAR Center) under the Ministry of Public Security formalized a strategic partnership. This collaboration integrates the national digital identity platform, VNeID, into the HDBank app, enabling customers to open accounts online faster, more securely, and entirely paperless.
Banks Embrace Thinner NIMs Proactively
In the future, the game-changer for banks won’t solely be access to cheap capital, but rather the efficiency of their operational frameworks. The bank that leads in digital transformation, slashes operational costs, and proactively maintains a low net interest margin (NIM) to offer competitive lending rates will secure a significant competitive edge in the market.
HDBank Honored by Visa with Two Prestigious Awards
HDBank (HOSE: HDB), a leading Vietnamese commercial bank, has been recognized by Visa with two prestigious awards: Leadership in Card Activation Growth 2025 and Accelerated Digital Marketing Excellence 2025. These accolades highlight HDBank’s exceptional performance in driving card activation and its innovative approach to digital marketing strategies.
Latest Updates on Land Use Rights Certificates: Essential Information for All Vietnamese Citizens
Starting today, citizens can conveniently submit their land-use right certificates via the VNeID platform to government agencies, eliminating the need for physical photocopy submissions.
