TIS Inc. becomes strategic shareholder of Tinh Van Group.
2018-06-20 09:00:31
On June 20, 2018, the procedures under the investment agreement of TIS Inc. (TIS), a member of TIS INTEC Group, into Tinh Van Group (Tinh Van) were completed. Accordingly, TIS officially invested in Tinh Van, while also cooperating in finance and business to promote IT market segments that are the strengths of both parties, such as banking and finance, payment, fintech, education, software export, and research and development.
TIS INTEC Group is a leading IT conglomerate in Japan and a top company in the payment systems field, especially TIS is one of the companies with the largest market share in credit card and debit card transaction processing in Japan. With a revenue scale of over 4 billion USD and more than 20,000 employees, TIS operates mainly in system integration, data centers, etc. TIS has a network of companies in the US, China, Indonesia, Singapore, Thailand, and Vietnam. With this system of member companies, TIS delivers global IT services that are top-quality, reliable, and efficient. In Vietnam, in addition to its representative office in Ho Chi Minh City, TIS also has Agrex Vietnam (Hanoi), a BPO company providing Japanese data entry services, and INTEC Vietnam (Ho Chi Minh City), providing IT services for clients in Japan.
Tinh Van is an IT conglomerate in Vietnam. With over 20 years of establishment and development, a professional team, distinctive culture, and stable growth, Tinh Van has always been one of the leading IT units, especially in software solutions for education, banking and finance, enterprise, e-government, software outsourcing, and content technology. Tinh Van operates an effective quality management system with ISO-9001, ISO-27001, and CMMi-3 certifications, successfully deploying many large-scale software projects in Vietnam. Tinh Van's products are widely used domestically, such as HiStaff, Libol, Clever, Foldio, eFile, Classbook... With its Go Global strategy, Tinh Van invested and established Tinh Van Japan branch in Tokyo, Japan in November 2016.
Mr. Toru Kuwano, President of TIS Inc., stated that TIS found in Tinh Van a resonance in development strategy, research and technology deployment capabilities, and similar business philosophy, thereby believing that the two sides will become strong and effective partners. According to Mr. Hoang To, Chairman of the Board of Tinh Van, with the companionship of TIS, Tinh Van will certainly achieve new developments in products and services for the government, enterprise, and banking and finance markets in Vietnam, bringing genuine value to customers, as well as having more opportunities to bring its products and services to the world. Tinh Van employees will also benefit from many special training courses and continuously have opportunities to participate in multinational projects.
Business cooperation kick-off ceremony between TIS and Tinh Van.
Mr. Toru Kuwano – President of TIS (left) and Mr. Hoang To – Chairman of Tinh Van (right)