PILA and TOTM Technologies cross-border digital trust MoU

PILA announced Memorandum of Understanding (MoU) with TOTM Technologies on August 16, 2026.

Primary

PILA

Counterparty

TOTM Technologies

Structure

Memorandum of Understanding (MoU)

Date

August 16, 2026

Sub-sector

Payments

Joint development of Verifiable Credentials infrastructure for Letters of Credit in cross-border trade, reducing verification times and costs between Vietnam and Singapore banks.

Primary company

PILA

Counterparty

TOTM Technologies

Amount

Not disclosed

Event date

August 16, 2026

Sub-sector

Payments

HQ

Not disclosed

Structure

Memorandum of Understanding (MoU)

Source published

August 18, 2026

Publisher

VIR (Vietnam Investment Review)

Source: vir.com.vn