Arobid Technology signs a Memorandum of Understanding (MoU) with High West Capital Partners to roll-out a financial air package that will help Vietnamese businesses in smart exports to the US. (Photo: VGP/DA)

Developed by Arobid and Ecohub, the platform integrates AI, Big Data, 3D virtual showrooms, and market analytics, which allows Vietnamese and Singaporean companies to find business partners, sign contracts, and showcase their products in a digital environment. 

The launch was part of the Vietnam - Singapore Sustainable - Innovation Trade Forum, co-organized by the Vietnam Trade Office in Singapore, the Singapore Manufacturing Federation (SMF), Ho Chi Minh City’s Union of Business Association (HUBA), and tech companies Arobid and Ecohub.

Speaking at the event, SMF President Lennon Tan said that the Vietnamese and Singaporean economies naturally and positively complement each other. The new platform will bring both sides many benefits, including a free-to-list digital marketplace, recruitment, AI-powered matchmaking, integrated logistics, escrow payments, and dispute prevention.

It will also serve as a precursor to the ASEAN Digital Economy Framework Agreement (DEFA), which is expected to be finalized later this year.