VTC brought online TV to Internet

November 10, 2003
Posted by: Đào Nhật Minh
Category: Success stories

VTC has formally brought Vietnam Television online to Internet users for SEAGAME event since November 2003.

Especially, it is first time in Vietnam MPEG4-H264 technology, the newest video codec, is used to stream television online. In the first stage, VTC streams 2 channels with high quality. It also provides video clips on demand organized by categories.

For the first month since brought system online, there have been thousands of people accessing the website to watch television. Most of them are from abroad where do not have much information about Vietnam.

With the new technology, video quality is improved obviously. Coming with television online system is a content management system that allows VTC staffs to put news and videos to the website. With a great effort, Hyperlogy has built the whole system only in 20 days.

The special feature of BAOVIET Bank’s Smart RM system is its upgraded version that integrates a Loan Origination System (LOS), which helps reduce the bank’s costs by 15-30%, saves up to 30% of time, and improves efficiency by up to 40%.

Director Ngo Duc Anh

Director of Electronic Banking Card Center, BAOVIET Bank

Smart Form contributes to lowering the average transaction time to 5-7 minutes per transaction, assists ABBank attract more than 368,000 new customers, cutting down operating expenses by 300 billion VND annually, and increasing the revenue by more than 10 billion VND in service fees.

CEO Le Hai

General Manager, An Binh Commercial Joint Stock Bank

We use Smart Form of Hyperlogy as an unified platform for all online systems as well as teller’s ones at all branches. Then all customer data is centralized into a single database. This unified data system helps us to access and understand every aspect of our customers, bringing high efficiency.

CIO Tran Viet Thang

Member of Management Board - Director of Banking Technology Division, An Binh Commercial Joint Stock Bank (ABBank)

In 2018, Military Bank had 2.6 million active accounts, 1 million more than the previous year. Revenue from MB’s branches increased 40% as digitization helps to make business decisions quickly. In 2018, MB’s processing speed and credit offering to individual customers decreased by 40%, decreased by 24% for SMEs compared to 2017.

Vice Chairman – CEO Luu Trung Thai

Vice Chairman - CEO, Military Commercial Joint Stock Bank (MB)

By adopting iHCM cloud in our organization, we reduce data processing time up to 80% and improve productivity by 30% in three consecutive quarters. iHCM is an effective performance management software for IEIT.

Assoc. Prof – Dr.Sc Nguyen Van Minh

Director, IEIT Institute, Foreign Trade University

VTC brought online TV to Internet

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