Promoting AI applications in securities and insurance

National digital transformation is creating profound changes

According to experts, the upgrade is expected to open a strong wave of international investment. HSBC forecasts that in the first 6 months, passive investment capital flows into the market may increase by 1.5-2 billion USD. The World Bank also forecasts that short-term capital flows of about 5 billion USD will flow into Vietnam before and after the upgrade, from both active and passive investors. In the long term, by 2030, Vietnam strives to achieve the criteria of "emerging market" of MSCI and "advanced emerging market" of FTSE Russell.

This not only requires the Vietnamese financial and securities system to be modern, transparent and have higher data management capacity, but also opens up a golden opportunity for financial institutions to invest in AI and data infrastructure – two key pillars to help upgrade operational capacity and international investor confidence.

Colonel, Dr. Nguyen Hong Quan - Director of the Training Center of the Department of Cyber Security and High-Tech Crime Prevention (A05) said: “Previously, personal data protection was only considered a derivative right of privacy, but now it has become a core citizen right. If not protected, personal data will become a gold mine for cybercriminals, leading to the risk of users having their data exploited, privacy and property violated.

In the securities industry, financial data is the most sensitive data - from transactions, fluctuations or asset growth. If criminals collect it, there will be many ways to invade our privacy and assets, so the need for protection is mandatory. We are ready to accompany businesses in training and guiding them to comply with the latest regulations on personal data protection.

The event attracted more than 70 leaders of securities and insurance businesses.

Sharing the importance of data management in the securities and finance sector, Ms. Hoang Hai Anh - Vice President and General Secretary of the Vietnam Securities Business Association said: “National digital transformation is creating profound changes in the fields of finance, securities and insurance. The national population database is becoming a reliable data platform, contributing to increasing transparency and minimizing risks in the entire ecosystem. When financial institutions invest heavily in AI and digital infrastructure, perfecting the legal framework and supporting policies will be an important stepping stone for safe and sustainable development. With the support of management agencies, businesses and technology partners, Vietnam can completely build a transparent, safe and effective data - AI ecosystem, improve national competitiveness and strengthen investor confidence”.

AI - "Billion dollar" leverage for the stock market

Thanks to its role as NVIDIA's cloud service partner, GreenNode has the advantage of early access to NVIDIA's new generation of GPUs, thereby developing a comprehensive AI solution ecosystem to serve Vietnamese businesses, from big data processing to applying advanced AI models such as LLM.

At the event, many solutions were introduced, helping financial enterprises not only adapt flexibly to new waves of regulations but also turn data into a core competitive advantage. That is the intelligent document processing solution (IDP) that supports the automation of data entry, reconciliation and document processing, ensuring "clean - correct - safe" data according to new legal standards.

For example, Fuse Vietnam - the leading digital insurance platform in the region has applied GreenNode IDP to automate the entire input document processing process, helping to minimize operational errors and optimize personnel costs. In addition, this solution also helps banks effectively process more than 200 types of documents, reduce 70% of data entry errors and ⅓ of employee working time, saving more than 2,000 working days and tens of billions of VND each year.

Data Bloom - a platform for synthesizing, processing and analyzing big data combined with AI applications, helps businesses convert disparate data warehouses into valuable strategic assets, and make decisions faster and more accurately. Thanks to this platform, many insurance companies have easily created reports analyzing customer consumption behavior, even integrating AI assistants to support profile entry, product lookup or claim processing.

Mr. Vu Thanh Tung, Director of AI Cloud of GreenNode shared at the workshop.

AI Platform and GreenMind LLM large language model: In which, AI Platform is a comprehensive platform that helps businesses train models and build AI applications suitable for their operational characteristics, instead of depending on available AI models. GreenMind is the first “Make in Vietnam” LLM model integrated on NVIDIA NIM. Trained on more than 55,000 multi-disciplinary Vietnamese data samples, GreenMind has the ability to process natural language and deeply reflect the cultural and legal context of Vietnam. With AI Platform or GreenMind, businesses in the insurance - securities sector can build intelligent AI virtual assistants, support data analysis specialists, predict investment trends and provide personalized consulting services according to customer behavior.

Mr. Vu Thanh Tung, Director of AI Cloud at GreenNode shared: “GreenNode pursues the goal of building a sovereign AI platform in Vietnam – where organizations, especially in the fields of Finance, Banking and Insurance, can exploit the power of AI and data in an efficient, safe and legally compliant manner. We develop solutions designed for the needs of Vietnamese businesses, operating on domestic infrastructure, helping them to be more proactive, not dependent on foreign platforms – thereby creating a sustainable competitive advantage”.

Meanwhile, Ms. Phung Vuong, Vinfast's global data protection director, emphasized that Vietnamese businesses should apply the "data privacy by design" approach, which means placing data protection and users' personal privacy at the forefront of product development, instead of waiting for the service to be deployed on a large scale before implementing data protection.

Also within the framework of the workshop, experts assessed that the cooperation between GreenNode, NVIDIA, TechData and F5 not only has the meaning of promoting technology, but also contributes to shaping the national AI capacity in the period of Vietnam's comprehensive digital transformation. Along with policies such as the National Artificial Intelligence Development Strategy or the Law on Personal Data Protection (effective from January 1, 2026), Vietnam is building a favorable legal corridor and digital infrastructure to form a transparent, efficient and data-secure financial system, an indispensable foundation of an emerging stock market.

This event also demonstrates the pioneering role of VNG and GreenNode in the journey of "AI-izing" the Vietnamese financial industry, turning data into strategic assets for long-term growth, building highly personalized securities and insurance products and services for customers.

Previously, on October 8, 2025, FTSE Russell, a market rating organization, announced that Vietnam's stock market would be officially upgraded from a frontier market to a secondary emerging market from September 2026.

According to the report “Overview of Vietnam Insurance Market in 2024” by the Vietnam Insurance Association, the total insurance premium revenue of the whole market reached 227,500 billion VND, reflecting the scale and rapid growth of the industry. Meanwhile, the Securities industry with more than 10.2 million individual accounts is facing huge data processing requirements, along with pressure to ensure information security and stability of the trading system.

Hoang Phuong

Source: https://doanhnghiepvn.vn/cong-nghe/thuc-day-ung-dung-ai-trong-chung-khoan-bao-hiem/20251017020146242