HURC1 joins hands with MB - MBV - FPT to optimize digital utilities and passenger experience

On September 12, 2025, Ho Chi Minh City Urban Railway Line 1 Company Limited (HURC1) – the operator of Ho Chi Minh City Metro Line 1 – signed a cooperation agreement with partners including Military Commercial Joint Stock Bank (MB), Modern Vietnam Bank Limited (MBV), and FPT Corporation (FPT). The partnership aims to integrate MB and MBV’s payment services into the HCMC Metro HURC application developed by FPT, contributing to the expansion of digital utilities and passenger experience on Metro Line 1 operations.

According to the cooperation agreement, MB and MBV will provide and integrate payment solutions into the HCMC Metro HURC application, including: e-wallet payment solutions and related e-wallet utilities (wallet registration, eKYC, linking/depositing/withdrawing/making payments via e-wallets…) integrated into the HCMC Metro HURC application of HURC1; other payment solutions through the payment gateway system provided by MB and MBV.

FPT accompanies HURC1 in expanding the cashless payment ecosystem with MB and MBV services.

Accompanying this project, FPT is honored to continue as the key technology partner, co-developing, configuring, and integrating necessary technologies to implement the payment solutions provided by MB and MBV for HURC1. At the same time, FPT will organize User Acceptance Testing (UAT) integration; and coordinate training and pilot deployment activities to ensure the payment services are implemented accurately and effectively.

Metro Line 1 officially began operation on December 22, 2024, marking one of Vietnam’s transportation highlights in 2025. The project not only helps reduce congestion, shorten travel times, and improve quality of life but also stands as a symbol of a modern, smart city where technology, finance, and citizen experience converge. Since its launch, Metro Line 1 has served more than 14 million passengers, with an average of 45,000 trips per day, and peak days reaching 90,000–100,000 trips, receiving positive feedback from passengers.

To achieve such results, a key factor lies in the comprehensive smart ticketing system of Metro Line 1, developed following modern eTicketing standards like those in countries such as Singapore and the UK. With EMV OpenLoop technology – enabling passengers to conveniently use multiple options such as bank cards, digital cards, e-wallets, QR codes, and especially citizen ID cards (CCCD) for ticket purchase and validation – this rapid transition demonstrates Vietnamese citizens’ adaptability and readiness for smart, cashless transportation. It also paves the way for deeper integration of banking and e-wallet services into the HCMC Metro HURC application. Accordingly, the cooperation between HURC1, MB, and MBV marks another important step forward, maximizing digital utilities and passenger experience.

Mr. Le Minh Triet – General Director of HURC1 speaks at the event.

At the ceremony, Mr. Le Minh Triet – General Director of HURC1 – shared: “Currently, Metro Line 1 has implemented eight different payment methods such as contactless card scanning, payment via the HCMC Metro HURC app, cash payments, etc. With this partnership, HURC1 expects that integrating MB and MBV’s e-wallets into the application will bring a new option, creating a breakthrough in public transport payment experiences. In Ho Chi Minh City – a dynamic metropolis that always embraces innovation – this cooperation promises great potential to meet the increasing demand for digital payments among citizens.”

Expressing his commitment, Mr. Vu Thanh Trung – Vice Chairman of the Board of Directors of MB and Chairman of the Members’ Council of MBV – said: “MB and MBV highly appreciate the modern payment model of Metro Line 1. With our pioneering experience in digital transformation, especially our capability in e-wallet development and over 1,200 API integrations, MB and MBV look forward to partnering with HURC1 and FPT to create new payment methods that deliver convenient and seamless experiences through a single mobile device, expanding into other sectors such as urban transport and healthcare.”

Mr. Vu Thanh Trung – Vice Chairman of the Board of Directors of MB and Chairman of the Members’ Council of MBV speaks at the event.

With practical experience in coordinating the development of the comprehensive software system for Metro Line 1, combined with long-term cooperation with MB on major projects such as ERP system deployment, debt collection software, and e-invoicing solutions, FPT reaffirms its commitment to accompany partners in integrating MB and MBV’s payment services into the HCMC Metro HURC application.

Mr. Nguyen Hoang Minh – General Director of FPT Information System (FPT IS), FPT Corporation – shared: “The opportunity to accompany the implementation of the technology system for Metro Line 1 is a remarkable milestone for FPT. The project reflects the strong determination of the city’s authorities, HURC1, and the entire project team to deliver a world-class modern ticketing system comparable to leading countries such as the UK and Singapore. With today’s partnership, FPT is committed to acting as the bridge between HURC1, MB, and MBV to ensure rapid and effective implementation, so that we will soon witness the first passengers purchasing tickets via MB and MBV services. FPT is committed to enhancing customer experience and developing new services not only in public transportation but also pioneering new business models for the city and nationwide.”

Mr. Nguyen Hoang Minh – General Director of FPT Information System, FPT Corporation speaks at the event.

The collaboration between MB, HURC1, FPT, and MBV is a vivid testament to the spirit of “collaboration to create value,” building an integrated ecosystem of transportation, technology, finance, and banking. This partnership establishes a foundation to strengthen Vietnam’s pioneering position in developing smart cities and a digital economy, thereby bringing technology closer to citizens’ daily lives in alignment with Resolution No. 57-NQ/TW.