The mass implementation of the CMO project completed

The mass implementation phase of the CMO project “Building Centralized Treasury Issuance and Management System for the State Bank of Vietnam” has been completed by FPT IS ERP.

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25/12/2012

The mass implementation of CMO project for the State Bank of Vietnam has been completed successfully.

Technical staff of FPT IS ERP involved in the data migration and authorization, providing timely and efficient technical support for 61 units participating the mass implementation; organized and conducted successfully seven training courses for 250 learners from the bank’s branches across the country and has spent great effort to ensure smooth operation of the system in 69 units of the Bank.
The CMO project was kicked off on January 21, 2011. It aimed to standardize and centralize information; manipulate cash flow to ensure sufficient cash supply for the economy; secure the printing and making of valuable papers; issue and regulate cash flow; destroy degraded money and expired valuable papers; delivery, transfer and reserve money, gold and other precious metals at national treasuries and support the analysis and decision making process of the State Bank.
The State Bank of Vietnam is one of the first central banks in South East Asia to apply ERP system in day-to-day operation.