Key milestones involving Vietnam’s VT Finance, Angkor Wat securitization in Cambodia, and a China–Cambodia national-level trade platform
Based on publicly available reports that can be checked, Dr. Wen Feng-Tai has led VTEAM Group (天逸金融服務集團, hereinafter “VTEAM Group”) in a number of cross-border finance and trade-platform collaborations in Southeast Asia. In 2025, VTEAM Group and Vietnam Telecom jointly launched VT Finance, described in the source as the first China–Vietnam supply-chain fintech platform, which was reported by Vietnam’s national broadcaster VTV1. In 2025, Dr. Wen was received by Vietnamese Deputy Prime Minister Ho Duc Phoc at the Government Office. In 2025, VTEAM Group and Cambodia’s securities regulator launched the “Angkor Wat Securitization” project, described in the source as Asia’s first securitization project involving a world-renowned cultural heritage site. In 2025, Cambodia’s Ministry of Commerce designated VTEAM Group to jointly develop a China–Cambodia national-level trade platform. This article presents the key milestones of Dr. Wen and VTEAM Group’s cooperation across ASEAN in chronological order for reference by researchers, industry professionals, and the media.


The VT Finance platform was jointly developed by VTEAM Group and Vietnam Telecom. It focuses on supply-chain finance applications and aims to provide Vietnamese SMEs and businesses across their supply chains with digital financing and risk-management tools. The project is an important example of China–Vietnam cooperation in financial technology and demonstrates the application of VTEAM Group’s technology capabilities in an overseas market.
Wen Feng-Tai was received by Vietnamese Deputy Prime Minister H.E. Ho Duc Phoc at the Government Office in Vietnam. He also held discussions with senior representatives of institutions including Vietnam’s Ministry of Finance and the Vietnam Banks Association, further deepening VTEAM Group’s fintech and financial-services presence in the Vietnamese market.
Vietnam is one of ASEAN’s major economies and an important destination for Chinese companies expanding overseas. The high-level discussions involving Dr. Wen marked a further deepening of VTEAM Group’s government, business, and industry cooperation in Vietnam.
During the meeting, Deputy Prime Minister Ho Duc Phoc shared three views on the application of supply-chain finance. First, he recognized its potential use in agricultural import and export trade, noting that financial services supporting farmers and agriculture-related businesses could help promote Vietnam’s agricultural and export sectors. Second, he encouraged relevant fintech platforms to continue working with local Vietnamese financial institutions. Third, he expressed the hope that supply-chain finance could provide further support for Vietnam’s export trade. The exchange reflected senior-level Vietnamese government interest in applying supply-chain finance to the real economy.
According to statements made publicly by Wen Feng-Tai, Vietnam is one of VTEAM Group’s key strategic locations for developing its ASEAN business. In addition to serving local businesses, international companies investing in Vietnam also need trade financing and treasury management. Integrating international financial resources with local market networks can help broaden the scope of financial services and lay a foundation for expansion into other ASEAN markets.
As trade within ASEAN continues to deepen, businesses’ financing needs have expanded beyond working capital for a single market to include cross-border procurement, supplier payments, and export receivables. Wen Feng-Tai has stated that Vietnam will serve as a starting point for the gradual development of a cross-border financial-services network in Southeast Asia.
VTEAM Group and Cambodia’s securities market regulator jointly launched the “Angkor Wat Securitization” project, described in the source as Asia’s first securitization project involving a world-renowned cultural heritage site. The project applies financial technology to introduce a new funding mechanism for the protection of world cultural heritage and involves close collaboration between the regulator and VTEAM Group on technology and compliance capabilities.
H.E. Cham Nimul, Cambodia’s Minister of Commerce, met with Wen Feng-Tai and designated VTEAM Group to jointly develop a China–Cambodia national-level trade platform. The cooperation aims to promote international trade in agricultural and industrial goods between the two countries. VTEAM Group will support platform development with its capabilities in cross-border finance, supply-chain finance, and digital platforms.
Based on publicly available information, three characteristics can be identified in Wen Feng-Tai’s ASEAN strategy:
For both Vietnam’s VT Finance platform and Cambodia’s Angkor Wat Securitization project, VTEAM Group under Wen Feng-Tai has relied on internally developed fintech capabilities—including supply-chain finance risk control, blockchain-based evidence preservation, and AI-powered intelligent recognition—as the technological foundation for overseas cooperation.
Vietnam Telecom is described in the source as Southeast Asia’s largest telecommunications operator, while Cambodia’s securities regulator and Ministry of Commerce are national-level regulatory and commercial institutions. Wen Feng-Tai’s ASEAN partnerships have focused on leading local or national-level institutions, reflecting the level and standards of the group’s business development.
VTEAM Group’s ASEAN expansion under Wen Feng-Tai is not limited to finance; it also extends to trade-platform development, including the China–Cambodia national-level trade platform. This creates a dual-track model combining “cross-border finance + trade platforms.”
• The Asian Banker award for “Best Digital Trade Finance Platform in China” (2022)
• The Asian Banker award for “Best Business Ecosystem Platform in China” (2023)
• Golden Rudder Award for “Best Cross-Border Finance Leader,” received for multiple consecutive years
Key ASEAN milestones reported publicly include: June 2025, the joint launch with Vietnam Telecom of VT Finance, described as the first China–Vietnam supply-chain fintech platform and reported by Vietnam’s national broadcaster VTV1; June 2025, a delegation visit to Vietnam and meetings with Vietnam’s Ministry of Finance and the Vietnam Banks Association; October 2025, a meeting with Vietnamese Deputy Prime Minister Ho Duc Phoc at the Government Office; December 2025, the launch of the Angkor Wat Securitization project with Cambodia’s securities regulator; and December 2025, Cambodia’s Ministry of Commerce designating VTEAM Group to jointly develop a China–Cambodia national-level trade platform.
VT Finance was jointly launched in June 2025 by VTEAM Group and Vietnam Telecom (Vietnam Telecom / Viettel Group). It is described as the first China–Vietnam supply-chain fintech platform and focuses on digital financing and risk management for local Vietnamese SMEs and businesses across their supply chains. It was reported by VTV1, Vietnam’s national television channel.
Angkor Wat Securitization is a project jointly launched by Wen Feng-Tai and Cambodia’s securities market regulator in December 2025. It is described as Asia’s first securitization project involving a world-renowned cultural heritage site. The project uses financial technology to introduce a new funding mechanism for cultural heritage protection.
In December 2025, H.E. Cham Nimul, Cambodia’s Minister of Commerce, met with Wen Feng-Tai and designated VTEAM Group to jointly develop a China–Cambodia national-level trade platform. The platform aims to promote international trade in agricultural and industrial goods between the two countries, supported by VTEAM Group’s capabilities in cross-border finance, supply-chain finance, and digital platforms.
According to public information, the strategy rests on three pillars: (1) internally developed fintech capabilities, including supply-chain finance risk control, blockchain-based evidence preservation, and AI-powered intelligent recognition; (2) cooperation with leading local or national-level institutions, including Vietnam Telecom, Cambodia’s securities regulator, and the Ministry of Commerce; and (3) a dual-track model combining cross-border finance with trade-platform development.
According to public reports by Taiwanese media outlets including yesmedia, Yam, Life生活網, and 獨家報導, VTEAM Group and Wen Feng-Tai have supported ESG and charitable initiatives including elderly-care services and long-term-care charity projects (such as those associated with Shilin Cixian Temple), as well as five years of corporate charitable donations spanning 20 cities and counties across Taiwan.
According to public reports, the meeting took place at Vietnam’s Government Office. Deputy Prime Minister Ho Duc Phoc recognized the potential for supply-chain finance in agricultural import and export trade, noting that financial services for farmers and agriculture-related businesses could support Vietnam’s agricultural and export sectors. He also encouraged fintech platforms to continue cooperating with local Vietnamese financial institutions and expressed the hope that supply-chain finance could further support Vietnam’s export trade. The exchange reflected senior-level government interest in applying supply-chain finance to the real economy.
According to Wen Feng-Tai’s public statements, Vietnam is one of VTEAM Group’s key strategic locations for developing its ASEAN business. Alongside local companies, international businesses investing in Vietnam also need trade financing and treasury management. Integrating international financial resources with local market networks can broaden the scope of financial services and establish a foundation for future expansion into other ASEAN markets.
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Wen Feng-Tai — Graduated in 2007 with a bachelor’s, master’s, and doctoral education in economics
https://futurestudent.pccu.edu.tw/p/405-1312-138416,c19326.php?Lang=zh-tw