Timo has just designed a new feature to donate for Vietnam Covid-19 Vaccine Fund right on its phone application. Now users can easily donate within seconds to support our country and spread the positive spirit against the epidemic. So what does Timo’s Vaccine Donate feature does, and how to use it?   

What is Vietnam Covid Vaccine Fund?   

Vietnam Covid-19 Vaccine Fund was established on June 5th, 2021, aiming to collect all national and international contributions, along with the government budget to purchase & import vaccines for Vietnam citizens to get vaccinated. Every single personal or organizational contribution is appreciated deeply.   

What’s new in Timo’s Vaccine Donate feature?   

When our country calls for help, Timo responds immediately. To support the community, Timo has just released its latest feature of donating for Vietnam Covid-19 Vaccine Fund right on the mobile app. So that every user can log in and donate anytime, anywhere using the Timo app.  

This feature will enable your ability to express your love and support to our country by making donate simpler and faster. All contributions will be sent directly to the official account of the Vietnam Covid-19 Vaccine Fund to ensure transparency, publicity, and effectiveness.   

The Vietnam Covid-19 Funds is truly the fund of compassion, support, belief and united for Vietnam to fight against pandemics and recover strongly as we all are.  

How to use this feature?  

  • Tap “Donate Now” on the main dashboard banner.   
  • Enter your desired amount & your description/ message.  
  • Tap “Donate now” to confirm your transaction.     

1. Duration of promotion: From 21/07/2021 to the end of 21/08/2021

2. Who can participate:

Vietnamese citizens or Expatriates living and working legally in Vietnam, over the age of 18 and is a Timo customer who has registered and owned a Timo account from January 1, 2021 to before the time of the promotion, but has not yet transferred money to Timo account and have an account balance ranging from 0 to 50,000 VND (the amount received from other promotions – if any).
Note: Staff of Viet Capital Bank, employees of the company that operates the Timo App, partner companies and promotional partners (including advertisers and media) are not allowed to participate in this program
3. Term and conditions for Reward:

During the Promotion duration, the Customer has at least 01 transfer transaction to their Timo account with a minimum value of 200,000 VND (calculated on 01 transaction) and successfully makes 03 of the transactions as regulated with a Timo account will receive a cash incentive of VND 50,000 (“Reward”).

Details of Reward:

Type of participationValue of Reward
Deposit at least 200,000 VND into your Timo account50,000 VND
Makes 03 of the following transactions:
• 01 successfully investment transaction (minimum VND 2,000,000)
• 01 successfully term deposit transaction (minimum VND 1,000,000)
• 01 successfully bill pay transaction (minimum VND 50,000)
• 01 successfully phone top-up transaction (minimum VND 20,000)
• 01 successfully connect & top-up of e-wallets like MoMo or ZaloPay (minimum 30,000 VND)
  • Timo Account: An account of Viet Capital Bank with code 800, 900, 901 or other code specified by Bank from time to time.
  • Each customer is only eligible for 01 reward.

4. Reward:

1,999 Offer (cash) worth VND 50,000 (Fifty thousand VND) will be transferred directly to the Customer’s Timo Account.

Total reward price: 99.950.000 đ (ninety million dong).

Notice: Customers must be one of the first 1,999 people to meet the qualification criteria during the promotion period.

5. Notifying customer:

Within 30 (thirty) days from the end of the promotion, the Customer will receive a notification of the Reward via their registered email and/or via the Timo app.

6. How to join the campaign:

6.1. To make an investment transaction, customers need to perform the following steps:

  • Step 1: Log in to Timo app, go to “Investment“, choose “Start“.
  • Step 2: Select the product you want to invest in, choose “Create an account and invest”.
  • Step 3: Select the amount you want to invest, tap “Transfer investment money to the fund“.
  • Step 4: Select “Agree” to the Terms & Conditions.
  • Step 5: Check the information, choose “Transfer“.

6.2. To make a term deposit transaction, customers need to perform the following steps:

  • Step 1: Log in to Timo application, tap “Term Deposit“ at the Main dashboard.
  • Step 2: Select “Open Savings Account”, enter Savings account information including name of Savings account, amount you want to save and term of Savings account.
  • Step 3: Check the information, choose “Next“.

6.3. To make a phone top-up transaction, customers need to perform the following steps:

  • Step 1: Log in to Timo app, tap “” at the Main dashboard.
  • Step 2: Choose “Top up“, enter the phone number and the amount you want to top up, select “TOP UP“.
  • Step 3: Enter the iOTP code and complete.

6.4. To make a bill pay transaction, customers need to perform the following steps:

  • Step 1: Log in to Timo app, tap “Bill Pay” at the Main dashboard.
  • Step 2: Select “+” to create new Invoice information, select the type of Invoice you want to create.
  • Step 3: Select a service provider, select “Get Bill“.
  • Step 4: Enter the customer code registered with the service provider, select “Get Bill
  • Step 5: Enter the amount you want to pay, tap “Pay Bill”
  • Step 6: Enter the iOTP code and complete.

6.5. To connect and top-up of e-wallers like MoMo or ZaloPay, Customers follow the process of MoMo or ZaloPay applications.

7. General regulations:

  • Participants receiving the Reward are responsible for all expenses incurred in connection with receiving the gift including but not limited to personal income tax, related taxes, travel expenses for card opening and other relevant expenses (if any)…
  • Each customer is only eligible for 01 reward. Organization Committee has the right to request additional documents to sign and receive the Reward.
  • Customers are responsible for coordinating, implementing and complying with the procedures and procedures of the Organization Committee for Timo Account.
  • The Organization Committee is the final decision-maker in the consideration of the reward.
  • The incentive is not awarded in the following cases:
    • Customer refuses to receive the incentive.
    • Customer does not fully perform the steps specified in Section 4 of this Regulation during the Program period.
    • Customers are not among the first 1,999 people to fully complete the steps listed in section 4 of this document during the Program period.
    • The Customer does not cooperate, perform and does not comply with the procedures, process and regulations of the Organization Committee.
    • The number of Rewards is exhausted before the end of a Promotion.
  • By participating in this promotion program, customers are bound to accept all Terms and Conditions of the program, all the amendments (if any) and all the Terms and Conditions of the Timo ATM Debit card and Timo Spend Account as per relevant laws…
  • For underwriting procedure, Organization Committee has the right to request additional documents to verify the opening of a Timo Account (if necessary)
  • The Organization Committee may change or adjust the terms and conditions of the Promotion accordingly and the adjustment (if any) will be made public via the Customer’s email registration or via relevant communication channels.
  • The deadlines for submitting complaints and disputes about the campaign is 30 days from the campaign end date. Pass the above time limit, complaints and disputes will not be valid.

8. Contact point:   

The first digital bank in Vietnam, Timo has become one of the sponsors accompanying the “Build On, Vietnam 2021” programme, an intellectual playground for students who love to explore cloud computing technology in Vietnam.

At the opening ceremony of the “Build On, Vietnam 2021” held on July 15, Nguyen Quang Minh, deputy CEO, Partnership at Timo said that the event welcomes programmers who are passionate about cloud computing technology, innovation, and technology solutions to solve sponsors’ and judges challenges.

The “Build On, Vietnam 2021” programme is a hackathon organised by Amazon Web Services (AWS) in collaboration with VnDXE.

“With the long-term goal of becoming one of the best banks in Vietnam, Timo quickly understood the importance of digital transformation and embracing the cloud – an inevitable technology trend for the financial sector,” Minh said.

Nguyen Quang Minh, Deputy CEO, Partnership of Timo Digital Bank at the opening ceremony

Attending the opening ceremony were Tran Van Tung, deputy minister of Science and Technology; Tang Ngoc Truong An, general director of VnDXE; Ha Hai Nam, deputy director of the Vietnam National Institute of Software and Digital Content Industry; Nguyen Minh Hong, chairman of Vietnam Digital Communications Association; as well as representatives from AWS and partners accompanying the programme.

With a vision to become a friendly, creative, and ideal workplace, Timo is fostering, training, and developing young talents in the company and other young people who love technology and choose to work in the financial sector. In the next 5-10 years, the Vietnamese market will have many talented and experienced young people who can meet the strong development and increasing competition in the Vietnamese market.

Partners & Sponsors of “Build On, Vietnam 2021”

Sharing at the event, Julian Lau, Public Sector Emerging Markets Development manager at AWS said that when schools switch to online learning during the pandemic, using online attendance systems or streaming a video lecture means the student has used cloud computing. Cloud computing is the backend infrastructure, supporting many apps and platforms such as Zoom, Netflix, and Twitch.

Besides commercial companies, cloud computing is also widely used in the public sector such as educational institutions, government agencies, and healthcare organisations which use cloud technology to solve public challenges and build a framework for smart city development.

“We provide students with the opportunity to experience cloud computing and use it to make a positive impact on the community with the power of technology,” said Lau. “As a result, AWS is excited to announce the launch of ‘Build On, Vietnam 2021’, a competitive exam that challenges students to create technological innovations and solutions to address the challenges which the sponsors are facing. We hope students will utilise services from virtual machines, IoT, AI, machine learning, and databases to create innovative solutions that can contribute to the digitisation of cloud computing in Vietnam with AWS,” he added

“Build on, Vietnam 2021” is a hackathon organized by Amazon Website Service in collaboration with VnDXE

1. Duration of promotion: From 02/07/2021 to end of 31/07/2021

2. Who can participate:

Vietnamese citizens or Expatriates living and working legally in Vietnam, over the age of 18 and who does not have a Timo account with Viet Capital Bank.
Note: Staff of Viet Capital Bank, employees of the company that operates the Timo App, partner companies and promotional partners (including advertisers and media) are not allowed to participate in this program
3. Term and conditions for Reward:

New customer who successfully opens a Timo Account using the BravoHR App will receive a cash incentive of VND 50,000 (“Reward“).

After successfully opening aTimo account, customer who continue to make investment and/or deposit transactions with their Timo Account during the program period will receive additional gift codes (“Gifts”).

Details of Reward and Gifts:

Type of participationValue of Offer/GiftsNotes
Successfully opening Timo account50,000 VND
01 successfully investment transaction
(minimum 2 millions)
Gift code 50,000 VNDAfter successfully opening Timo account
01 successfully term deposit transaction
(minimum 1 million)
Gift code 30,000 VNDAfter successfully opening Timo account
  • Timo Account: An account of Viet Capital Bank with code 800, 900, 901 or other code specified by Bank from time to time.
  • Each customer may receive Offer and Gifts simultaneously. However, each customer can only receive 01 Offer/Gift for each type of participation.

4. Reward:

Offers and Gifts will be transferred directly to Customer’s Timo Account and/or BravoHR app after Customer successfully opens a Timo Account and/or makes a successful specified transaction.

Offers and Gifts are distributed as follows:

Type of participationValue of Offer/GiftsQuantityTotal value
Successfully opening Timo accountVND 50,0001000VND 50,000,000
01 successfully investment transaction
(minimum 2 millions)
Gift code VND 50,000500VND 25,000,000
01 successfully term deposit transaction
(minimum 1 million)
Gift code VND 30,000500VND 30,000,000
Total reward priceVND 90,000,000
(ninety million dong)

Total reward price: 90.000.000 đ (ninety million dong).

Notice:

  • The offer will only be given to the first 1,000 customers who complete the steps to open a Timo Account as specified in the detailed Rules during the Promotion period.
  • Gifts will only be given to the first 500 customers who complete all steps of investment and/or savings transactions as specified in the detailed rules during the Promotion period.

5. Notifying customer:

Within 30 (thirty) days from the end of the promotion, the Customer will receive a notification of the Reward/Gifts via their registered email and/or via the Timo app.

6. How to join the campaign:

6.1. To open a Timo account, customers need to perform the following steps:

  • Step 1: Open BravoHR App, click Join Timo promotion.
  • Step 2: Download the Timo Digital Bank app from the App Store or the Play Store.
  • Step 3: Register to open a Bank account through the Timo app as instructed, enter referral code “BRAVO”.
  • Step 4: Create a username and password, confirm email address.
  • Step 5: Login to the Timo Account on the app to activate it.

6.2. To make an investment transaction, customers need to perform the following steps:

  • Step 1: Log in Timo app, go to “Investment“, click “Start“.
  • Step 2: Select the product you want to invest in, click “Create an account and invest”.
  • Step 3: Select the amount you want to invest, click “Transfer investment money to the fund“.
  • Step 4: Click “Agree” to the Terms & Conditions.
  • Step 5: Check the information, click “Transfer“.

6.3. To make a term deposit transaction, customers need to perform the following steps:

  • Step 1: Log in to Timo application, at the main screen click “Term Deposit“.
  • Step 2: Click “Open Savings Account”, enter Savings account information including name of Savings account, amount you want to save and term of Savings account.
  • Step 3: Check the information, click “Next“.

7. General regulations:

  • This promotion cannot be used in conjunction with other promotions/offers being launched for customers with a Timo Account or opening a new Timo Account at the same time.
  • Participants receiving the Reward are responsible for all expenses incurred in connection with receiving the gift including but not limited to personal income tax, related taxes, travel expenses for card opening and other relevant expenses (if any)…
  • Each customer is only eligible for 01 reward. Organization Committee has the right to request additional documents to sign and receive the Reward.
  • Customers are responsible for coordinating, implementing and complying with the procedures and procedures of the Organization Committee for Timo Account.
  • The Organization Committee is the final decision-maker in the consideration of the reward.
  • The incentive is not awarded in the following cases:
    • Customer refuses to receive the incentive.
    • In case customers open a Timo Account, they do not complete the required regulated transactions during the Promotion period.
    • Customer is not among the first 1,000 people who meet the qualified Timo account opening and/or the first 500 people who make 01 (one) investment transaction and/or 01 (one) savings transaction during the promotion period.
    • The Customer does not cooperate, perform and does not comply with the procedures, process and regulations of the Organization Committee.
    • The number of Rewards is exhausted before the end of a Promotion.
  • By participating in this promotion program, customers are bound to accept all Terms and Conditions of the program, all the amendments (if any) and all the Terms and Conditions of the Timo ATM Debit card and Timo Spend Account as per relevant laws…
  • For underwriting procedure, Organization Committee has the right to request additional documents to verify the opening of a Timo Account (if necessary)
  • The Organization Committee may change or adjust the terms and conditions of the Promotion accordingly and the adjustment (if any) will be made public via the Customer’s email registration or via relevant communication channels.
  • The deadlines for submitting complaints and disputes about the campaign is 30 days from the campaign end date. Pass the above time limit, complaints and disputes will not be valid.

8. Contact point:   

1. Duration of promotion: From 25/06/2021 to end of 01/07/2021

2. Who can participate:

Vietnamese citizens or Expatriates living and working legally in Vietnam, over the age of 18 and who does not have a Timo account with Viet Capital Bank.
Note: Staff of Viet Capital Bank, employees of the company that operates the Timo App, partner companies and promotional partners (including advertisers and media) are not allowed to participate in this program
3. Term and conditions for Reward:

New customer who successfully opens a Timo Account using the Thánh Riviu App or Website http://riviu.vn or Facebook Group Thánh Riviu will receive a cash incentive of VND 50,000 (“Reward“).

  • Timo Account: An account of Viet Capital Bank with code 800, 900, 901 or other code specified by Bank from time to time.
  • Each customer is only eligible for 01 reward.

4. Reward:

Offer (cash) worth VND 50,000 (Fifty thousand VND) will be transferred directly to the Customer’s Timo Account.

Total reward price: 90.000.000 đ (ninety million dong).

Notice: Customers must be one of the first 1,800 people to meet the qualification criteria during the promotion period.

5. Notifying customer:

Within 30 (thirty) days from the end of the promotion, the Customer will receive a notification of the Reward via their registered email and/or via the Timo app.

6. How to join the campaign:

To participate in the Promotion, customers need to perform the following steps:

  • Step 1: Open Thánh Riviu App or Website http://riviu.vn or Facebook Group Thánh Riviu, click Join Timo promotion.
  • Step 2: Download the Timo Digital Bank app from the App Store or the Play Store.
  • Step 3: Register to open a Bank account through the Timo app as instructed.
  • Step 4: Create a username and password, confirm email address.
  • Step 5: Login to their Timo Account on the app.

7. General regulations:

  • This promotion cannot be used in conjunction with other promotions/offers being launched for customers with a Timo Account or opening a new Timo Account at the same time.
  • Participants receiving the Reward are responsible for all expenses incurred in connection with receiving the gift including but not limited to personal income tax, related taxes, travel expenses for card opening and other relevant expenses (if any) …
  • Each customer is only eligible for 01 reward. Organization Committee has the right to request additional documents to sign and receive the Reward.
  • Customers are responsible for coordinating, implementing and complying with the procedures and procedures of the Organization Committee for Timo Account.
  • The Organization Committee is the final decision-maker in the consideration of the reward.

8. The incentive is not awarded in the following cases:

  • Customer refuses to receive the incentive.
  • In case customers open a Timo Account, they do not complete the required regulated transactions during the Promotion period.
  • Customer is not among the first 1,800 people who meet the qualified criteria opening during the promotion period.
  • The Customer does not cooperate, perform and does not comply with the procedures, process and regulations of the Organization Committee.
  • The number of Rewards is exhausted before the end of a Promotion.
  • By participating in this promotion program, customers are bound to accept all Terms and Conditions of the program, all the amendments (if any) and all the Terms and Conditions of the Timo ATM Debit card and Timo Spend Account as per relevant laws…
  • For underwriting procedure, Organization Committee has the right to request additional documents to verify the opening of a Timo Account (if necessary)
  • The Organization Committee may change or adjust the terms and conditions of the Promotion accordingly and the adjustment (if any) will be made public via the Customer’s email registration or via relevant communication channels.
  • The deadlines for submitting complaints and disputes about the campaign is 30 days from the campaign end date. Pass the above time limit, complaints and disputes will not be valid.

9. Contact point:   

1. Duration of the promotion: from June 11, 2021 to June 30, 2021.

2. Location: nationwide.

3. Who can participate:

Vietnamese citizens or Expatriates living and working legally in Vietnam, over the age of 18 and who does not have a Timo account with Viet Capital Bank.
Note: Staff of Viet Capital Bank, employees of the company that operates the Timo App, partner companies and promotional partners (including advertisers and media) are not allowed to participate in this programme.

4. Terms and conditions for rewards: New customer who successfully opens a Timo Account using the Timo App will receive a cash incentive of VND 50,000 (“Reward“).

5. Details:

5.1 Detailed rules:

To participate in the Promotion, customers need to perform the following steps:

  • Step 1: Download the Timo Digital Bank app from the App Store or the Play Store.
  • Step 2: Register to open a Bank account through the Timo app as instructed.
  • Step 3: Create a username and password, confirm email address.
  • Step 4: Login to their Timo Account on the app.

5.2 Eligibility for Offer:

  • Customers download, install the Timo app and successfully open a Timo Account during the promotion period. Each Customer is only eligible for 01 Reward.
  • Customers must be one of the first 10,000 people to meet the qualification criteria during the promotion period.

5.3 Incentives:

Offer (cash) worth VND 50,000 (Fifty thousand VND) will be transferred directly to the Customer’s Timo Account.

5.4 Notifying Customer:

  • Within 30 (thirty) days from the end of the promotion, the Customer will receive a notification of the Reward via their registered email and/or via the Timo app.
  • The offer will be credited to the Customer’s Timo Account.
  • The Organization Committee has the right to request additional documents to verify the opening of a Timo Account (if necessary) and sign and receive the Reward.
  • The promotion may be terminated before the deadline in case the number of Reward registered has been issued as notified and after Viet Capital Bank has informed to Department of Industry and Trade.

5.5 The incentive is not awarded in the following cases:

  • Customer refuses to receive the incentive.
  • In case customers open a Timo Account, they do not complete the required regulated transactions during the Promotion period.
  • Customer is not among the first 10,000 people who meet the quilification criteria opening during the promotion period.
  • The Customer does not cooperate, perform and does not comply with the procedures, process and regulations of the Organization Committee.
  • The number of Rewards is exhausted before the end of a Promotion.

5.6 Answer questions related to the Promotion:

5.7 Other regulations:

  • This promotion cannot be used in conjunction with other promotions/offers being launched for customers with a Timo Account or opening a new Timo Account at the same time.
  • By participating in this promotion program, customers are bound to accept all Terms and Conditions of the program, all the amendments (if any) and all the Terms and Conditions of the Timo ATM Debit card and Timo Spend Account as per relevant laws…
  • Participants receiving the Offer are responsible for all expenses incurred in connection with receiving the gift including but not limited to personal income tax, related taxes, travel expenses for card opening and other relevant expenses (if any) …
  • Customers are responsible for coordinating, implementing and complying with the procedures and procedures of the Organization Committee for Timo Account.
  • The Organization Committee is solely responsible for managing the printing process, the accuracy of the proof of reward redemption and circulating the proof of eligibility for the reward. In case the evidence determining the eligibility to receive the reward caused a misunderstanding to the customer, The Organization Committee is responsible for providing the customer the reward in accordance with the regulations. The implementation of the Promotion must be fair and transparent.
  • The Organization Committee is the final decision-maker in the consideration of the reward.
  • The Organization Committee is exempt from liability for force majeure cases occurring during the promotion period.
  • The Organization Committee may change or adjust the terms and conditions of the Promotion accordingly and the adjustment (if any) will be made public via the Customer’s email registration or via relevant communication channels.

For Terms and Conditions, please kindly contact:

Timo Hangouts:

  • Ho Chi Minh:
    • Timo Building – 194D-E Pasteur, Ward 6, District 3
    • Capri by Fraser Building – No.2, C street, Tan Phu Ward, District 7
  • Ha Noi:
    • Vinafor Building – 127 Lo Duc, Dong Mac Ward, Hai Ba Trung District
  • Da Nang:
    • 43-45 Nguyen Van Linh, Binh Hien Ward, Hai Chau District
  • Can Tho:
    • 81-83 Tran Van Kheo, Cai Khe Ward, Ninh Kieu District

The first digital banking platform in Vietnam, Timo, on May 24 announced that it has officially become a strategic partner of the world’s largest fast-food restaurant chain, McDonald’s, in Vietnam.

This cooperation helps Timo and McDonald’s exploit each other’s unique offerings and effectively combine their potential and unique advantages, thereby bringing attractive incentives and exciting experiences to customers, especially the Vietnamese youth.

Over the past six years, Timo has continuously developed, improved, and innovated to bring simple, convenient, new and groundbreaking financial experiences to users.

This has helped Timo receive high recognition and appreciation from prestigious domestic and foreign financial institutions.

Timo has been honored in the Top 50 Outstanding Foreign-Invested Enterprises in 2020, won the Leading Digital Banking Platform in Vietnam at the Golden Dragon Award 2021, and was awarded the Best Digital Bank in Vietnam title for three consecutive years by prestigious international magazines Asiamoney, Global Economics, and International Business Magazine.

Officially operated in Vietnam since 2014, McDonald’s is constantly improving service quality, bring enjoyable experience for its customers

Aiming to become a “financial partner” of consumers, Timo is trying to build a platform where banking is no longer just banking, but also enhances the lives of our customers where daily financial transactions can be made within the ecosystem that customers have linked, thereby bringing about product experiences that are relevant convenient, and cost-effective.

The potential of this model is undeniable but it also requires huge investment in technology, capital and human resources.

Recently, Timo has onboarded a team of leading financial experts in the region such as Mr. Nirukt Sapru, former CEO of Standard Chartered Bank Vietnam and Mr. Nam Tran, co-founder and chairman of Moca, who are on the Timo Global Advisory Board. Their expertise and consultancy in identifying innovative and strategic solutions will support Timo to build a robust service, backed by solutions and development strategies.

In addition, Timo plans on expanding its ecosystem of strategic partners across industries ranging from banking, finance, retail, sports, healthcare, and education to consumer goods, fashion, real estate, tourism, aviation, and more to bring maximum convenience for customers.

According to Ms. Ha Tran, Chief Growth Officer of Timo, the company’s strategy is continuous innovation and non-stop creation, putting customers’ interests and experiences first, thereby creating financial products and solutions with outstanding integrated features and value.

“To do this, Timo is actively expanding cooperation with fintech and multi-industrial partners to develop a digital ecosystem that supports customers in every aspect of their daily lives,” said Ms. Ha Tran.

“We do believe that becoming a strategic partner of McDonald’s, a global brand and sharing the same vision of providing convenient products and services and breakthrough experiences to customers, will be a step forward for Timo in its journey to build and develop its digital ecosystem. We hope this cooperation will open up opportunities to help both sides consolidate our strengths in the market, support each other, thereby bringing more benefits and added value to both our customers”, Ms. Ha Tran added.

According to Mr. Thinh Nguyen, General Director of McDonald’s Vietnam, the restaurant chain puts customers first and has an unerring customer-centric mindset.

“As we find this same spirit shared by Timo, we enter into a strategic partnership to ignite both our passions to bring great convenience and joyful experiences to customers,” Mr. Thinh Nguyen said.

Technology has dramatically changed how people live and their consumption habits. Nguyen said in McDonald’s, they have started serving a future experience and have been using technology in their daily operations since Day 1.

“Nowadays customers enjoy ordering, paying, and being served in the restaurants in the most convenient ways. Continuously improving customer experience using digital technology has been an important part of McDonald’s business strategy,” he said.

Mr. Thinh Nguyen also added that many applications including automated kiosks with a table service, integrated payments system, digital menu board, mobile apps, and delivery app, together with a great Guest Experience Leader have lifted its hospitality standards with a focus on customer satisfaction.

“With Timo growing into one of the leading digital banks in Vietnam, we look forward to fruitful cooperation in which we could grow together as pioneers and leaders in our field and support us in our digital transformation process. In addition, we will utilise our strengths in technology capacity and our network to further broaden service to give more to many more customers,” said Mr. Thinh Nguyen.

A “giant” of the global fast-food industry, McDonald’s officially operated in Vietnam since 2014, with a long-term investment strategy, McDonald’s is constantly improving service quality, bringing enjoyable experiences for its customers, Mr. Thinh Nguyen added.

Not only bringing world-famous menus such as French fries, Big Mac, Chicken McNuggets, Happy Meals, and McCafe, McDonald’s Vietnam has also launched special local menus such as Pho Burger, meat porridge, meat noodles, and Vietnamese Coffee to customers.

In addition, McDonald’s Vietnam is constantly expanding its network of multi-industrial partners to bring the most comprehensive experiences to customers. The most outstanding of these include “The Famous Order” programme in May in collaboration with Platinum artist BTS group that is widely loved by Vietnamese fans. In particular, McDonald’s pays great attention in its development strategy to cooperating with partners who are providing digital technology applications, such as Timo.

What’s your true color?

When you think of Timo Digital Bank, you probably remember our signature Purple. And we love our Timo purple that stands for ambition and wealth but there are so many more colors, shades and hues. So why settle for just one color.

That’s what made us realize that like colors, our customers have so many different needs, wants and values – and with our mission to help every customer enjoy banking with no hassle & joy, we thought it’s time to change our look to reflect you in your journey  to financial freedom.

Our 4 colors include: Timo Purple as you know, Royal Blue, Rebel Orange & Gold Rush.

Timo Purple reflects your aspiration for wealth and success, which Timo’s want to empower you to achieve  Royal Blue symbolizes your wish to be a reliable & trustworthy person, which Timo’s secure banking platform aims to provide for you. Rebel Orange represents your bold & rebellious spirit, where Timo’s innovative solutions can propel you to live life your way. Gold Rush stands for your passion &  joyfulness, which we hope with Timo Digital Bank’s simple & easy to use App can bring a smile to your face everyday 

So what’s your favorite color?

The Timo purple story

Timo is the pioneering digital bank in Vietnam and Timo has the vision to empower personal finance for everyone to have a better life in Vietnam. Just like an entrepreneur, who wants to build a sustainable and better world by recycling plastics to create something wonderful, Timo Digital Bank aspires to create a completely unique Vietnamese brand – A brand that recognizes our customers ambitions and overcomes obstacles  to empower financial success for themselves and those around them . 

Find your inner Timo Purple our Partner Products (VinaCapital mutual funds), our Term Deposit even in our Timo Credit Card to set you in motion.

The Royal Blue story

Using Timo Digital Bank means you put your faith & your money in our care and this motivates us to constantly improve our banking systems to assure you that your assets are secure & safe with us. Just like a hard working Chef, who is fiercely attentive to details and carefully combines ingredients to create heartwarming dishes, that never lets you down so too Timo will continue to be the reliable, transparent secure partner for our customers on their plan to financial stability

Find your inner Royal Blue in our Security features (iOTP, Lock/Unlock Card), our saving products with the competitive interest rate which help you to grow your wealth safely

The Rebel orange story

6 years ago, who could think that digital banks were the new normal way of banking? And Timo Digital Bank was revolutionary in paving the way for this new era of banking that stood out from the traditional forms of financial management. We see the boldness in our customers who are Startups and uber hipsters like a Tattooed up Barber, who is confident to make a difference and follows his own path for greatness – one slick haircut at a time. Timo Digital Bank is inspired to continue to be innovative & bold and offer our customers bespoke solutions that drive their fearless goals for financial health

Find your inner Rebel Orange with our innovative products (Credit Card Installments, Pay Anyone) or in some smart features such as Payment Request, Split Term Deposit, Add Payee.

The Gold rush story

Why spend hours banking when you should be doing things you love and that bring a smile to your face and make you happy? Enter Timo – We aim to make banking joyful, simple & hassles free so that people can enjoy living life! We see the joy and laughter in our customers who appreciate life, like a young Vlogger who is passionate and searches for any opportunity to spread love and good cheer through her experiences. Timo is focused on being a delightful banking partner and friend that’s sure to bring a smile to the faces of all our customers with our simple, convenient and valuable solutions  Find your Gold Rush with our simple, yet important products of Timo Digital Bank (Spend Account, Timo Debit Card) or features (Invite friend, eKYC, Move Money, Share Bank details)

Timo, the first digital banking platform in Vietnam, officially announced the appointment of Nam Tran, co-founder and chairman of Moca as a member of the Global Advisory Board at Timo from May 1, 2021.

Nam Tran co-founded and led the development of Moca, a pioneer in mobile payments in Vietnam. Moca has successfully launched a strategic partnership with Grab since late 2018 and has also partnered with more than 20 banks and leading retailers such as McDonald’s and 7-Eleven. Nam is also a Senior Advisor and former Head of Grab Financial Group (Vietnam).

In earlier years, Nam had worked at Maritime Bank (MSB) as deputy general director in charge of Operations and IT. Nam also co-founded Mobivi – the first electronic wallet in Vietnam – after leaving his position as Product Manager at Microsoft in the US. Nam completed his PhD in computer science at Monash University, Australia in 2005.

Known as a pioneer and experienced leader in fintech in Vietnam, especially in the mobile payment segment, Nam is expected to contribute to breakthrough products and outstanding financial experiences for Timo’s customers.

Sharing about his new position, Nam said that he was very excited about this new role at Timo. “Banking services should contribute to better life experiences for consumers. To do that, Timo will expand cooperation with many other fintech companies and ecosystem partners to provide diversified and optimised digital financial services. With an extensive network of partners and a modern digital banking platform, I believe Timo can become a leading digital ecosystem in Vietnam,” Nam said.

According to CEO Henry Nguyen, Timo will soon promote cooperation with other e-wallets and fintech platforms to expand its digital services for customers, providing them with the best experiences in payment and beyond.

“Timo will have to be more flexible and become the leader in grasping international financial development trends and flexibly adjust to truly fit and bring the best performance to the digital banking ecosystem in Vietnam”, Hoang said.

The Timo Global Advisory Board consisting of Nirukt Sapru, former CEO of Standard Chartered Bank Vietnam and Nam Tran, co-founder and chairman of Moca, will advise and support Timo’s senior management team, including to seek and appoint other strong leaders, aiming to become a preferred “financial partner” providing the best financial experiences      anytime, anywhere through innovative and flexible digital solutions.

Cooperating with Viet Capital Bank as the first digital banking platform in Vietnam, Timo has continuously developed, improved, and innovated to bring its customers the best financial experiences.

Recently, Timo has been honoured in the Top 50 Outstanding Foreign-Invested Enterprises in 2020, won “Leading Digital Banking Platform in Vietnam” at the Golden Dragon Award 2021, and was awarded the “Best Digital Bank in Vietnam” title for three consecutive years by prestigious international magazines Asiamoney, Global Economics, and International Business Magazine.

  1. Duration of the promotion: from 28 May 2021 to 28 July 2021.
  2. Location: nationwide.
  3. Who can participate?
    Vietnamese citizens or Expatriates living and working legally in Vietnam, over the age of 18.
    Note: Partner companies and promotional partners like advertisers and media are not allowed to participate in this programme.
  4. Rewards:
    Giving cash incentive of VND 20,000 (“Reward“) for customers who have successfully opened a Timo Account with the correct Inviter’s Referral Code during the promotion period.
    • Timo account: is a Viet Capital Bank account with prefixes starting with codes 800, 900 or 901.
    • New customer (Invitee): is someone who hasn’t had a Timo Account yet.
    • Inviter: the person who already has a Timo Account sends an invitation to Invitee to encourage them to join Timo with their unique Referral Code. The Inviter will also receive VND 20,000 for each successful invitation.
    • Referral code: is provided or created by the Inviter in the Invite Friends feature of the Timo App. The Referral Code must be agreed between the Inviter and the Invitee at the time the Invitee successfully opens the account.
    • Successful invitation: a time in which the Invitee has completed the registration steps to open a Timo Account during the promotion period.
  5. How to participate?
    • For the Inviter:
      • Step 1: Log in to your Timo account at https://my.timo.vn (web application) or via the Timo App (iOS or Android version);
      • Step 2:
        – For Web Application: Tap the (hamburger menu) in the right corner of the screen in Web Application, select “Invite Friends” and select the button “Share this code”.
        – For Timo application: Tap on the ••• icon in the right corner of the Menu bar, tap “Invite Friends” and tap “Share” to send the referral code via chat applications on the phone or tap “Copy” to directly send this code to your friends via whatever channel you want.
    • For the Invitee:
      • Step 1: Download the Timo app from the App Store or Play Store
      • Step 2: Open the Timo app, choose “Start” and enter basic information.
      • Step 3: Paste the Inviter’s referral code into the box “Referral code“.
      • Step 4: Fill in the registration information as instructed to complete account opening.
      • Step 5: Log in to your Timo Account on the app.
  6. Eligibility for the Reward:
    • The Invitee can only receive the Reward after performing all the steps specified in item 5 during the Promotion Period.
    • The Invitee must be one of the first 25,000th people to complete the steps as specified in the detailed rules during the Promotion Period.
  7. Notifying Customer:
    • Within 30 (thirty) days from the end of the promotion, the Customer will receive a notification of the Reward via their registered email and/or via the Timo app.
    • The Reward will be credited to the customer’s Timo Account.
    • The Organizing Committee has the right to request additional documents to verify the opening of a Timo Account (if necessary) and sign and receive the Reward.
    • The promotion may be terminated before the deadline in case the number of Rewards has been exhausted.
  8. The incentive is not awarded in the following cases:
    • Customer refuses to receive the incentive.
    • In case customers open a Timo Account, they do not complete the required steps during the Promotion period.
    • The Invitee opens a Timo Account before the Promotion starts.
    • The Invitee is not the first 25,000th person to complete all steps in the detailed rules during the promotion period.
    • The Invitee inputs incorrect Referral Code of the Inviter. In case the Inviter changes the Referral Code after sending the invitation to the Invitee without informing the Invitee could result in the Referral Code being is inconsistent between the Inviter and the Invitee. This means the Inviter will not receive VND 20,000 for a successful invitation from the Organizing Committee.
    • The customer does not coordinate, does not perform and does not comply with the procedures, processes and regulations of the Organizing Committee.
  9. Other regulations:
    • This promotion cannot be used in conjunction with other promotions/offers being launched for customers with a Timo Account or opening a new Timo Account at the same time.
    • By participating in this promotion program, customers are bound to accept all Terms and Conditions of the program, all the amendments (if any) and all the Terms and Conditions of the Timo ATM Debit card and Timo Spend Account as per relevant laws.
    • Participants receiving the Reward are responsible for all expenses incurred in connection with receiving the gift including but not limited to personal income tax, related taxes, travel expenses for card opening and other relevant expenses (if any).
    • Customers are responsible for coordinating, implementing and complying with the processes and procedures of The Organizing Committee for Timo Account.
    • The Organizing Committee is solely responsible for managing the printing process, the accuracy of the proof of reward redemption and circulating the proof of eligibility for the reward. In case the evidence determining the eligibility to receive the reward caused a misunderstanding to the customer, Viet Capital Bank is responsible for providing the customer with the reward in accordance with the regulations. The implementation of the Promotion must be fair and transparent.
    • The Organizing Committee is the final decision-maker in the consideration of the Offer.
    • The Organizing Committee is exempt from liability for force majeure cases occurring during the promotion period.
    • The Organizing Committee may change or adjust the terms and conditions of the Promotion accordingly and the adjustment (if any) will be made public via the Customer’s email registration or via relevant communication channels.