Red Hat, the world’s leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2025 for Vietnam. This year, Red Hat is celebrating Vietnam Prosperity Joint-Stock Commercial Bank (VPBank) for their forward thinking use of open source to drive innovation, enable transformation and create meaningful impact across their organizations.
The pace of change in Asia Pacific shows no signs of slowing, especially as AI becomes a core driver of business transformation. Despite these demands, our customers have delivered remarkable results, showing that innovation thrives when paired with open source. The Red Hat APAC Innovation Awards 2025 are an opportune time to recognise and celebrate these achievements, highlighting how our customers are unlocking what’s next and shaping a future defined by creativity, resilience, and impact.
Embodying this year’s theme, “Unlock what’s next,” the Red Hat APAC Innovation Awards 2025 celebrates customers turning these trends into tangible results. The awards recognize 30 winners across the region whose inventive use of Red Hat’s open source technologies has sparked innovation, strengthened competitiveness, and delivered lasting value for their industries, customers, and employees. These organizations demonstrate how open source empowers enterprises to reimagine possibilities, navigate complexity, and seize new opportunities in an evolving landscape to define future competitiveness.
The awards comprise five categories: Digital Transformation, Hybrid Cloud Infrastructure, Cloud-native Development, Automation – and the newly added AI and Emerging Tech.
Category: Digital Transformation
Winner: Vietnam Prosperity Joint-Stock Commercial Bank (VPBank)
Vietnam Prosperity Joint-Stock Commercial Bank (VPBank), one of Vietnam’s leading financial institutions, has been a key driver of the country’s economic growth for over three decades. As part of its long-term digital transformation strategy, VPBank sought to modernize its core banking infrastructure to deliver faster, more reliable, and scalable services that meet growing customer and business demands.
To achieve this, VPBank became the first bank in ASEAN to deploy its Temenos T24 core banking system on Red Hat OpenShift Platform Plus, establishing a highly available, enterprise-grade cloud platform. The migration enables the bank to automate deployment processes, enhance system flexibility, and improve performance while maintaining compliance and stability. With its new platform, VPBank can now scale efficiently, reduce infrastructure costs, and accelerate its five-year growth plan to become one of the largest and most technologically advanced banks in Vietnam and Asia.
Supporting Quotes
Marjet Andriesse, senior vice president and general manager, APJC, Red Hat
“The pace of change in Asia Pacific shows no signs of slowing, especially as AI becomes a core driver of business transformation. Despite these demands, our customers have delivered remarkable results, showing that innovation thrives when paired with open source. The Red Hat APAC Innovation Awards 2025 are an opportune time to recognize and celebrate these achievements, highlighting how our customers are unlocking what’s next and shaping a future defined by creativity, resilience, and impact.”
Wong Kok Seng Augustine, Chief of Information Officer, Vietnam Prosperity Joint-Stock Commercial Bank (VPBank)
“At VPBank, our goal is to build a digital-first foundation that drives agility, resilience, and continuous innovation. Partnering with Red Hat has enabled us to modernize our core banking platform with greater flexibility, speed, and reliability—capabilities that are essential for a fast-evolving financial landscape. This transformation strengthens how we serve our customers, empowers our teams to innovate with confidence, and positions VPBank as a regional leader in technology-driven banking.”
Additional Resources
- Learn more about the Red Hat APAC Innovation Awards 2025
- Learn more about Red Hat Summit: Connect
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In short
The winners were recognised for harnessing Red Hat’s open source technologies to accelerate innovation, foster transformation and deliver lasting business impact.
Mentioned in this article
Red Hat APAC Summit: Connect, Red Hat APAC Innovation Awards APAC
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