Microlink Solutions plans to tap into Vietnam’s under-developed banking markets and capitalize on its strong growth potential. The systems provider has established offices in Ho Chi Minh City and Hanoi, and plans to set up joint ventures to expand its reach. The company aims to secure two deals by the end of 2007, hiking the group’s total earnings by US$1.5 million come 2008. Microlink’s flagship application — Microlink Banking Solutions (MiBS) — allows the automation of functions such as deposits/investments, loans/financing, treasury and customer information for conventional and Islamic banking. The company is currently focusing on tapping the overseas Islamic banking sector, having set up offices in Indonesia, Kuwait and the UAE. Its subsidiary, Microlink Worldwide, has teamed up with Kuwait based Technology World Company to distribute MiBS in the Middle East and North Africa region. The company also plans to set up a base in Kuwait to provide sales and support services for MiBS in the region, having inked an agreement with The International Leasing & Investment Company (ILIC) to supply and implement its MiBS Islamic Banking and Investment System. Microlink has also secured a contract to implement the MiBS to North Africa-based Bank of Khartoum.