To prevent risks and promote new products, services, and business models, the State Bank of Vietnam (SBV) has developed a draft Government decree stipulating a...
In addition to the macroeconomic factors, the banking and capital markets industry must contend with various fundamental and disruptive forces challenging incumbent...
There have been calls and opinions for the government to expedite the process of establishing a sandbox model to help reduce risks and promote the development of fintech...
Scores of Fintech companies have had to cut their workforce by half because of slumps in sales and struggles navigating the law's grey areas.
Deputy Minister of Planning and Investment, Tran Quoc Phuong, asserted that both businesses and the overall economy were currently "swimming in the whirlpool of...
Accounting for more than 70 per cent of the country’s population, rural areas provide significant room for fintech start-ups to grow.
Ho Chi Minh City hopes to become a financial technology hub (Fintech hub), a model similar to that of US Wall Street in New York city, according to Lam Dinh Thang,...
The market is expected to reach US$18 billion by 2024 with a high level of competition.
As fintech is growing at a breakneck pace in the country, laws are playing catchup with the technology. The regulatory gaps put investors at risk and expose the need for...
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand...
There is a fast-growing trend across the world to digitalize the entire global financial and banking systems. Digitalization is being believed to be a great driver of...
Asia Pacific, led by China, is the world’s biggest fintech adopter, with tools taken up on a wider scale than anywhere by both consumers and businesses.
Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam...
Financial Technology (Fintech) is made up of five types of financial services. First is the digital payment method, second includes deposits, loans, and capital...
To provide fair possibilities for creative startups, the subjects included in the Controlled Testing Mechanism for Financial Technology Activities (Sandbox)...
The Government has issued a resolution to create a sandbox for financial technology (fintech) in the country’s banking sector.
As technology develops and demand keeps increasing in the property sector, proptech will develop in a similar way to fintech, experts have said.
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