Vietnam

Vietnam Messaging App Zalo: A Super App which might be bought by Facebook in 2020

Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more

Read More

Mobile Payments, Internet Banking See Rapid Growth in Vietnam

Vietnam has been experiencing a digital wave in its financial and banking industry, with payments through mobile banking services surging by a whopping 144% per year over the past five years, experts said at a conference last week. During the

Read More

Vietnam’s Unbanked Can Now Get Credit Cards With Just A Phone And Good Behaviour

Personal finance comparison website GoBear and alternative credit scoring provider CredoLab announced that they’re teaming up to launch Easy Apply, a smartphone app that enables banks, financial institutions and lenders to extend credit to a larger pool of customers while

Read More

Vietnam Welcomes New Fintech Bachelor Program

On September 26, 2018, the National Economics University in Hanoi officially held a launch ceremony for the new International Bachelor Program in Financial Technology. Attending the event were Prof. Dr. Tran Tho Dat, principal of the school, Assoc. Prof. Jenho

Read More

P2P Lending Activity Accelerates in Vietnam

Peer-to-peer (P2P) lending is becoming increasingly popular in Vietnam with new players entering the market and regulators moving forward with creating a favorable environment. In September, a new company called Megalend Viet Nam Investment and Trading Corporation made its debut

Read More

Grab And Moca Announce Strategic Partnership To Promote Cashless Payment On Grab Platform And In Vietnam

Grab, one of the most frequently used O2O mobile platforms in Southeast Asia, and MOCA Technology and Service Joint Stock Company (Moca), a leading digital payments service in Vietnam, today announced a strategic partnership to promote cashless payment on Grab

Read More

15 Fintech Influencers in Vietnam You Have to Know

In the last five years, Vietnam has witnessed the establishment of over 40 new fintech companies, such as online payment platforms Moca or MoMo, as well as the country’s first digital banking platform Timo, highlighting Vietnam’s nascent yet rapidly growing

Read More

Vietnamese Firms Still Behind International Counterparts in Adopting Blockchain, AI: Survey

Vietnamese firms understand the need to adopt cutting-edge technologies including artificial intelligence (AI) and blockchain, yet only a few of them are actually using them, according to a report by Navigos Group, an online recruitment company and subsidiary of en-japan

Read More

Vietnam: Rise of E-Commerce Paving the Way for Digital, Mobile Payments Boom

Although Vietnam remains a cash-dominant economy, evidences suggest that digital and mobile payments are rapidly growing. According to Harmander Mahal, head of retail banking at Standard Chartered Bank Vietnam, the rise of e-commerce in Vietnam is paving the way for

Read More

Digital Banking Sees Prosperous Future in Vietnam

Like the rest of emerging countries in Asia, digital banking penetration in Vietnam is on the rise. According to a survey by IDG Vietnam, 81% of respondents said they used digital banking solutions in 2017 compared to 21% in 2015.

Read More