Top Fintech Vietnam News from September 2017

Fintech Vietnam Meetup is back with the September 2017 newsletter.  All you need to know about Fintech in Vietnam.

In this edition, we talk about how Vietnamese startups and entrepreneurs from both the blockchain and non-blockchain space are embracing ICOs to raise funds, but the first Vietnam ICO failed.  Please also read the Crypto Wild West article, which is a summary of my last meetup presentation.

Samsung and Alipay are now also here! In case local Vietnamese Mobile Payment Startups will not start to collaborate they will loose ground against new foreign competitors.

For daily updates, you can follow our Facebook Page, join our Facebook Group and Meetup community or follow us on Twitter.  Our meetup group now has over 1000 members!

Fintech Vietnam Startup of the Month

Send money to Vietnam: Cheap and simple, the Bitcoin Remittance Transfer service ( Read more)

TOP Fintech Vietnam News

Vietnamese Startups, Entrepreneurs Warm Up To ICOs

Initial coin offerings (ICOs) have become the preferred fundraising method for players in the cryptocurrency and blockchain space, enabling entrepreneurs and projects to raise over US$2 billion in 2017 alone. (Read more)

Cashless Dreams Feature Motorbike Bankers, E-wallets in Vietnam

For Vietnamese that live much from a retail financial institution branch, VietinBank shuffles mobility scooters so its policemans could fulfill customers where they live, tablet in hand. (Read more)

Challenges or Opportunities for Fintech in Vietnam

In 1995, the first Visa transaction was accepted in Vietnam—the same year that relations between the United States and Vietnam were normalized. (Read more)

Mobile Commerce Fails To Take Off With Vietnamese Consumers

Millions of Vietnamese use smartphones for tasks like listening to music, making a phone call, sending text messages, hailing a taxi or checking in for a flight, says the Ministry of Industry and Trade. (Read more)

Alibaba’s Payment Channel is Trying to Penetrate into Vietnam

Although there is no licensed foreign service in Vietnam, many sources say that with the current preparations, AliPay is seeking to enter the Vietnamese market. (Read more)

Samsung Pay launches in Vietnam

Samsung on Wednesday launched its mobile payment service Samsung Pay in Việt Nam in partnership with the National Payment Corporation of Viet Nam. (Read more)

Can Vietnam Become a Global Tech Hub?

Image: Vichy Deal/ Shutterstock.com

Vietnam is hoping its nascent tech ecosystem can compete on a global stage, and it has started to gain the attention of international investment. Eddie Thai ’12 discusses the challenges and opportunities along the long road to reach the country’s potential. (Read more)

Fintech Vietnam Jobs of the Month

• Business Development Manager, Meed  Ho Chi Minh/Hanoi
• Account (BD) Manager, Matchmove Vietnam, Ho Chi Minh
• Account Manager Vietnam, Mastercard, Ho Chi Minh City

Top Fintech South East Asia News

Top 10 Money Transfer Apps in Asia

For many developing countries in the world, remittances play a key role in their economies, contributing to economic growth and to the livelihoods of those nations. (Read more)

The Crypto Wild West: Scam Coins, ICOs And The Crypto Bubble

Cryptocurrencies have surged in popularity as an increasing number of investors are turning to the new asset class, attracted by the high potential returns. (Read more)

Banks Should Be More Concerned About Regulation And The Growing Power of Big Cloud Firms, Rather Than Fintech Startups: WEF Report

Fintechs have materially changed the basis of competition in financial services, but have not yet materially changed the competitive landscape, according to a new report released on Aug 22 by the World Economic Forum with support from Deloitte Consulting. (Read more)

Fintech Solutions for Digital Nomads

Digital nomads are ever more numerous. They have special needs, notably in terms of financial services.(Read more)

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