Fintech Vietnam Meetup is back with the October 2017 newsletter with all you need to know about Fintech in Vietnam.
Last edition, we shared the news of how foreign competitors like Samsung and Alipay are entering the e-payments market. Now with Tencent also seemingly in the fray, local startups will have a tough time fending off fierce competition. A research found that Vietnamese customers have the lowest trust in e-commerce sites in Asia. Will this foray of competitors help to change that?
For daily updates you can follow our Facebook Page, join our Facebook Group and Meetup community or follow us on Twitter. Make sure to also check out our Top Fintech Southeast Asia News!
Fintech Vietnam Startup of the Month
Trusting Social is founded to help banks redefine relationship with customers, and connect to billions of unbanked consumers in the world by empowering financial inclusion with Credit Scoring 2.0 (Read more)
TOP Fintech Vietnam News
Vietnamese University Plans to Accept Bitcoin Despite Central Bank Ban
FPT, a private Vietnamese university is planning to accept tuition fees in bitcoin with a workaround of the central bank’s ban on using cryptocurrencies as payment instruments. (Read more)
Regarding the State Bank Statement about Vietnam to illegalize Bitcoin
A statement from Bitcoin Vietnam reacting to the recent State Bank of Vietnam press release and various media interpreting this statement potentially wrong. (Read more)
Vietnam Welcomes First Robo-Advisor Platform
Vietnamese fintech startup Finhay is targeting the country’s millennials with a new robo-advisor service that lets customers invest in top mutual funds in Vietnam starting with as little as 50,000 VND (US$2.6). (Read more)
Big Banks Get A ‘Fintegration’ Facelift
When banks work with technology companies or startups, what often comes out are fintech products or services that can offer customers convenience and control over their financial lives. (Read more)
Vietnam Bitcoin Ban Fake News Spread by Bitcoin Media
Let’s get this straight. Vietnam did not “ban” Bitcoin. Nothing has changed. Vietnam Dong still is and always will be the only official currency Vietnam. (Read more)
Alibaba And Tencent Eye Vietnamese E-Payment Sector
Jack Ma, CEO of Alibaba Group, will attend a briefing of developing e-commerce and mobile payment at Vietnam Electronic Payment Forum 2017, which will take place in Hanoi. (Read more)
Vietnamese Consumers Among Most Demanding On E-Commerce
Việt Nam’s e-commerce may be one of the world’s fastest-growing markets, but the country’s customers are also among the most demanding. (Read more)
Central Bank Issues Plan To Develop Card Payment
The State Bank of Việt Nam has issued a plan to develop card payment using card readers at points of sale (POS) and mobile points of sale (mPOS) from 2017 to 2020. (Read more)
Fintech Vietnam Jobs of the Month
- Manager, Digital Engineer, KPMG Vietnam, Ho Chi Minh
- Director, Consumer Products (Vietnam), Visa, Ho Chi Minh
- THỰC TẬP SINH PHÂN TÍCH DỮ LIỆU, Home Credit China, Ho Chi Minh City
Top Fintech South East Asia News
Cambodia Fintech Startup Report, Fintech Startup Map And Infographic
With some 25+ startups, Cambodia’s fintech startup landscape remains modest but is nevertheless growing steadily, according to a new report. (Read more)
Announced today in partnership with Barclays and Visa at the Money2020 conference in Las Vegas, the new card gives Uber yet another point of access to incredibly valuable customer information and marks another front in its campaign to assume a larger role in online and offline commerce. (Read more)
Top 50 Digital Only Banks Ranking 2017
The Financial IT magazine unveiled the Digital Only Bank Ranking in their latest special magazine for Sibos & Money 20/20. (Read more)
Brunei Start-Ups Should Explore ‘Developing Backyard’
CHALLENGING times actually offer great opportunities, and it is important for businesses to gain exposure to the opportunities in “our developing backyard”. (Read more)
