Fintech Vietnam Meetup is back with the first newsletter of 2018, with all you need to know about Fintech in Vietnam. Before diving into the latest news, why not take a look at Fintech Vietnam in Review 2017?
This edition features progress in the payments sector such as the deployment of Masterpass QR codes and Wechat Payments in Airport outlets. We also see how regulators are eyeing and curbing the cryptocurrency craze in Vietnam.
Fintech Vietnam in Review
The Vietnamese fintech industry is on the rise, fueled by growing interest from foreign investors and a desire from the government to boost financial innovation. ( Read more)
TOP Fintech Vietnam News
Cryptocurrency Mining Soars in Vietnam – Over 7000 Rigs Imported
The Ho Chi Minh City Customs Department has revealed that 7,005 bitcoin mining rigs cleared customs from the beginning of 2017 to the middle of December, local publications reported. (Read more)
Ho Chi Minh City requests police intervention in bitcoin payment
Tran Vinh Tuyen, deputy chair of the local People’s Committee, has demanded cooperation from the city’s police department and competent agencies in investigating transactions with the digital money and preventing investors and enthusiasts from engaging in the outlawed activity. (Read more)
MOIN touts fast money transfers for Vietnam debut
THE K-ICT Born2Global Centre, a South Korean government agency under the Ministry of Science, ICT and Future Planning (MSIP), yesterday said that MOIN, one of its member companies, would launch a fast money transfer service in Vietnam in the first quarter of 2018. (Read more)
MasterCard deploys QR code payment in Vietnam
Financial services firm MasterCard on December 11 introduced electronic payment service Masterpass QR in Vietnam, enabling MasterCard holders to pay by scanning QR codes at thousands of points of sale across Vietnam. (Read more)
After Alibaba, Amazon to arrive in Vietnam
According to the chair of VECOM (Vietnam E-commerce Association) Nguyen Thanh Hung, the association met a representative of Amazon last week. Hung said Amazon’s strategy is to export goods across borders and import goods from Vietnam. (Read more)
VIMO to provide Wechat payment at Airport Outlets
The leading mobile payment platform in Vietnam VIMO.vn has signed strategic e-payment partnership with Southern Airports Services Joint Stock Company (SASCO) to accept WeChat Pay (Weixin Pay) from Chinese tourists at duty free stores of Ho Chi Minh City’s (HCM) international airport, before expanding to other airport stores of SASCO across the country. (Read more)
Vietnam’s Generation Z Earns Little, but Loves Eating Out: Report
Despite having little money, many members of Vietnam’s Generation Z spend a large percentage of their budget on eating out. (Read more)
Co-working spaces becoming more popular in Vietnam
The sharing economy has changed many habits of modern life. Many consumers prefer ‘shared riding’ with Grab and Uber, ‘shared accommodations’ when traveling with Couchsurfing and Airbnb and ‘shared working spaces’. (Read more)
Fintech Vietnam Jobs of the Month
- Customer support, Bitcoin Vietnam, Ho Chi Minh
- Trưởng phòng phát triển kinh doanh, Viet Union (Payoo), Ho Chi Minh
- Country Manager, 1Pay, Hanoi
Top Fintech South East Asia News
8 New Blockchain and Cryptocurrency Books to Learn Bitcoin and more
Cryptocurrencies have surged in value and popularity this year. This month, the combined market capitalization of all cryptocurrencies reached all-time high levels of more than US$445 billion this month. (Read more)
Top Asia Fintech Events for the 1st Half of 2018
Now that 2017 is over, here are some of the top fintech events in the region you should look out for. Be sure to use the discount codes for more savings! (Read more)
Fintech Singapore 2017 in Review
The fintech ecosystem in Singapore has grown significantly this year, with now more than 400 fintech ventures based in the city-state and over 30 fintech innovation labs or research centers set up by multinational corporations. (Read more)
Southeast Asia Is Riding a Global Trade Boom
Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a spate of elections. (Read more)
