Vietnam

Tackling Issues With Tech: A Look Into the Vietnam Proptech Industry

Last year, we saw movement restrictions causing office rents to plummet across Southeast Asia. As the region’s economies entered recession, consumer discretionary spending fell as many opted to wait out the economic storm. While office rents fell in Singapore, Bangkok

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AIA Vietnam to Offer Life and Health Insurance via Tiki’s e-Commerce Platform

AIA Vietnam and e-commerce platform Tiki has formed a 10-year agreement for an expansion of their financial services offerings. Under this agreement, AIA Vietnam will become Tiki’s exclusive insurance partner, enabling its customers to gain access to life and health

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Techcombank Ramps up Digitisation Efforts With Backbase Partnership

The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has chosen digital banking software provider Backbase to accelerate the digitalisation of its retail and corporate omni-channel engagement. Techcombank will leverage Backbase’s platform to innovate and design new digital financial services experiences

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Vietnam’s Digibank Timo Bolsters Its Board With 2 New Appointments

Vietnam’s digital bank Timo has announced two new additions to its Global Advisory Board; Nirukt Sapru, former CEO of Standard Chartered Bank Vietnam and Nam Tran, Co-Founder and Chairman of Moca. Additionally, Timo has concurrently made a series of additional senior

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How CIMB and Finhay Are Delivering Diversification Through Embedded Finance in Vietnam

Embedded finance will transform the role of finance, making it contextual, convenient and cost-effective. Instead of finance being a stand-alone function, it will get ingrained into the lifestyle of customers, whether it is making credit available at the point of

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VP Bank’s Subsidiary FE Credit Migrates Its Mission-Critical Apps to AWS’ Cloud

Amazon Web Services (AWS) announced that FE CREDIT, a consumer lender in Vietnam and subsidiary of VP Bank, is moving the vast majority of its IT infrastructure to cloud. With the move to AWS, FE CREDIT said that it is

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BNPL Platform Fundiin Secures Funding for Vietnamese Market Expansion

Fundiin, a Vietnamese Buy Now, Pay Later (BNPL) platform, has raised an undisclosed sum during its venture funding round led by 1982 Ventures and Zone Startups Ventures. This round of funding will allow Fundiin to expand their early lead in

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Bangkok Bank Unveils Cross-Border QR Payments Between Thailand and Vietnam

Bangkok Bank has unveiled cross-border QR payments between Thailand and Vietnam with the cooperation of the Bank of Thailand (BOT) and State Bank of Vietnam (SBV), claiming to be the first to do so. The service provided by Bangkok Bank

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Latvian Startup Jeff App Raises $1 Million for First Market Launch in Vietnam

Jeff App, a Latvian fintech startup providing a data-enabled loan brokerage platform for unbanked customers in Asia, has closed a $1 million financing round. Jeff App said that the funds will be used to launch new products and fuel growth

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How COVID-19 Served as a Catalyst for Digital Insurance in Vietnam

In Vietnam, COVID-19 has been a catalyst for digital transformation in the insurance sector, forcing incumbents to ramp up their digital capabilities and embrace technology. Post and Telecommunication Joint Stock Insurance Corporation (PTI), one of the Vietnam’s top three non-life

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