This strategic collaboration with Moca marks an important milestone for Grab in Vietnam as we seek to accelerate our growth in one of the fastest growing economies in Southeast Asia, ” said Nguyen Tuan Anh, head of Grab Financial Group Vietnam.
Moca was granted a license for payment services by the State Bank of Vietnam in 2016 and has a network of 11 local banks as partners for their service, said Tran Thanh Nam, co-founder and chief executive of Moca
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This strategic collaboration with Moca marks an important milestone for Grab in Vietnam as we seek to accelerate our growth in one of the fastest growing economies in Southeast Asia
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Truong Gia Binh
At 10 p.m. on July 12, 2018, FPT chairman Truong Gia Binh was waiting calmly and patiently in front of a screen at the company’s headquarters in Hanoi.
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One of the main reasons for the expansion is the rapid growth in Vietnam’s middle class, which now accounts for 13 percent and is expected to rise to 36 percent by 2026.
Shoppers look at fruits at the Central Group Vietnam's Big C supermarket in Hanoi. Photo by Reuters/Kham
