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New technologies could lift Vietnamese banks' profits by 15-17 pct
Technological innovations are shaping developments in the banking sector. Banks, in order to maintain growth and expand their customer bases, have no choice but to quickly adopt and implement technologies across their operations.
In race to be Asia's fintech hub, Singapore leads Hong Kong
Singapore is rushing to reinvent itself as Asia's financial technology, or fintech, hub to fend off a regulatory threat to its wealth management industry and revive a sluggish economy.
Vietnamese startups pour $129 million into financial tech
Widespread smartphone usage, increased consumer spending and a low unemployment rate have spurred investment.
April 16, 2018 | 12:00 am PT
Make or break time for Vietnamese e-wallets
Big moves by some players are exerting severe pressure on many e-wallet service providers in Vietnam.
September 16, 2018 | 06:28 pm PT
Hanoi to host 2019 Future of Finance Vietnam
The Future of Finance Vietnam forum, which seeks to nudge the financial sector into adopting digital technology, will take place on January 10.
December 22, 2018 | 03:31 am PT
Vietnam fintech startup raises $1 million from foreign venture capitalists
Vietnamese fintech firm Finhay has raised $1 million in seed funding from Singapore’s Insignia Ventures Partners and other foreign investors.
January 27, 2019 | 08:34 pm PT
Vietnam tops world in growth of mobile payment users
The number of Vietnamese people making mobile payments in stores this year has grown fastest globally by 24 percent.
March 19, 2019 | 05:03 am PT
Tax incentives can speed up cashless payment in Vietnam
Vietnamese banks are proposing tax incentives for businesses adopting e-payments as a way to boost cashless payments.
May 2, 2019 | 01:39 am PT
Vietnam’s booming e-commerce, fintech sectors scramble to hire the best
There is rising demand for talent in Vietnam’s rapidly growing e-commerce and fintech sectors, says recruitment firm Michael Page.
May 30, 2019 | 11:20 pm PT
E-wallet firms tussle for bigger slice of the pie
Recent mergers and acquisitions in Vietnam’s fintech industry indicate a strategic fight for e-wallet market share.
June 19, 2019 | 05:13 am PT
Central bank worried about high foreign ownership in fintech firms
Vietnam’s central bank is worried foreign ownership of up to 90 percent in large fintech firms could lead to market manipulation.
August 20, 2019 | 11:12 pm PT
Grab to pour $500 mln into Vietnam operations
Grab plans to invest $500 million in Vietnam in the next five years to expand its transport, food and payment networks.
August 27, 2019 | 08:18 pm PT
Vietnam fintech sector in the fast lane
The number of financial technology companies in Vietnam has grown from around 40 in 2016 to 154, focusing on payment, peer-to-peer lending and crowdfunding, a survey has found.
October 8, 2019 | 12:32 am PT
Covid-19 impacts: IT sector bucks trend, offer more jobs
IT is among very few sectors seeing higher employment rates even as the Covid-19 pandemic cuts jobs elsewhere.
April 20, 2020 | 11:00 pm PT
Chinese loan sharks infest Vietnam credit waters
Vietnamese police are investigating a rising number of foreign loan sharks, mostly Chinese, targeting low-income workers in urgent need of money.
June 9, 2020 | 05:07 pm PT
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