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Vietnamese buy into interest-free credit for durables

Vietnamese buy into interest-free credit for durables

Using credit cards to buy consumer durables through installment plans is becoming a common trend, especially among young people.
Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in ASEAN fintech funding attraction

Vietnam ranks third in attracting funding in the fintech industry with $375 million, accounting for 11 percent of the six major ASEAN economies, a report shows.
November 12, 2021 | 01:00 am PT
Indonesia fintech startup Kredivo launches in Vietnam

Indonesia fintech startup Kredivo launches in Vietnam

Indonesian fintech platform Kredivo has announced a Vietnam launch through a joint venture, seeking to offer "buy now, pay later" services.
August 30, 2021 | 05:12 pm PT
Fintech startup gets $2 mln seed funding from global investors

Fintech startup gets $2 mln seed funding from global investors

Vietnamese fintech startup Infina has raised $2 million in seed funding from five global venture capitalists.
June 29, 2021 | 12:15 am PT
Fintech startup Mfast raises $1.5 mln

Fintech startup Mfast raises $1.5 mln

Fintech startup Mfast has raised $1.5 million in its Pre-Series A funding from a group of investors led by Do Ventures.
June 21, 2021 | 04:10 am PT
Fintech firm NextPay seeks to raise $100 mln

Fintech firm NextPay seeks to raise $100 mln

E-payment company NextPay Holdings plans to raise up to $100 million in the first quarter next year via a private placement.
September 5, 2020 | 11:45 pm PT
Chinese loan sharks infest Vietnam credit waters

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
Covid-19 impacts: IT sector bucks trend, offer more jobs

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
Vietnam fintech sector in the fast lane

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
Grab to pour $500 mln into Vietnam operations

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
Central bank worried about high foreign ownership in fintech firms

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
E-wallet firms tussle for bigger slice of the pie

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
Vietnam’s booming e-commerce, fintech sectors scramble to hire the best

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
Tax incentives can speed up cashless payment in Vietnam

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
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