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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.
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 21, 2020 | 02:00 pm GMT+7
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 08, 2019 | 03:32 pm GMT+7
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 28, 2019 | 11:18 am GMT+7
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 21, 2019 | 02:12 pm GMT+7
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 | 08:13 pm GMT+7
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 31, 2019 | 02:20 pm GMT+7
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 02, 2019 | 04:39 pm GMT+7
Vietnam tops world in growth of mobile payment users

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 | 08:03 pm GMT+7
Vietnam fintech startup raises $1 million from foreign venture capitalists

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 28, 2019 | 11:34 am GMT+7
Hanoi to host 2019 Future of Finance Vietnam

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 | 06:31 pm GMT+7
Make or break time for Vietnamese e-wallets

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 17, 2018 | 09:28 am GMT+7
Vietnamese startups pour $129 million into financial tech

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 | 03:00 pm GMT+7
In race to be Asia's fintech hub, Singapore leads Hong Kong

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.
July 04, 2016 | 07:49 am GMT+7
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