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Financial technology

Fintech companies become capital providers for small and micro firms

Fintech companies become capital providers for small and micro firms

Financial technology (fintech) companies could be a great source of capital for small and micro enterprises, but a complete legal framework is needed to sustainably develop the capital channel, experts said.
Decree for Fintech sandbox to be submitted in Q4

Decree for Fintech sandbox to be submitted in Q4

The Government has issued a resolution to a sandbox for financial technology (Fintech) in the country’s banking sector.
Fintech forecast to be robust this year, driven by the creation of regulatory sandbox

Fintech forecast to be robust this year, driven by the creation of regulatory sandbox

Viet Nam saw strong fintech development in 2020, partly fuelled by the COVID-19 pandemic which forced people to shift to cashless payments.
Conference hails Viet Nam fintech potential

Conference hails Viet Nam fintech potential

Viet Nam is a promising market for fintech companies thanks to its young demographic, strong e-commerce growth, and growing smartphone and internet penetration, a conference heard in HCM City on Thursday.
Fintech needs improved legal framework, collaboration: conference

Fintech needs improved legal framework, collaboration: conference

To develop financial technology, a comprehensive legal framework and co-operation between banks and fintech businesses are required, experts told a conference organised by the State Bank of Viet Nam (SBV) and Asian Development Bank on Tuesday.
Sandbox regulations to be sumitted for approval in Q3

Sandbox regulations to be sumitted for approval in Q3

The legal framework on sandbox development will be submitted to the Government for approval in the third quarter of the year to foster new models of business and service.
Fintech the key to a modern digital banking strategy

Fintech the key to a modern digital banking strategy

Fintech is gaining popularity around the world as Southeast Asia, including Viet Nam, becomes a target for fintech’s global expansion.
Fintech firms offer banks cost-effective solutions

Fintech firms offer banks cost-effective solutions

As many as 72 per cent of Vietnamese fintech companies were opting to co-operate with local banks instead of competing, according to Le Anh Dung, director of the Payment Department under the State Bank of Viet Nam.
Fintech firms need support from banks: SBV

Fintech firms need support from banks: SBV

Fintech sector is facing with difficulties of capital mobilisation shortage, inadequate legal framework and banks’ hesitance in co-operation, said Le Minh Hung, Governor of State Bank of Viet Nam (SBV).
Cyber security regulations should ensure business rights

Cyber security regulations should ensure business rights

The cyber security law should be built on a careful assessment of its impacts on businesses and ensure the development of information technology and telecommunications.
Home Credit moves to fintech

Home Credit moves to fintech

Consumer finance company Home Credit Vietnam Finance Company Limited has announced that it is becoming a financial technology company to enhance customer service.
SSC warns against investing in cryptocurrencies

SSC warns against investing in cryptocurrencies

The State Securities Commission (SSC) has warned about the risks arising from investing in financial technology (fintech).
Fintech a tool to boost integration: ASEAN meet

Fintech a tool to boost integration: ASEAN meet

Financial technology (fintech) should be used to strengthen regional integration and promote inclusive and sustainable development, speakers said at the 47th ASEAN Banking Council Meeting in Da Nang yesterday.
Proptech to alter real estate industry

Proptech to alter real estate industry

After financial technology (fintech), which changed the way the financial sector worked, now, property technology (proptech) is expected to effect a change in the real estate industry.  
Central bank establishes committee to boost fintech

Central bank establishes committee to boost fintech

The governor of the State Bank of Viet Nam has set up a steering committee to boost financial technology, or fintech, in the country.