Australian energy trading technology company, Powerledger, on Tuesday announced it’s partnering with Viet Nam Electricity Central Power Corporation (EVNCPC) to launch Viet Nam''s first peer-to-peer (P2P) energy trading project at the Australia-Viet Nam Forum on Energy Transition.
The Ministry of Planning and Investment (MPI) has warned about the increasing use of foreign peer-to-peer (P2P) lending in Việt Nam with potential risks of black credit.
Peer-to-peer (P2P) lending companies expect that the sandbox for fintech would eliminate unscrupulous businesses and help the market grow significantly.
With cash still being the main payment mode, a youthful demographic and growing smartphone penetration, Viet Nam offers great opportunities for fintech developers, experts said.
Vaymuon.vn – the largest peer-to-peer (P2P) lending platform in Viet Nam – on Thursday signed a strategic co-operation agreement with Vietinbank Insurance Corporation to protect loans.
In a document sent to lenders this week, the SBV said the fourth Industrial Revolution has promoted the development of many new products and services, including P2P lending, which directly connects borrowers with lenders.
The Government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending in the country before officially developing laws for the new form of business, Deputy Prime Minister Vuong Dinh Hue said.
With peer-to-peer lending becoming increasingly popular in Viet Nam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking.
The State Bank of Viet Nam (SBV) has warned local people and firms to consider carefully and be cautious before taking part in peer-to-peer (P2P) lending as there are many potential risks related to the service.
The State Bank of Viet Nam is carefully studying international models of peer-to-peer lending (P2P) to develop a legal framework to effectively manage the country’s nascent fintech business, according to SBV deputy governor Nguyen Kim Anh.
Viet Nam’s financial marketplace and peer-to-peer (P2P) lending platform Tima has raised US$3 million in Series B funding from Belt Road Capital Management (BRCM), a Greater Mekong-focused private equity fund, Tima announced on Monday.
Peer to peer, or P2P, lending has been developing rapidly around the world in recent years with the establishment of many online lending companies, experts have said.
Achain, a public blockchain platform, offered solutions to problems related to blockchain scalability and adoption at the Viet Nam Blockchain Week on March 7 and 8.