The fintech industry has been growing steadily in Vietnam, fueled by increasing smartphone and Internet penetration, the country’s young population, and its rising middle class.
Vietnam’s internet economy is the second fastest-growing in the region, increasing 39 percent annually since 2015, according to a recent report from Google.
AppotaPay has got a license from the State Bank of Vietnam to become the 39th payment intermediary service provider in the country.
The first electric bus model manufactured by VinFast, a subsidiary of Vietnamese conglomerate VinGroup, has been put into operation on a trial basis at the firm’s manufacturing complex in Hai Phong.
- Vietnam’s internet economy – the region’s second fastest-growing: Google 1
- AppotaPay joins e-wallet race in Vietnam 2
- First electric bus goes on a trial run in Vietnam 3
- Vietnam’s electronic wallets “burn” money in a fierce battlefield 4
- PayME partners with Liquid Group to expand cross-border payment network 5
- Ride-hailing platform EMMDI raises undisclosed fund to link 30,000 taxis across Vietnam 6
Ride-hailing, e-commerce have been accepting losses for a bigger market share in Vietnam’s market. E-wallet, which have been mushrooming in the country have engaged into a similar race.
PayME, the first and only cross-border payment service provider in Vietnam, has joined hand with Singpore’s mobile payment service provider Liquid Group strengthen its cross-border contactless QR payment network.
Vietnam’s largest ride-hailing online management platform has raised a pre-Series A funding led by Vietnam-based startup accelerator ThinkZone Ventures, according to an announcement.
British multinational banking and financial service provider Standard Chartered has completed its first ever cross-bank Letter of Credit transaction between Vietnam and Thailand using blockchain technology.
E-payment firm NextPay plans to raise $60 – 100 million via private placement early next year, ahead of IPO and exchange listing in 2022, CEO Nguyen Huu Tuat told Deal Street Asia.
Galaxy Media and Entertainment has announced to have acquired a majority stake in online education startup Hocmai for an undisclosed investment amount.
The US tech giant Intel, which has invested $1 billion in Vietnam, plans to inject more capital into the market in the coming years.
Healthcare 4.0 is not a myth anymore and it's happening now.
Vietnam expects the number of digital businesses to increase to 70,000 by 2025 and 100,000 by 2030, Ministry of Information and Communications stated in a draft national strategy on digital businesses.
A story of finding the holy grail of artificial intelligence predicting financial markets, but why human nature, stuffed toy minions and alien lizards mess the whole thing up again.
Vietnamese technology firm VNG is suing TikTok, the popular short-form video app, saying it does not have adequate licences for the songs being used in its videos, sources said on Monday.
A proposed amendment to a government decree on advertising will require international advertising service providers to block and remove illegal contents when demanded by authorities.