Vietnam and Australia seek to boost fintech
The strategy will help strengthen the commitment to trade and investment, economic liberalization, and connectivity between Australia and Vietnam.
The strategy will help strengthen the commitment to trade and investment, economic liberalization, and connectivity between Australia and Vietnam.
It is a golden time to invest in Vietnam’s fintech thanks to the growing demand for e-payment.
P2P is still outlawed in Vietnam and poses high risks for customers, including personal data leakage, cyberattack, or involves them in offenses such as money laundering and tax evasion.
The government is responsible for not only promoting innovation in the banking sector, but also maintaining stability and safety of the financial market.
Fintech – the fusion of finance and technology – could be a game-changer for inclusive economic growth amidst the pandemic.
Demand from sales manager and marketing manager in FMCG increased in the first quarter of 2020.
Foreign ownership limit could affect the attraction of foreign direct investment (FDI) in the field of intermediary payment services in particular and fintech in general.
Vietnam has witnessed dynamic growth of the fintech sector, with the increasing participation of the older generations.
By the end of 2020, all commercial banks are required to meet Basel II standards, a condition for local lenders to expand their respective credit growth limit and increase registered capital.
Ant will not control more than 50% of eMonkey, but is expected to have significant influence and provide technical expertise to the e-wallet