Fintech Vietnam Meetup is back with the first newsletter of 2018, with all you need to know about Fintech in Vietnam. Before diving into the latest news, why not take a look at Fintech Vietnam in Review 2017?
This edition features progress in the payments sector such as the deployment of Masterpass QR codes and Wechat Payments in Airport outlets. We also see how regulators are eyeing and curbing the cryptocurrency craze in Vietnam.
TOP Fintech Vietnam News
Tran Vinh Tuyen, deputy chair of the local People’s Committee, has demanded cooperation from the city’s police department and competent agencies in investigating transactions with the digital money and preventing investors and enthusiasts from engaging in the outlawed activity. (Read more)
THE K-ICT Born2Global Centre, a South Korean government agency under the Ministry of Science, ICT and Future Planning (MSIP), yesterday said that MOIN, one of its member companies, would launch a fast money transfer service in Vietnam in the first quarter of 2018. (Read more)
Financial services firm MasterCard on December 11 introduced electronic payment service Masterpass QR in Vietnam, enabling MasterCard holders to pay by scanning QR codes at thousands of points of sale across Vietnam. (Read more)
According to the chair of VECOM (Vietnam E-commerce Association) Nguyen Thanh Hung, the association met a representative of Amazon last week. Hung said Amazon’s strategy is to export goods across borders and import goods from Vietnam. (Read more)
The leading mobile payment platform in Vietnam VIMO.vn has signed strategic e-payment partnership with Southern Airports Services Joint Stock Company (SASCO) to accept WeChat Pay (Weixin Pay) from Chinese tourists at duty free stores of Ho Chi Minh City’s (HCM) international airport, before expanding to other airport stores of SASCO across the country. (Read more)
Despite having little money, many members of Vietnam’s Generation Z spend a large percentage of their budget on eating out. (Read more)
The sharing economy has changed many habits of modern life. Many consumers prefer ‘shared riding’ with Grab and Uber, ‘shared accommodations’ when traveling with Couchsurfing and Airbnb and ‘shared working spaces’. (Read more)
Fintech Vietnam Jobs of the Month
Top Fintech South East Asia News
Cryptocurrencies have surged in value and popularity this year. This month, the combined market capitalization of all cryptocurrencies reached all-time high levels of more than US$445 billion this month. (Read more)
Now that 2017 is over, here are some of the top fintech events in the region you should look out for. Be sure to use the discount codes for more savings! (Read more)
The fintech ecosystem in Singapore has grown significantly this year, with now more than 400 fintech ventures based in the city-state and over 30 fintech innovation labs or research centers set up by multinational corporations. (Read more)
Southeast Asian nations are riding a global trade boom that’s set to underpin solid economic growth next year, supporting the region as it embarks on monetary policy tightening and braces for a spate of elections. (Read more)