Fintech needs improved legal framework: experts Business

Fintech needs improved legal framework: experts

To develop financial technology, a comprehensive legal framework and cooperation between banks and fintech businesses are required, experts told a conference organised by the State Bank of Vietnam (SBV) and Asian Development Bank (ADB) in Ho Chi Minh City on September 10.
ASEAN, India review free trade agreement on goods World

ASEAN, India review free trade agreement on goods

The Association of Southeast Asian Nations (ASEAN) and India have agreed to review their free trade agreement (FTA) signed in 2009 to make it more business-friendly and boost bilateral economic ties.
Singapore: Investment in fintechs surges World

Singapore: Investment in fintechs surges

Investment in Singapore’s financial technology companies in the first half of 2019 has quadrupled from a year ago to 453 million USD, according to a recent report of consulting company Accenture.
Vietnamese startups to reach unicorn status soon Business

Vietnamese startups to reach unicorn status soon

As Vietnam, one of the hottest startup hubs in the world, is welcoming a huge wave of venture capital, its tech startup firms are expected to quickly reach the unicorn status, which means they are valued 1 billion USD or more, according to insiders.
Banking apps the way forward Business

Banking apps the way forward

Banking apps on cell phones are helping people in rural areas manage their finances, said Pham Xuan Hoe, deputy director general of the Banking Strategy Institute at the State Bank of Vietnam (SBV) at the launching ceremony of the i3 programme held in Hanoi on November 14.
HCM City innovation, startup week 2018 launched Sci-Tech

HCM City innovation, startup week 2018 launched

The Ho Chi Minh City People’s Committee and the Finnish Embassy in Vietnam launched the Ho Chi Minh City Innovation, Startup, and Entrepreneurship Week 2018 (WHISE 2018), the city’s largest event in innovation, science-technology, and startups, on October 18.
Deputy PM urges Shinhan Card to develop fintech in Vietnam Business

Deputy PM urges Shinhan Card to develop fintech in Vietnam

Deputy Prime Minister Vuong Dinh Hue has urged the Shinhan Card Co., Ltd. of the Republic of Korea (RoK) to develop an ecosystem for financial technology (fintech) firms in Vietnam in training workforce and applying scientific-technological advances.
IMF, WB launch Bali Fintech Agenda World

IMF, WB launch Bali Fintech Agenda

The International Monetary Fund and the World Bank on October 11 launched the Bali Fintech Agenda, a set of 12 policy elements aimed at helping member countries to harness the benefits and opportunities of rapid advances in financial technology, while at the same time managing the inherent risks.