A supportive ecosystem for startups has been established in the Philippines and it continues to evolve, providing a platform for the development of innovative enterprises, according to a new report of the Asian Development Bank (ADB).
The Asian Development Bank (ADB) and Switzerland have signed a cofinancing agreement of up to 5 million USD to develop financial technologies (fintech) that can help address low financial inclusion in Vietnam, particularly among small and medium-sized enterprises (SMEs).
One of Singapore's top pure-play digital content sites - asiaone.com - on March 21 ran an article entitled “Vietnam: Can it become the Fintech Mecca of the east?”, highlighting that Vietnam’s fintech has reached new heights and its growth is fuelled by the newly introduced legal framework.
One of Singapore's top pure-play digital content sites - asianone.com - on March 21 ran an article entitled “Vietnam: Can it become the Fintech Mecca of the east?”, highlighting that Vietnam’s fintech has reached new heights and its growth is fuelled by the newly introduced legal framework.
Indonesia is one of the top three nations in fintech in the south and southeast Asian region, behind India and Singapore, according to a survey just released by Robocash Group, a fintech company with offices in Asia and Europe that specialises in providing technological finance solutions for the underserved by the traditional banking system in emerging markets.
Both foreign and domestic fintech firms are promoting connections with commercial banks to lend unsecured loans to individuals, and small and micro enterprises as demand for consumer and business loans at the end of the year is rising.
Vietnam is a top market in adopting new technologies, in which 58% of digital consumers have used online banking solutions, e-wallets, money transfer applications, and digital banking.
Vietnam is a top market in adopting new technologies, in which 58% of digital consumers have used online banking solutions, e-wallets, money transfer applications, and digital banking.
The first-ever Vietnam Innovators Summit will be organised in November, featuring high-level executive networking with informative and carefully curated activities aimed at providing a space for insight-sharing on Vietnam’s continuous growth over the years, even amidst the pandemic.
Indonesia’s tax compliance special staffer Yon Arsal has said the country has collected nearly 6.8 million USD each month since the imposition of crypto and fintech transaction taxes in May.
A workshop held in Hanoi on June 16 underlined the need for financial technology (fintech) services for the development of small- and medium-sized enterprises (SMEs).
The London-based Global Economics Times magazine has awarded the Best New Fintech Product 2022 to "Fly first - Pay later", a technological product launched by the new-age carrier Vietjet and the MOVI consumer finance solution.
Fintech and e-commerce accounted for 70 percent of total venture capital in the country last year, and this trend is predicted to continue in 2022, Dau tu (Vietnam Investment Review) reported.
More than 36,500 new jobs were created in Ho Chi Minh City in the first quarter, 1,800 more than the same period last year, according to the municipal Department of Labour, Invalids and Social Affairs.
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