Vietnamplus

About 35 million people use smart phones in Vietnam, which is a favourable condition for the development of banking services on mobile platform.

The Ministry of Transport has ordered GrabTaxi Vietnam Co Ltd to halt a planned expansion; the company will only be permitted to grow within the five localities in their pilot programme.

Vietnam’s much vaunted digital access and advantages that arise from it could run out of steam unless it is renewed and made more substantial, experts have said.