Vietnam
Southeast Asia's Fastest-Growing Digital Finance Market
Vietnam has emerged as one of the most dynamic fintech markets in Southeast Asia, driven by a young tech-savvy population, rapid smartphone adoption, and strong government support for digital transformation. With its booming economy and innovative startup ecosystem, Vietnam is reshaping financial services across the region.
ย
Why Vietnam for Fintech?
โ
Explosive Digital Growth: Over 70% of adults use mobile banking, with e-wallets like MoMo, ZaloPay, and ViettelPay leading the cashless revolution.
โ
Government Backing: The State Bank of Vietnam (SBV) promotes fintech through sandbox programs and a national digital banking strategy.
โ
Young, Tech-Savvy Population: 70% under age 35, driving demand for digital-first financial solutions.
โ
Strong Investor Interest: Vietnam attracted over $800M in fintech funding in recent years, with major players like VNPay and Tiki expanding services.
Key Fintech Trends
- Digital Payments & E-Wallets: Mobile payments dominate, with QR code transactions growing 300% year-on-year.
- Peer-to-Peer (P2P) Lending: Platforms like Tima and VayMuon provide microloans to underserved SMEs and consumers.
- Blockchain & Crypto: Vietnam ranks among the top global crypto adopters, with growing DeFi and Web3 startups.
- Open Banking & BNPL: Banks and fintechs collaborate on API-driven services, while "buy now, pay later" gains traction.
ย
The Future of Fintech in Vietnam
With plans for a digital currency pilot, AI-powered finance, and cross-border payment innovations, Vietnam is set to become Southeast Asiaโs next fintech powerhouse.
We support you in starting successfully
- Researching the Vietnamese FinTech market
- Setting up and running aย subsidiaryย on behalf of you
- Advising you onย funding and government support
- Introducing you toย key decision-makersย in the FinTech community
- Finding theย right locationย for your office
- Supportingย marketing and salesย initiatives
- Identifying and facilitatingย pitching opportunities
- Translatingย documents and marketing materials
- Educating you on theย latest trendsย in FinTech