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The Future of Finance Vietnam 2018
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The Future of Finance Vietnam is coming back in 2018, bigger and better. Vietnam’s financial service landscape is full of opportunities today.
The key features of the country’s population – high young and unbanked population coupled with high mobile penetration – makes Vietnam a highly attractive place for foreign investments. Since the launch of the steering committee by the country’s central bank, Vietnam’s financial technology (fintech) scene has shown a lot of progress and is ready to take off on a higher scale.
The digital finance industry in Vietnam is a promising market for both traditional banking institutions and new market players, spanning across payments, loans, financial inclusion, blockchain and more. At the same time, the continuous pressure to respond to ASEAN economic competition is encouraging local players to step up their game, while collaborating with foreign counterparts.
Key focus areas include:
- The next steps in digital banking
- Meeting changing customer expectations
- Small and medium-sized enterprise (SME) lending and credit scoring
- New payment infrastructure
- Risk concerns and resolutions
- Alternative models of financing
- Machine learning and big data
- Financial inclusion and digital channels