Tagged: vietnam

Cross-Border QR Payments Gain Ground as Vietnam, Korea Connect Retail Networks

For South Korean travelers in Vietnam, paying for coffee, taxis, or hotel bills may soon feel much more like paying at home. BIDV, Vietnam National Payment Corporation (NAPAS), South Korea’s KEB Hana Bank, and GLN International have launched a cross-border QR code payment service linking… Read More

Climate Investors Bet on Efficient AI Infrastructure in Sygaldry’s $139m Raise

Climate-focused venture capital is increasingly targeting the infrastructure behind artificial intelligence, as surging compute demand and power consumption create new investment opportunities across the digital economy. Vietnam-based Earth Venture Capital said it participated in Sygaldry Technologies’ $139 million financing round, which included a $34 million… Read More

Vietnam’s CAEX Secures OKX Ventures, HashKey Backing for Crypto Pilot Entry

Vietnam’s race to build a regulated crypto market is beginning to look less like a policy experiment and more like a capital test. Vietnam Prosperity Crypto Asset Exchange Joint Stock Company (CAEX) said it had signed investment agreements with OKX Ventures and HashKey Capital, with… Read More

Gobi Partners Eyes Vietnam National VC Fund as Hanoi Pushes Deep-Tech Growth

Malaysia- and Hong Kong-based venture capital firm Gobi Partners is seeking to invest in Vietnam, including through the country’s newly established national venture capital fund, as Hanoi steps up efforts to channel more capital into strategic technology sectors. A Gobi delegation led by co-founder and… Read More

Vietnam Proposes 0.1% Tax on Crypto Transfers in Draft Rules

Vietnam’s Ministry of Finance has proposed a 0.1% tax on turnover for each crypto-asset transfer conducted through platforms operated by licensed service providers, under a draft circular released for public consultation, The Hanoi Times reported. Under the draft framework, crypto-asset transfers and trading would be… Read More

Visa, Pismo, Circle Asia Technologies Launch Vietnam’s PayLater Card

Visa (NYSE:V), a digital payments enabler, and Pismo announced a strategic collaboration with Circle Asia Technologies, a credit-led neobank in Southeast Asia, to unlock credit for Vietnam based clients. This will enable Circle to launch an AI-enabled PayLater card aiming to set standards for personalization,… Read More

Fintech Firm FinFan Teams Up with Thunes to Support Vietnam’s Cross-Border Remittance Ecosystem

FinFan, a Vietnam-based fintech company specializing in comprehensive cross-border remittance technology solutions, and Thunes, the so-called Smart Superhighway to move money around the world, have signed a Memorandum of Understanding (MoU) for a collab that is said to be aimed at advancing the development of… Read More

Tether and Da Nang City in Vietnam to Support Blockchain enabled Digital Governance and Infrastructure

Tether, which claims to be one of largest companies in the digital asset industry, announced the signing of an MoU with the People’s Committee of Da Nang City in order to enable the development of digital infrastructure and various governance models in one of Vietnam’s… Read More

Vietnam Targets SME Credit Via Digital Rails

Vietnam is leaning on digital finance to lift productivity and widen access to credit as it chases high-income status by 2045, with regulators and lenders turning sandboxes and open-banking trials into near-term policy tools rather than distant ambitions. The two-day Digital Finance Inclusion Conference 2025,… Read More

Vietnam Launches NDAChain, the National Blockchain Platform to Enhance Digital Data Infrastructure

In a step toward building a digital ecosystem, Vietnam has announced the deployment of NDAChain, its national blockchain platform. Developed by the National Data Association and operated by the Data Innovation and Exploitation Center (under the National Data Center, Ministry of Public Security), NDAChain is… Read More

Vietnam’s AI Hay Raises $10M in Series A Funding Led by Argor Capital

Vietnam-based artificial intelligence startup AI Hay has raised $10 million in a Series A funding round led by Southeast Asia-focused venture capital firm Argor Capital, the company said in a statement on Wednesday. The latest round, which also drew participation from existing investors Square Peg,… Read More

Vietnam Passes Digital Technology Law, Legalizes Crypto Assets

Vietnam has passed a sweeping law to regulate digital assets and boost the country’s technology sector, formally legalizing crypto assets and laying the groundwork for strategic investments in artificial intelligence and semiconductors. The Law on Digital Technology Industry, approved by the National Assembly on Saturday,… Read More

Insurtech Akur8 Selected by Vietnam’s PTI to Enhance Insurance Pricing Strategy

Akur8, the pricing and reserving Platform, is pleased to announce a collaboration with Post Telecommunication Joint Stock Insurance Corporation (PTI), a non-life insurer in Vietnam. PTI will leverage Akur8 Pricing platform to “strengthen its actuarial capabilities and deliver both fair and competitive insurance pricing in… Read More

Vietnam to Launch Fintech Sandbox for P2P Lending and Credit Scoring in July

Vietnam will begin a two-year regulatory sandbox for selected fintech services, including peer-to-peer (P2P) lending, credit scoring, and open banking data sharing, starting July 1, under a government decree issued earlier this week. Decree 94, released on April 29, establishes a controlled testing environment for… Read More

Vietnam Finance Ministry Rejects Proposal to Start Crypto Transactions in 2026

Vietnam’s Ministry of Finance (MoF) has opposed a proposal by the Ministry of Planning and Investment (MPI) to allow cryptocurrency and digital asset transactions in financial centers starting July 1, 2026, citing the need for further research and regulatory development. The MoF’s stance was outlined… Read More

KuCoin Research Reveals Strong Positive Sentiment Towards Digital Assets in Vietnam

KuCoin, a global cryptocurrency exchange, is pleased to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from Dec 3 to Dec 4, 2024, the results underscore the… Read More

London’s Fintech TerraPay Teams Up with Vietnam Maritime Commercial Joint Stock Bank

Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) has signed a strategic cooperation agreement with TerraPay, a global money movement company. This collaboration will bring digital payment solutions and data capabilities “to help MSB enhance efficiency and offer the best payment service experience to customers… Read More

Fintech Backbase Strengthens Vietnam Presence with Global AI Hub in Ho Chi Minh City

Backbase, the global enabler of Engagement Banking, announces the establishment of its first global Center of Excellence (COE) focused on Artificial Intelligence (AI) in Ho Chi Minh City, Vietnam. The COE will serve as the development hub “for Backbase’s AI banking solutions worldwide and will… Read More

Backbase Engagement Banking Platform Leveraged By OCB to Launch Modern Financial Services

Backbase, the global enabler of Engagement Banking, Orient Commercial Joint Stock Bank (OCB), a private bank in Vietnam, together with SmartOSC, the digital enabler, announce the go-live of the Backbase Engagement Banking Platform to launch OCB’s OMNI 4.0 app. The OCB OMNI 4.0 version reportedly… Read More

Investment Platform TWINO Announces Suspension of Lending Operations in APAC Region

Investment platform TWINO is announcing the suspension of lending operations in the Asia-Pacific region. TWINO says that it is reaching out to provide clients “with an important update regarding TWINO Group’s lending operations in Vietnam and the Philippines, part of the joint venture with VIA… Read More

Send this to a friend