1. Overview of Fintech Development in Vietnam In Vietnam, Fintech is still in its early stages and underdeveloped due to the lack of a cohesive ecosystem among key stakeholders such as the government, financial institutions, Fintech companies, investment funds, and financial-telecom infrastructure. However, Fintech activities in Vietnam have seen rapid growth. The number of Fintech …
Based on the foundation of three major tools: advances in information technology, Big Data processing technology, the rapid development of e-commerce, and the digital economy, Fintech operates similarly to financial companies with specific characteristics. So, the current question is whether Fintech companies can be considered a new economic sector. Can they be considered financial institutions? …
