Tagged: vietnam

Crypto Exchange Huobi Says it Intends to Make Vietnam a “Strategic Fortress”

Huobi.Pro, a cryptocurrency exchange, says it wants to make Vietnam a strategic fortress. The comments came during a keynote speech at the Blockchain Festival Vietnam. Huobi claimed an annual turnover of $850 million in 2017 – so it is pretty big. While some jurisdictions have… Read More

Singapore Partners with Vietnam as MAS Signs New Fintech Agreement

The Monetary Authority of Singapore (MAS) and the State Bank of Vietnam (SBV) have agreed to form a new partnership to encourage Fintech innovation while simultaneously strengthening cooperation in banking supervision. MAS has signed numerous bilateral Fintech agreements with many different jurisdictions. The strategy has… Read More

Vietcombank Selects Finastra to Drive Digital Transformation Initiatives

UK-based fintech Finastra announced last week it was selected by the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to drive its digital transformation initiatives. Finastra reported its technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance… Read More

Mekong Business Initiative Teams Up With State Bank of Vietnam to Launch Fintech Challenge Vietnam

Australia-funded Mekong Business Initiative has teamed up with the State Bank of Vietnam to launch Fintech Vietnam Challenge, which is described as a global call to local and international companies to proposed fintech solutions which will benefit Vietnam. The program’s description reads: “The Fintech Challenge Vietnam inventivizes adoption… Read More

NextTech Aims To Be Vietnam’s Alibaba

E-commerce company NextTech, which is based out of Hanoi, Vietnam, is aiming to become its country’s version of Alibaba. Alibaba, of course, is China’s e-commerce and technology (including Fintech) juggernaut that helped the country surpass the US in mobile payments by more than 50 times. Can… Read More

Woomentum Coming to Vietnam

The Singapore based platform, Woomentum, has announced its plan to expand into the emerging market in Vietnam. Woomentum, founded by Mouna Aouri, is a crowdfunding site that focuses on female entrepreneurs, providing them with support during the most difficult stage of the start-up processes. Their website states:… Read More

State Bank of Vietnam Creates Steering Committee on Fintech

Last Friday, the Governor of the State Bank of Vietnam (SBV) signed Decision No.328/QĐ-NHNN to establish SBV Steering Committee on Fintech. According to the bank, the Steering Committee on Fintech will be led by Deputy Governor Nguyen Kim Anh and Deputy Director of SBV Payment… Read More

P2P Bitcoin Marketplace Remitano Expanding Globally

Vietnam-based peer-to-peer bitcoin marketplace platform Remitano is continuing its global expansion into the English-speaking market. Remitano is already operating in the U.S., Australia, Malaysia, Nigeria, Vietnam, Cambodia, and China. Cryptocoins News reported that CEO and Co-Founder Dung Huynh who is also the company’s Lead Product… Read More

Mekong Capital Invests in Pawn Shop Service Chain & Technology

F88 is a Vietnam-based pawn shop service chain and it secured last month an undisclosed amount of investment thanks to its attractive tech platform that “was launched to overcome the difficulties in accessing funds from customers, meet market demand, as well as catch up with… Read More

Vietnam Shifts Toward Cashless Economy

Vietnam is moving forward in reducing cash transactions and formalizing electronic payment methods. Deputy Prime Minister Vuong Dinh Hue signed a plan that ensures that the country has the infrastructure and equipment that it needs to progress toward a cashless economy by 2020. Focus areas… Read More

Tima Claims to be Vietnam’s First P2P Lending Platform, Raises Series A

Tima says that it is Vietnam’s first P2P lending platform, and it has recently secured Series A funding from a Singaporean investor.  The amount is unclear but is a reported “US dollar seven-figure” amount.  The Singapore fund is also unnamed. An unnamed co-founder of Tima… Read More

South Korean Woori Bank Partners with Vietnamese M-Service to Advance in Southeast Asian Market

The South Korean commercial bank Woori Bank Co. has partnered with the Vietnam-based mobile banking service provider M-Service, according to Pulse News, aiming to strengthen its presence in the Southeast Asian financial market.  Woori Bank has opened over 200 global financial service outlets, with two offices already in Vietnam, in… Read More

CrowdPlus.Asia Claims First ASEAN Equity Crowdfunding Platform

CrowdPlus.Asia is the first, of the approved platforms, to launch in Malaysia – and across multiple Asian markets. CrowdPlus.asia will focus on the ASEAN market, having established a presence in Malaysia, Thailand and Vietnam, as well as mainland China and Hong Kong where there is a number… Read More

WikiLeaks Launches $100,000 Crowdfunding Campaign to Raise Bounty for Trans-Pacific Partnership Documents

In an attempt to gain full access in the top-secret Trans-Pacific Partnership (TPP) trade deal, the documentation leaking website, WikiLeaks, has launched a crowdfunding campaign on its own platform to raise $100,000 reward for the remaining chapters of the TPP. The TPP is a “proposed regional regulatory and investment treaty”…. Read More

CoAssets Partners with Alternaty Real Estate in Push to Grow in Emerging Markets

Real Estate Crowdfunding Platform Sees Opportunity in Vietnam, Cambodia, Laos and Other Emerging Markets. Southeast Asia’s first real estate crowdfunding site CoAssets, has partnered up with Alternaty as it expands its footprint into other Asian countries. Altneraty, a real estate company based in Vietnam, specializes… Read More

A Crowdtilt Campaign Will Send A TechCrunch Reporter To Find Flappy Bird Creator Dong Nguyen

A bit of history: Flappy Bird was an annoyingly difficult and incredibly addictive game for iOS and Android. I played it once on a friend’s phone, and after ten frustrating minutes I handed the phone back and swore not to download it lest I spend… Read More

Delay in Crowdfunding Rules Hurts Foreign Entrepreneurs (OpEd)

Quang Mai Duy, the dynamic CEO of the Vietnamese start-up company Biaki, has a problem. Despite Biaki’s initial progress in developing its CRM software solution for the Vietnamese market, Quang is having a hard time raising capital in Vietnam. Angel investing outside of the family… Read More

Delay in Crowdfunding Rules Hurts Foreign Entrepreneurs

Quang Mai Duy, the dynamic CEO of the Vietnamese start-up company Biaki, has a problem. Despite Biaki’s initial progress in developing its CRM software solution for the Vietnamese market, Quang is having a hard time raising capital in Vietnam. Angel investing outside of the family is almost non-existent in… Read More

First wrecked, now pillaged: Vietnam’s underwater treasure

Vietnam has thousands of kilometres of coastline, and may have thousands of shipwrecks. Many of these wrecks would be loaded with archaeologically fascinating and significant items. But the country has struggled to preserve its underwater cultural heritage. To date the protection and preservation of Vietnam’s… Read More

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