Vietnam news and trends

Grab Enables In-App Cashless Payments Via FinTech MoMo
Partnerships // November 06, 2023

Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app can now access and manage their funds from various sources, including MoMo eWallets, linked bank...

VNG Files to Become First Vietnamese Tech Firm Listed in US
IPO // August 24, 2023

Vietnamese internet startup VNG plans to go public in the United States. The company made its intentions known in a Wednesday (Aug. 23) filing with the Securities and Exchange Commission (SEC). VNG’s filing for an initial public offering (IPO) represents the first tech company from Vietnam to seek a listing in New York,...

Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam
Acquisitions // August 22, 2023

Thai bank Kasikornbank is reportedly in talks to purchase consumer finance company Home Credit Vietnam. That’s according to a report by Reuters, citing two sources who say the potentially $1 billion deal could help Kasikornbank (also known as KBank) with its ambition of becoming one of Vietnam’s top...

Temenos Helps Vietnam’s Sacombank Go Cashless
Digital-First Banking // November 10, 2022

Digital banking platform Temenos says it is working with Vietnam’s Sacombank to offer the bank’s 15 million customers “a seamless omnichannel experience.” Sacombank will use Temenos’s Infinity product to capture a “comprehensive 360-degree customer view, helping Sacombank to acquire, service, retain and cross-sell to customers,...

Interviews & Exclusives
FinTech Jeff Aims To Boost Lending To The Underbanked In South Asia

January 06, 2021
With no credit scores, limited financial transaction histories, and a huge amount of people who don’t even have a bank account, lending money in Vietnam is no simple task. While most financiers would run from an environment like that, CEO Toms Niparts of Jeff, an app-based lending platform based in Latvia, saw it as a […]

Bamboo Straws, Emerging Markets And The Lessons Of Selling Cross Border

September 03, 2019
It’s one thing to talk the talk on cross-border payments, one of the hottest and increasingly vital areas of global payments and commerce. It’s another thing to walk the walk,...

Why Vietnam Is The Next Payments And Commerce Frontier

August 30, 2019
Here’s a thought as the unofficial end of summer draws near and a new decade looms: Pay more attention to Vietnam. No doubt you already are, but maybe pay even...

Quick Reads
Visa and SeA Bank Team to Drive Digital Payments in Vietnam

May 30, 2024
Visa is expanding its partnership with Southeast Asia Commercial Joint Stock Bank (SeABank). The latest effort between the two companies is designed to help develop digital payments in Vietnam, SeABank said in a news release Wednesday (May 29). According to a news release, the effort is based on a series of “pillars,” including improved card […]

Grab Enables In-App Cashless Payments Via FinTech MoMo

November 06, 2023
Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to pay on the Grab app...

VNG Files to Become First Vietnamese Tech Firm Listed in US

August 24, 2023
Vietnamese internet startup VNG plans to go public in the United States. The company made its intentions known in a Wednesday (Aug. 23) filing with the Securities and Exchange Commission (SEC). VNG’s filing for an initial public...

Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam

August 22, 2023
Thai bank Kasikornbank is reportedly in talks to purchase consumer finance company Home Credit Vietnam. That’s according to a report by Reuters, citing two sources who say the potentially $1 billion deal could...