Promoting The Development of Fintech in Vietnam in The Era of Growth

Abstract

In the current context of globalization, the development and explosion of the 4.0 industrial revolution has been bringing many changes to the Vietnamese financial technology market. In recent years, this market has had new and impressive transformations, reflected in the rapidly increasing number of Fintech businesses, companies, products and services. It can be said that the emergence of Fintech has changed the face of the financial services industry with the advantages of speed, efficiency, security, privacy and potential. Will the financial technology market in Vietnam continue to grow strongly? This article will research the current situation of Fintech in Vietnam to propose some solutions for government agencies, especially the State Bank, related to the development of Fintech in Vietnam.