On January 12th, VietnamEvent successfully organized the Asia Bank Conference: The Future of Finance in Vietnam 2018 in Hanoi. VietnamEvent was pleased to welcome Mr. Nguyen Kim Anh, Deputy Governor of the State Bank - Head of the Steering Committee of Fintech Vietnam, State Bank of Vietnam; Mr. Nguyen Toan Thang - General Secretary of the Vietnam Banks Association; and international speakers.
Attending the conference were more than 300 representatives from banks, companies in the field of technology, data storage and analysis, card and payment solutions online providers, digital banks, insurance companies and other financial companies.
Panel discussion
Digitalization and financial technology are the two main drivers that led to financial integration in Vietnam. The main characteristics of the nation's population, such as the high rate of young and unmarried people and the growth of smart phones, make Vietnam an attractive investment from other countries.
The digital financial industry in Vietnam is a promising market for both traditional banking organization and new businesses entering market that cover through all sectors: payments, loans, including finance, blockchain and more. At the same time, there is continuous pressure to cope with ASEAN economic competition in order to encourage domestic investors to step up their activities while working with foreign partners.
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