Vietnam’s fintech market value expected to reach $8 billion by 2020VietNamNet Bridge - Finance technology solutions are growing rapidly in Asia Pacific. In Vietnam, all conditions are favorable to pave the way for the fintech market to boom. According to Solidiance, Vietnam’s fintech market in 2017 was valued at $4.4 billion and the figure is expected to increase to $7.8 billion by 2020. The organization says that the government of Vietnam has offered strong legal support to develop the fintech market. Solidiance’s research shows that payment solutions account for 89 percent of Vietnam’s fintech market.

Source: VietNamNet News June 08, 2018 01:30 UTC