SHS Web of Conf.
Volume 89, 2020Conf-Corp 2020 – International Scientific-Practical Conference “Transformation of Corporate Governance Models under the New Economic Reality”
|Number of page(s)||7|
|Section||Coordination of the Corporate Governance System with New Business Formats: Ecosystem, Platform, Distributed Companie|
|Published online||23 December 2020|
Developing a FinTech Ecosystem in Vietnam: Opportunities and Challenges for Startups
Quang Trung University, Dao Tan Str.,327, 590000 Quy Nhon city, Vietnam
* Corresponding author: firstname.lastname@example.org
In the article, the author has analyzed the current situation of fintech market development and Vietnam’s startup ecosystem in recent years. The research results show that, in the past 3 years, the number of fintech companies in Vietnam has nearly quadrupled, the market value in 2020 is estimated at 9 billion USD. With 72% of adults using smartphones, nearly 64% of the population using the Internet, along with the young generation of technology-savvy, the explosion of e-commerce and the support of the Government, Vietnam is a potential market for implementing tech startup models. Opportunities and challenges for fintech startups in Vietnam have been discussed by the author, from which solutions to develop fintech ecosystems are proposed in the upcoming time.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.