HAI PHONG, Vietnam, November 27, 2024 /PRNewswire/ — Vietnam Fintech Summit 2024 (VFS) took place on November 26, 2024 at the Pullman Hotel, Haiphong. This is an activity within the National Creative Startup Day 2024 event series organized by the Ministry of Science and Technology in coordination with the People’s Committee of Haiphong City with the common goal of promoting connectivity, uniting to develop the Vietnamese creative startup ecosystem (Accelerating Ensemble Vietnam Namestartup ecosystem), increasing the attraction of domestic and foreign resources to develop the type of business operating on the basis of exploitation of intellectual property, technology and new business models (startups).
The VFS event was co-organized by the Vietnam Software and IT Services Association (VINASA) and the Fintech Community – Techfest Vietnam, in collaboration with two leading technology communities in Asia – APAC DAO and Tech Vietnam Advocates, bringing together hundreds of fintech executives, entrepreneurs and experts at home and abroad, joining hands to promote innovation and sustainable development in the Fintech field. According to the welcome speech by Dr. Pham Hong Quat, Director of the Department of Science and Technology Market and Enterprise Development of the Ministry of Science and Technology, this year’s event has evolved from a community event to an event international, with depth and expertise. , helping to further promote the innovation ecosystem in Haiphong in particular and Vietnam and the region in general.
Fintech development potential in Vietnam
As one of the fastest growing Fintech markets in the region, Vietnam currently stands out with more than 19 billion US dollars in total value of electronic payment transactions and is the second largest market in ASEAN in terms of Fintech financial volume. The market value of Fintech in Vietnam increased by 0.7 billion US dollars in 2016 at 4.5 billion US dollars in 2022, with transaction volume increasing by over 150% during this period and currently serving over 29 million users (according to Vietnam Plus)
The Vietnam Fintech Summit international conference provides an ideal opportunity for Fintech startups to gain a deeper understanding of the Vietnamese financial market and connect with leading fintech experts from around the world.
With numerous in-depth discussions and panels around Fintech industry topics such as Open Banking trends, Open API cooperation, technology applications in cashless payments, the role of technology in expanding the access to financial services for end users and AI applications in the financial sector. , more than 15 leading speakers from Prudential AI Labs, TMA Solutions, Indonesia Fintech Association, MBBank, Credos Partners and AthenaFS… shared practical lessons and international experiences to promote sustainable development and open up numerous cooperation opportunities in Vietnam Fintech ecosystem.
Participation of prestigious partners and leading experts
The Vietnam Fintech Summit 2024 is proud to count on the participation and support of prestigious organizations in the fields of finance and technology, including two leading technology communities in the APAC region, DAO and Tech Vietnam Advocates, with a network of more than 40,000 experts; 5,000 technology companies in Asia and the region.
The conference brings together over 30 leading Fintech community partners, such as the African Fintech Network, iDEA Digital Finance Association Alliance, Digital Finance Association Alliance, Indonesia Fintech Association, Cambodia Finance and Technology Association, Cyberport – Hong Kong the government’s innovative startup incubator, Digital Pilipinas (Philippines), Global Financial Technology Institute (Singapore), Global Tech Advocates, Hong Kong Financial Industry Association, Luxembourg Department of Financial Technology, Philippines Fintech Association, Startup Vagabond, Tech Malaysia Advocates, Tech Singapore Advocates, Thailand Fintech Association, Global Impact Fintech Forum, Vietnam – Swiss Economic Forum. Malaysia Fintech Association, Australia Fintech Association, Daejeon Center for Creative Economy & Innovation (DCCEI, Korea), BRICS Chamber of Commerce and Industry, TechSauce Thailand, Official Global PR Publisher PRNewswire, Vietnam Silicon Valley Capital, Silicon India (India) and the Vietnam CIO community. We would like to sincerely thank the valuable support of more than 30 domestic and foreign partners for the Vietnam Fintech Summit event.
Introduction to the organizers and collaborators of the Vietnam Fintech Summit 2024
Co-organizers:
Vietnam Software and Information Technology Services Association (VINASA):
VINASA is a non-profit, non-governmental organization representing more than 600 companies in the field of software and information technology (IT) services in Vietnam. VINASA members include famous companies such as VNPT, Mobifone, Viettel, FPT, CMC, TMA, Harvey NashGlobal Cybersoft and many others. VINASA members represent 70% of the IT workforce and contribute 70% of the value of software products nationwide, making an important contribution to the development of Vietnam digital economy. Every year, VINASA organizes several of the largest computer programs in Vietnam like the Vietnam – Asian Summit on Digital Transformation, Vietnam – Asian Conference on Smart Cities; major awards such as the Sao Khue Award, the Vietnam Smart City Award,… VINASA is also a member of several of the largest IT organizations in the region and the world such as ASOCIO, APICTA, WITSA.
- Fintech Community – Techfest Vietnam:
Fintech Community – Techfest Vietnam is a platform to connect and promote startup innovation, especially in the field of financial technology. Adapting to the new normal, the Fintech community focuses on expanding access to global knowledge and connections, attracting domestic and foreign Vietnamese experts, intellectuals and entrepreneurs. It is a pioneering community in promoting financial technology solutions to support sustainable economic growth in Vietnam. - APAC DAO:
APAC DAO is the leading B2B technology community in the Asia-Pacific region, growing strongly with more than 3,000 members, more than 800 projects and operating in more than 15 countries. Through the strength of the community and the ability to connect, APAC DAO has created great influence, reaching over 4 million technology enthusiasts through a network of member communities, significantly contributing to the development of the ecosystem technology in the region. - Defenders of Tech Vietnam:
As an arm of Global Tech Advocates, Tech Vietnam Advocates is part of a global network of over 40,000 technology leaders in over 40 countries. Known as a founding member of London Tech Week, Global Tech Advocates has expanded its global influence by supporting innovative technology initiatives, promoting cooperation and knowledge exchange in the global technology sector.
The Vietnam Fintech Summit 2024 is an important event that not only connects domestic experts, but also opens cooperation and growth opportunities in the field of financial technology for Vietnamese companies and startups with the international market. Closing the 2024 event, the organizing committee has prepared an implementation plan for the 2025 event on a larger scale to strongly promote and develop the potential of the Fintech ecosystem in Vietnamhelping to raise Vietnam becoming the cradle of financial technology in the region.
Contact details
For more information, please contact:
MS. Nguyen Thi Hai ThanhRepresentative of the Organizing Committee
E-mail: vnfintechfestival@gmail.com
Information and images of past and upcoming events on https://vietnamfintechsummit.com/.