Over the past few years, Vietnam’s FinTech industry has grown significantly on the back of rising adoption of digital transactions, a booming e-commerce industry, and a broader push by the government and regulators to boost digital finance adoption. Home to 250 active FinTech companies and with a high mobile penetration of 141%, Vietnam has emerged as one of the most preferred investment destinations for FinTech in Southeast Asia. The nation has shown signs of quick recovery from the effects of COVID-19, leading to impressive growth in the use of cashless payments and digital finance.

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