Vietnam’s Digital Finance Landscape: Banks Gain Ground Amidst Shifting Competition
Fintech News
JULY 3, 2024
These incumbents had made a strong entry, collectively achieving a 23% penetration rate and securing the fifth position, the data show. Top digital financial platforms in Vietnam by penetration rate (%), Source: The Connected Consumer Q4 2023, Decision Labs, 2024 This came amid the entry of Apple Pay in the Vietnamese market in August 2023.
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