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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Vietnam Fintech Market Share
Based on application, the market is segmented into trading, banking, insurance, taxation, and others. The banking sector is projected to grow at a CAGR of 20.3% between 2024 and 2032. Fintechs are providing banking institutions with advanced tools to boost their efficiency, such as chatbots for improved customer service, mobile applications for instant access to account information, and machine learning for enhanced fraud protection.
| Market Share by | Region |
| Southeast | 32.6% |
| Red River Delta | XX% |
| Mekong River Delta | XX% |
| South Central Coast | XX% |
| Others | XX% |
Vietnam Fintech Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 15.40 billion.
The market is estimated to grow at a CAGR of 17.8% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 67.27 billion by 2032.
The market is being driven by increasing digital adoption and a rise in financial inclusion in the country.
The key trends aiding the fintech market in Vietnam include favourable government initiatives boosting investments in fintechs and the growing adoption of innovative fintech solutions.
The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.
The different deployment modes of fintech are on-premise and cloud.
The major players in the market are ONLINE MOBILE SERVICES JOINT STOCK COMPANY, ZION Joint Stock Company, Vietnam Payment Solutions Joint Stock Company (VNPAY), Moca Inc., PAYOO SERVICES, Timo Digital Bank, VIETTEL Group, Smart Network Trading and Services Joint Stock Company, Finhay Vietnam Joint Stock Company, and NEXTPAY DIGITAL CONVERSION GROUP JOINT STOCK COMPANY, among others.
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United States (Head Office)
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124