After we successfully completed the Malaysia-Indonesia visit in February, we continued the project for Vietnam-Thailand-Cambodia in March.
According to the General Statistics Office Of Vietnam (GSO), Vietnam’s economy grew by 7.08% in GDP in 2018, far exceeding the government’s target of 6.7%. . This is above the 6.81% growth rate in 2017, the highest figure in the last 10 years (Source: http://news.kotra.or.kr)
Also, if you look at Vietnam ‘s financial industry, the competition among the ASEAN countries’ banks is the most severe because many foreign banks are allowed to set up local branch offices, and many domestic commercial banks are entering the market.
NYET and △△ Banks visited Hanoi, Vietnam to talk about the future of Vietnam’s financial industry with VNBA (Vietnam Banks’ Association), VIISA (Vietnam Innovative Startup Accelerator), Vietnam Banks Association Fintech Club, and FIS Bank.