Central bank to regulate fintech banking

Central bank to regulate fintech banking

The State Bank of Vietnam (SBV) has been developing a sandbox for fintech banking and gathering feedback on a draft regulating the sector.
Government moves to legalise P2P lending

Government moves to legalise P2P lending

The Government will soon issue a decision to allow a pilot implementation of peer-to-peer (P2P) lending in the country before officially developing laws for the new form of business, Deputy Prime Minister Vuong Dinh Hue said.
Regulation needed for P2P loans

Regulation needed for P2P loans

With peer-to-peer lending becoming increasingly popular in Vietnam, experts said a legal framework is needed to regulate the activity to prevent loan-sharking.