Vietnam Fintech Summit 2024 (VFS): Accelerating Innovation and Collaboration in Financial Technology in Vietnam and the region
Vietnam Fintech Summit 2024 (VFS) took place on November 26, 2024 at Pullman Hotel, Hai Phong. This is an activity within the framework of the National Creative Startup Day - Techfest Vietnam 2024, an event series organized by Vietnam’s Ministry of Science and Technology in coordination with the People's Committee of Hai Phong City, jointly promoting connectivity and fostering the Vietnamese creative startup ecosystem under the motto “Together accelerating Viet Nam's startup ecosystem”. VFS and Techfest Vietnam 2024 have drawn thousands of international and local delegates, catalyzing domestic and foreign resources to support intellectual property, technology and new business models for innovative startups.
The VFS event was co-organized by the Vietnam Software and IT Services Association (VINASA) and the Fintech Community - Techfest Vietnam, plus two leading technology communities in Asia - APAC DAO and Tech Vietnam Advocates, bringing together hundreds of leaders, entrepreneurs and financial technology experts at home and abroad in the Fintech field. According to the welcoming speech of Dr. Pham Hong Quat, Head of General Department, National Agency for Technology Entrepreneurship and Commercialization Development, Ministry of Science and Technology, this year's event has seen significant transformation from a community event to an international conference heralding fintech innovation in Hai Phong in particular and Vietnam and the region in general.
The Growth Potential of Fintech in Vietnam
As one of the fastest growing Fintech markets in the region, Vietnam stands out with over $19 billion in total digital payment transaction value, making it the second largest Fintech market in ASEAN by volume. The Vietnam Fintech Summit offers an ideal platform for Fintech startups to further explore Vietnam’s financial market and connect with leading global financial technology experts.
Featuring in-depth keynotes and panels on key Fintech topics such as Open Banking, Open API collaboration, cashless payment technologies, expanding financial access through tech, and AI applications in finance, the event showcased insights, practical lessons and international experiences from over 15 leading experts from Prudential AI Labs, TMA Solutions, the Indonesian Fintech Association, MBBank, Credos Partners, AILink and AthenaFS to drive sustainable growth and foster collaboration in Vietnam’s Fintech ecosystem.
Participation of prestigious partners and leading experts
Vietnam Fintech Summit 2024 is proudly supported by prestigious organizations in the fields of finance and technology, including two leading technology communities in the APAC region, APAC DAO and Tech Vietnam Advocates, with a network of more than 40,000 experts and 5,000 technology companies in Asia and the region.
The conference brings together more than 30 leading Fintech community partners such as the African Fintech Network, iDEA Digital Finance Association Alliance, Digital Finance Association Alliance, Indonesia Fintech Association, Cambodia Finance and Technology Association, Cyberport - Hong Kong government's innovative startup incubator, Digital Pilipinas (Philippines), Global Fintech Institute (Singapore), Global Tech Advocates, Hong Kong Financial Industry Association, Luxembourg Department of Financial Technology, Philippines Fintech Association, Startup Vagabond, Tech Malaysia Advocates, Tech Singapore Advocates, Thailand Fintech Association, Global Impact Fintech Forum, Vietnam - Switzerland Economic Forum. Malaysia Fintech Association, Australia Fintech Association, Daejeon Center for Creative Economy & Innovation (DCCEI, Korea), BRICS Chamber of Commerce and Industry, TechSauce Thailand, official global PR publisher PRNewswire, Vietnam Silicon Valley Capital, Silicon India (India) and Vietnam CIO community. We are grateful for the valuable support from more than 30 domestic and foreign partners to the Vietnam Fintech Summit event.
Introduction of the organizers of Vietnam Fintech Summit 2024
APAC DAO:
APAC DAO is the leading B2B Fintech & Web3 technology community in the Asia-Pacific region, growing strongly with more than 3,000 members, 800+ projects and operating in 15+ countries, reaching more than 4 million technology enthusiasts through a network of member communities, contributing significantly to the development of the technology ecosystem in the region.
Tech Vietnam Advocates:
Tech Vietnam Advocates is part of a global network of more than 40,000 technology leaders in more than 40 countries - Global Tech Advocates. Known as a founding member of London Tech Week, Global Tech Advocates has been expanding its global influence by supporting innovative technology initiatives, promoting cooperation and knowledge exchange in the global technology sector.
Vietnam Software and Information Technology Services Association (VINASA):
VINASA is a non-governmental, non-profit organization representing more than 600 enterprises in the field of software and information technology (IT) services in Vietnam. VINASA members include famous companies such as VNPT, Mobifone, Viettel, FPT, CMC, TMA, Harvey Nash, Global Cybersoft and many others. VINASA members account for 70% of the IT workforce and contribute 70% of the value of software products nationwide, making an important contribution to the development of Vietnam's digital economy. Every year, VINASA organizes many of the largest IT programs in Vietnam such as the Vietnam - Asia Digital Transformation Summit, Vietnam - Asia Smart City Conference; major awards such as Sao Khue Award, Vietnam Smart City Award,... VINASA is also a member of many of the largest IT organizations in the region and the world such as ASOCIO, APICTA, WITSA.
Fintech Community - Techfest Vietnam:
Fintech Community - Techfest Vietnam is a platform to connect and promote innovation from startups, especially in the field of financial technology. Adapting to the new normal context, the Fintech community focuses on expanding access to knowledge and global connections, attracting domestic and overseas Vietnamese experts, intellectuals, and entrepreneurs. This is a pioneering community in promoting financial technology solutions to support sustainable economic growth in Vietnam.
Stay tuned for Vietnam Fintech Summit 2025!
Vietnam Fintech Summit 2024 has wrapped up yet it has opened doors and opportunities for cooperation and growth in the field of financial technology between Vietnamese businesses and the international market. The Organizing Committee has already embarked on the implementation plan for the 2025 event on a larger scale to strongly promote and develop the potential of the Fintech ecosystem in Vietnam, helping to elevate Vietnam to become the hub of financial technology in the region. Please follow us on social media and stay tuned for announcements of Vietnam Fintech Summit 2025!
