Promoting fintech cooperation between Viet Nam and Australia

The Australian Trade and Investment Commission, together with a business delegation, has arrived in Viet Nam to launch a series of activities aimed at promoting cooperation in the digital transformation of the banking sector between the two countries.

Australian fintech and regtech business delegation. (Photo: The Australian Embassy)
Australian fintech and regtech business delegation. (Photo: The Australian Embassy)

The programme is part of the Australian Government’s Landing Pad initiative, which seeks to connect providers of financial technology solutions with banks and financial institutions in Viet Nam, with a view to developing secure, inclusive, and modern financial services aligned with digital transformation goals.

This is an important component of the memorandum of understanding signed in June 2025 between the Viet Nam Banks Association and the Australian Trade and Investment Commission, reflecting Australia’s long-term commitment to supporting the development of Viet Nam’s banking and financial sector.

The three-day programme, running from April 14 to 16, opened in Ho Chi Minh City and is set to conclude in Ha Noi. It offers an opportunity for Australian businesses to gain deeper insights into digital transformation trends in Viet Nam’s banking sector, the legal and regulatory environment, and market potential, while also showcasing their capabilities and strengthening business links with domestic partners.

As part of the programme, a thematic seminar held on April 14 focused on the development direction of the banking sector, featuring an overview of the financial ecosystem, technological transformation needs among financial institutions, and key areas such as cybersecurity, compliance, risk management, payment infrastructure, and digital assets.

Viet Nam is currently regarded as one of the region’s most dynamic digital banking markets, with strong growth in digital payments and mobile financial services. At the same time, the push to apply artificial intelligence and harness data is opening new opportunities for the financial sector.

Emma McDonald, Australia’s Senior Trade and Investment Commissioner to Viet Nam, said the fintech and regtech engagement programme between Australia and Viet Nam is intended to promote direct in-market exchanges, thereby creating further opportunities for bilateral trade cooperation.

She stressed that the combination of Australian technology solutions and Viet Nam’s development needs would help build a resilient financial ecosystem with global connectivity.

According to the schedule, in the following days the delegation will meet with banks and innovation centres in Ho Chi Minh City before continuing similar activities and joining a roundtable discussion in Ha Noi.

By strengthening cooperation and leveraging each side’s strengths, the two countries hope to accelerate digital transformation, improve operational efficiency, and move towards more sustainable development in the banking sector in the time ahead.

NDO
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