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Update news Moca
To prevent the spread of the new strain of coronavirus in Vietnam, customers are encouraged to adopt cashless payment methods.
Vietnam is considered an attractive market with massive potential for the development of super apps.
An economics expert has said e-wallet firms are breaking out promotions to try and win large chunks of the high potential market in Vietnam.
As competition in the mobile wallet sector is heating up with new operators, big names in the industry continue to step up their game in the race for dominance.
Opportunities will slip through Vietnamese firms’ hands if a sandbox is not developed soon, NextTech chairman Nguyen Hoa Binh said at a conference on November 7.
Grab Holdings Inc. announced on August 28 that it will invest $500 million in Vietnam in the next five years to expand its services in the country.
Ride-hailing apps have been expanding their market share, attracting more customers and becoming more ambitious in the e-payment field.