VNBA teamed up with Tradepass to orchestrate Vietnam’s most disruptive fintech show
With a projected value of $18 billion by 2024, the country’s fintech market is at an all-time high. While acknowledging the shift in consumer behavior, Vietnam has welcomed myriad fintech advancements into its financial ecosystem. Digital payments, peer-to-peer (P2P) lending, cryptocurrencies, blockchain-based solutions, investment technology, point-of-sale and a number of other streams have proliferated in recent years.
While World Financial Innovation Series (WFIS)organized by Tradepass, has always been at the heart of exposing these rapidly developing markets, where it has also enabled many organizations to exploit the same, this time the platform made its foray into Hanoi on 4 – 5 April 2023 on Intercontinental landmark in Hanoi72.
The event had an unprecedented start and received phenomenal attention from a number of media houses when it was jointly opened through a cutting ceremony, which was graced by top officials from Vietnam Banks Association (VNBA), State Bank of Vietnam, World Bank, Bank for Investment and Development of Vietnam JSC and Tradepass.
The Vietnam Banks Association and Digital Pilipinas were supporting partners for the event and garnered massive recognition for the platform in the country and also the entire region that is Southeast Asia.
Acting as the bridge between members and government agencies for the further development of credit institutions has always been VNBA’s top priority and WFIS emerged as a very crucial step to support VNBA’s vision as it brought together the country’s leading banking, insurance and microfinance institutions under one roof.
Dr. Nguyen Quoc Hung (Secretary General, Vietnam Banks Association) spoke about the importance of the event, “The event is meaningful and useful for all financial organizations, banks in Vietnam can access knowledge from around the world through shared experiences that will help banks in having a more comprehensive identity and will fully prepare them to find solutions for digital transformation in the fastest and most efficient way.”
Ketut Ariadi Kusuma (Senior Financial Sector Specialist, World Bank) one of the key speakers at WFIS 2023 – Vietnam, shared his views on the event, “WFIS is a very interesting event. I can see a lot of attention from the industry players and decision-makers.”
The two-day event showcased what is currently driving Vietnam’s FSI through several knowledge-sharing sessions facilitated by the industry’s most recognized thought leaders. It also sheds light on the latest trending developments that seem to be the areas attracting maximum investor focus.
The deputy director of the information technology department of the State Bank of Vietnam, Doan Thanh Hai expressed why the event was a great platform for the financial industry, “This year’s conference gave us a great opportunity to discuss the most exciting technology application development issues in the banking and financial sector such as cloud computing of centralized digital currency, artificial intelligence and blockchain.”
The entire venue was flooded with 500+ top FSI professionals who showed a very keen interest in the exhibition hall which was covered with a very impressive array of technology vendors and related cutting edge fintech products. The lineup included Nucleus Software, Perfios Software Solution, MoEngage, Clayfin, OutSystems, Xebia, Genesys, NGS Telecommunication and Equipment Joint Stock Company, Alibaba Cloud, FPT Telecom International, iProov, AppSealing, SmartNet Technology Co., Ltd., MineSec. , Contour, Parasoft and VietNet Distribution Joint Stock Company (VietNet Distribution JSC.).
Giving his view on the quality of delegates at the event, Saurabh Madan (GM & VP – SEA, ANZ & Japan, MoEngage) said: “Very high quality delegates to start with, you had some strong movers and shakers from the Vietnam market at the stage and many people from the audience are also from different banks, so well done to the quality of the delegates.”
The course of topics for the conference was completely on point and paved the future road map for the country’s FSI. Some of the topics from the conference included ‘Revolutionizing of Digital Lending’, ‘Big Data in Banking’, ‘Streamlining Legacy System in Banking’, ‘Unlocking the Speed and Innovation of Cloud in the Digital Transformation Journey’ and ‘Digital Transformation in Insurance ‘.
Nucleus Software’s Head of Global Marketing, Ashish Khanna expressed his enthusiasm for WFIS, “It is a great platform for us to connect with industry peers as well as with different banks and financial institutions and it is an opportunity to share our global experience with managing more than $500 billion in retail and corporate assets. So it’s a great event and we’re privileged to be here.”
During the session, Kalidas Ghose (Managing Director, VPBank SMBC Finance Company Limited (FE Credit)) gave an amazing insight into how his organization was trying to simplify digital banking, he said, “We actually went into the customer’s life to find out how a digital banking can be integrated into his life instead of us trying to get him to use digital banking.”
Some of the key speakers from the event include: DR NGUYEN QUOC HUNG, Secretary General, Vietnam Banks Association; KETUT ARIADI KUSUMA, Senior Financial Sector Specialist, World Bank; PHAM THI NGUYET NGA, Deputy Managing Director, Chief Data Scientist, TNEX; JOHNSON POH, Chief Data Officer, VPBank; DOAN THANH HAI, Deputy Director of the Information Technology Department, SBV; DR LUC CAN, Chief Economist, Bank for Investment and Development of Vietnam JSC; NGUYEN MANH KHANG, Deputy Managing Director, CIO, Mcredit; KANISHK UPADHYAY, Executive Vice President, Techcombank; KALIDAS GHOSE, Managing Director, VPBank SMBC Finance Company Limited (FE Credit); MICHAL SKALICKY, Chief Customer Officer, Home Credit Vietnam.
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Tradepass provides access to the global emerging markets, bringing together people, products and solutions to power events for unparalleled business and networking opportunities. As the most accredited events company, it helps organizations: enter new markets, expand sales pipeline, close prospects, raise capital and identify the right solution providers.
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