Journal of Economic Geography
Volume 2, Numéro 2, Pages 15-37
2025-07-04

International Experience In Financial Technology (fintech) Development And International Business: A Case Study Of Vietnam

Authors : Boulahlib Loutfi . Mesmoudi Talal .

Abstract

The study explores the rapid expansion of Financial Technology (Fintech) and its significant role in global economic development, with a focus on Vietnam, an emerging economy in Southeast Asia. It highlights how the COVID-19 pandemic has accelerated the growth of Vietnam's Fintech industry and examines the factors contributing to its success, including government support, skilled professionals, and a favourable regulatory environment. Through a narrative literature review, the research analyses international experiences in Fintech development and their impact on foreign trade, drawing comparisons with Vietnam's rise as a Fintech hub. The study also addresses challenges such as cybersecurity risks and regulatory compliance. The findings provide valuable insights for policymakers, entrepreneurs, and investors, offering practical implications for cultivating Fintech ecosystems in other emerging markets. The research contributes to the broader understanding of Fintech development in emerging markets and presents a roadmap for fostering sustainable growth in the global Fintech sector.

Keywords

Financial Technology ; Fintech ; Foreign trade ; Development ; Veitnam