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Vietnam

Both Called MoMo, Opposite Fates: Vietnam's Just Turned Profitable, Taiwan's Just Hit Its First Decline

Vietnam's MoMo is a payment super app; Taiwan's momo is an e-commerce giant. The two namesakes hit opposite turning points — one turned its first profit in 2024 and now has Blackstone and MUFG bidding for its shares; the other posted its first-ever revenue decline in 2025.

Vietnam

Indonesian Fintech Unicorn Kredivo Reportedly Acquires Vietnam's First Digital Bank Timo

Indonesian BNPL unicorn Kredivo has reportedly acquired Vietnam's first digital bank Timo, planning to invest $15 million over three years to merge consumer lending with digital banking on a single platform.

Vietnam

Paying for Coffee With USDT in Vietnam? How a Crypto Wallet Tapped Into VietQR

Bitget Wallet lets users pay at Vietnamese shops with USDT via VietQR. A licensed intermediary converts stablecoins to VND in real time. But Vietnam's crypto regulations are tightening fast.