Vietnam's wealthtech platforms seize the moment as young investors get hooked

Vietnam's wealthtech platforms seize the moment as young investors get hooked

Photo : MayoFi / Unsplash.com

Nguyen Mai Hong, who works for a furniture company in Vietnam’s capital city Hanoi, is a novice in investing. She started dabbling in stocks and bonds only recently after she was introduced to Finhay, one of the many wealth management platforms available in the country.

Twenty-six-year-old Nguyen wanted to grow her small savings. “I don’t have any experience in stock investing, so I put about 20 million dong [$870] into Finhay, which will use the money to invest in bonds and stocks. I was told the interest I can earn is much higher than bank interest rates,” she said.

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