The UK FintechRoadshow to Vietnam

Date: 12 – 15 January 2016

Background

As Vietnam’s growth has been transforming this country of 90m people (31% adults banked), the financial services sector offers new opportunities for UK companies. Majorreform and modernisation processes plus increased foreign investment, including from the UK, continues to evolve this sector.The five year banking reform will conclude in 2015 with some six (more) mergers that the central bank believes the consolidating would make the banking sector healthier.

Banking sector plays a critical role in the Vietnam’s growingeconomy – GDP doubled in the last 12 years. Vietnam’s economy has shifted away from being “cash-based” to“cash-less and fast growing” i.e. number of bank cards increased significantly from 21m in 2009 to 68m in 2013;internet penetration up to 43% in 2014; 1.45 mobile subscription per every Vietnamese; mobile internet penetration reached 34% by 2014; e-commerce/m-commerceexpected to be booming in the next three years (valued $300m in 2011 and estimated $2.5bn by end of 2015).

Following the UK Prime Minister’s visit to Vietnam in July where he participated in aFintech roundtable, this first time Roadshowin Vietnam will enhance the UK’s offer in financial technology to Vietnamese bankers and executives/technical officers from insurance and security companies. Participating companies will meet directly with approx 50 potential buyers and partners in Vietnam who have a strong interest in the newest technology and financial applications. In response to the underwayreforms and M&A, increasing demand for compliance and transparency is creating a need for better reporting and risk management. Technology for tackling cyber fraud would also be of great interest of the Vietnamese banks.UKTI Vietnam’s close relationship with both the regulators and businesses will guaranteestrong engagement from the Vietnamese side.

Outlined Programmes (TBC)
Date / Programme
Mon 11 Jan 2016 / Arrive Hanoi
Tues12 Jan 2016 / Briefing with UKTI Vietnam
Conference in Hanoi where UK Fintech companies will present and
meet with over 50 attendants from the banks, insurance, securities
and ICT companies
One-to-one meetings
Networking reception (estimated 70 attendants)
Weds13 Jan 2016 / Site visit to a bank/card centre and/or securities company
Private meetings
Leave for Ho Chi Minh City
Thurs 14 Jan 2016 / Conference/roundtable in Ho Chi Minh City with over 50 attendants
from the banks, insurance, securities and ICT companies
One-to-one meetings
Networking reception (estimated 70 attendants)
Fri 15 Jan 2016 / Site visit to a bank or securities company
Private meetings
Participation

Organisation and participation fees are waived for all UK participating Fintech companies.

Flight

Please make your own purchase. Vietnam Airlines offers direct flights London – Hanoi/Ho Chi Minh City at approx. £1,000 for a return ticket.

Accommodation

Approx £70/night for a 3 – 4 star hotel and £90/night for a 4 – 5 star hotel in both Hanoi and Ho Chi Minh City. UKTI can help with the hotel booking or you can make your own arrangement at the British Embassy’s corporate rates.

Eligibility

To participate in this Roadshowyour business must be established within the UK and selling or marketing a Britishproduct or service. A UKTI panel will assess your application on eligibility and the suitability of your product to the Vietnamese market.

How To Apply

Please fill out the application form and return to Nam Nguyen fore the deadline.

Contact

Nam Nguyen
Deputy Head UKTI, British Embassy Hanoi, 31 Hai Ba Trung Street, Hanoi, Vietnam

Tel: +84(0)4 3936 0500
Email:

Le Hanh Le
Senior Commercial Officer, UKTI, British Consulate General, 25 Le Duan Street, District 1, Ho Chi Minh City, Vietnam
Tel: +84(0)8 3825 1380
Email:

Application Form
The UK FintechRoadshow to Vietnam 2016

Once completed, please return this form to and before 31 Dec 2015.

Applicants must be UK based companies seeking to promote UK goods and/or services into Vietnam.

Roadshow dates:
12 – 15 Jan 2016 / Roadshow location:
Hanoi and Ho Chi Minh City, Vietnam

The person detailed below will attend:

Participant’s details
Participant / Name
Position
Tel
Email
Contact Person / Name
Position
Tel
Email
Company Details
Name of company
Company registration number
Address
Postcode
Tel
Website
Founded in (year)
No. of employees in the UK
Main competitors

Please provide a description of your business and products/services for the Roadshow brochure (max 200 words). Please include any relevant background information on your expertise, your focus, etc. Please note if your application is successful, this description will be distributed to companies in Vietnam.

Please provide your objectives for participating in the FintechRoadshow to Vietnam

Have you had previous experience in the Vietnam market? If so, please describe