In Vietnam, the fintech industry is growing rapidly, especially in the amount of investment and the number of new firms, which grew by over 150% since 2017. With the rise of e-commerce in Vietnam, digital payments have been the most prominent segment of the fintech landscape.

Knut Nguyen and Philip Ziter, lawyers with Vietnam-based law firm Russin & Vecchi joined us to discuss the fintech market in Vietnam. We discussed all areas of fintech including crypto, blockchain and NFTs, and the challenges for investors in this space. We also examined whether fintech regulations is keeping up to speed with Vietnam's wider narrative of increasing FDI activities.

For more on fintech in Vietnam, please visit https://www.russinvecchi.com.vn/

Nhut has experience in international business and multi-jurisdictional transactions.

His practice focuses principally on M&A, private equity, international finance, and inbound foreign investment in general.

Nhut has been involved in a number of large transactions in which he has acted for multinational clients to provide solutions to structure and to implement the transaction.

He has particular experience in structuring complex M&A deals that require creative structures of share acquisition in light of existing legal restrictions and ambiguities.

He has led the Russin & Vecchi team in various large-scale transactions, including comprehensive, non-conventional due diligence investigations, deal structuring, transaction documentation, performance of conditions precedent and rectification of due diligence issues, funding structures and funding documentation, closing coordination, and post-acquisition integration.

Nhut has practiced law in Vietnam for 20 years.

Prior to joining Russin & Vecchi, Philip worked in Vietnam as an attorney at a top tier regional law firm and later with a commercial firm involved in blockchain.

Philip advises on corporate and transactional matters, and on financing arrangements.

Philip has been legal advisor to a handful of startup companies. He is knowledgeable in the fintech, blockchain, and e-commerce industries in Vietnam, Hong Kong, Singapore, and the US.

Philip has also worked with manufacturers, pharmaceutical companies, and many entities in cross-border transactions.

He advises on inbound investments involving corporate finance, manufacturing, intellectual property, and mergers and acquisitions.