Ant International expands fintech footprint in Việt Nam

May 1st at 22:49
01-05-2026 22:49:20+07:00

Ant International expands fintech footprint in Việt Nam

Ant International, a Singapore-based leader in digital payments and fintech, is expanding its footprint in Việt Nam through strategic partnerships to enhance cross-border payments and support the country’s development as a regional financial hub.

Ant International CEO Peng Yang discusses plans to collaborate with Vietnamese partners to develop HCM City into a regional financial hub during his keynote address at the MoMents 2026 forum in Kuala Lumpur on April 30. — Photo courtesy of the company

During the MoMents 2026 fintech forum held in Kuala Lumpur, Malaysia on April 30, the company highlighted its ongoing collaboration with the National Payment Corporation of Vietnam (NAPAS) and Vietcombank.

This partnership focuses on rolling out cross-border QR payment services, allowing Vietnamese consumers and international travelers to conduct seamless transactions.

Beyond payment solutions, the fintech giant is also working closely with the HCM City government to provide technical insights and support for the city’s ambition to become an international financial centre.

Peng Yang, Chief Executive Officer of Ant International, said the company’s strategy for the era of "AI commerce" involves building a more interconnected network.

“This includes integrating global payment systems with AI-driven financial services to help small and medium-sized enterprises (SMEs) access international markets.”

According to the latest data, Ant International now connects over 150 million merchants with more than two billion user accounts globally.

The company currently supports over 300 payment methods across 220 markets, including national QR systems in Southeast Asia such as Việt Nam’s NAPAS, Malaysia’s DuitNow, and Singapore’s SGQR.

To secure this massive transaction volume, which averages 20 million transactions daily, the firm has introduced new AI-driven technologies.

AI SHIELD: A risk management tool that uses over seven billion parameters to identify high-risk transactions with 95 per cent precision.

Falcon TST: An AI model designed to forecast foreign exchange (FX) trends, helping to reduce FX costs by up to 60 per cent.

AMP (Agentic Mobile Protocol): An open-sourced framework designed to facilitate secure, AI-native payments across mobile wallets and wearable devices.

In the Southeast Asian region, the company is also exploring the introduction of Islamic finance programmes and expanding its digital business centres to foster inclusive growth in emerging markets. 

Bizhub

- 17:10 01/05/2026



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