IDEAS home Printed from https://ideas.repec.org/a/mth/ber888/v14y2024i4p166-175.html
   My bibliography  Save this article

Application of Fintech Financial Technology in the Stock Market in Vietnam

Author

Listed:
  • Nguyen Thi Thuy Nga

Abstract

Along with the strong development of science and technology, the application of modern technology in many activities in the financial market, including the stock market, has contributed to promoting and creating new steps. a major turning point in the development and integration of these markets. The application of modern technology has created technological leaps in the financial sector around the world, bringing incredible changes in the fields of securities, banking, and investment. Currently, Fintech is playing an important role in changing the way investors participate in the stock market.The profound impact of the 4.0 Industrial Revolution is and has been taking place strongly on most industries around the world in general and Vietnam in particular, so the stock market is no exception to that trend. Developing the stock market towards integrating modern information technology applications is an inevitable trend. Recognizing the importance of information technology application in the field of securities and stock market, the State Securities Commission has gradually modernized the technology platform to improve management and supervision capacity, operating and serving the development of the market.Regarding the development of securities products and services, since 2017, a number of securities companies have researched and deployed financial technology applications to increase customers' investment experience. Up to now, Fintech has helped new investors easily access stock investment channels with many convenient trading features, low costs, saving time and effort. However, Fintech applications in stock trading in our country are not really diverse, still at a simple level such as supporting buying and selling transactions, providing transaction information for investors. The article provides comments and assessments on the current status of Fintech applications in stock trading in Vietnam and some proposals to widely deploy these applications in the stock market in the near future.

Suggested Citation

  • Nguyen Thi Thuy Nga, 2024. "Application of Fintech Financial Technology in the Stock Market in Vietnam," Business and Economic Research, Macrothink Institute, vol. 14(4), pages 166-175, December.
  • Handle: RePEc:mth:ber888:v:14:y:2024:i:4:p:166-175
    as

    Download full text from publisher

    File URL: https://www.macrothink.org/journal/index.php/ber/article/download/22440/17277
    Download Restriction: no

    File URL: https://www.macrothink.org/journal/index.php/ber/article/view/22440
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mth:ber888:v:14:y:2024:i:4:p:166-175. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Technical Support Office (email available below). General contact details of provider: http://www.macrothink.org/journal/index.php/ber .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.