Fintech Development and Cooperation Strategies of Vietnamese Commercial Banks

The digital technology platform with the Industrial Revolution 4.0 has created favorable conditions for the combination of finance and technology (Fintech) to create new products and services in the financial - banking sector. With the advantage of creativity and the ability to apply advanced digital technology platforms such as blockchain technology, cloud computing, artificial intelligence, data analysis, the Fintech field has been developing strongly globally in general and in Vietnam in particular. Therefore, the cooperation between commercial banks and Fintech companies will bring benefits to both parties and increase new experiences for customers. The article focuses on analyzing cooperation strategies between Vietnamese commercial banks and Fintech companies as well as proposing solutions to solve obstacles hindering this cooperation.