Applications of Machine Learning (ML) - The real situation of the Vietnam Fintech Market

Hoang Duc Le; Giang Huong  Nguyen; An Thuy  Bui; Trang Quynh  Le; Trang Ha  Nguyen

doi:10.56209/jommerce.v2i2.28

Authors

Hoang Duc Le National Economic University, Hanoi, Vietnam
Giang Huong Nguyen National Economic University, Hanoi, Vietnam
An Thuy Bui National Economic University, Hanoi, Vietnam
Trang Quynh Le National Economic University, Hanoi, Vietnam
Trang Ha Nguyen National Economic University, Hanoi, Vietnam

DOI:

https://doi.org/10.56209/jommerce.v2i2.28

Keywords:

Machine Learning, Vietnam Fintech Market, Financial Institution, Technology

Abstract

Machine Learning (ML) is a well-known term in the technological field. However, using ML models in financial institutions is a matter of concern. In fact, the 4.0 Industry has encouraged them to expand their digital system to bring the best experience for their clients. This journal will discuss the definition and applications of ML, the actual situation of the Vietnam Finetech Market. Thereby, we will make predictions about the future of financial institutions, which determines them to use ML in their activities.

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