EzyRemit Investment NSW Visit: Strengthening Australia-Vietnam Fintech Collaboration
EzyRemit Investment NSW collaboration reached a new milestone when representatives from Investment NSW visited the company’s Ho Chi Minh City office on 6 March 2026. Specifically, Mr Najib Lawand and Mr Kien Nguyen from Investment NSW met with the EzyRemit Vietnam team to discuss the evolving fintech landscape and opportunities for deeper bilateral cooperation.
Consequently, the visit reinforced the growing partnership between Australian government bodies and fintech innovators operating in the Vietnam corridor. Furthermore, this engagement reflects the NSW Government’s commitment to supporting New South Wales-based businesses as they expand into high-growth international markets.
Why the EzyRemit Investment NSW Partnership Matters
Investment NSW plays a critical role in supporting the international growth of New South Wales-based companies. Specifically, the agency maintains offices across Southeast Asia, including Vietnam, to facilitate trade, investment, and strategic partnerships between Australian businesses and regional markets.
Moreover, the visit comes at a significant time for Australia-Vietnam fintech relations. In 2025, Austrade signed a Memorandum of Understanding with the Vietnam Banks Association to foster bilateral trade and investment in financial services and technology. Additionally, the NSW Innovation Blueprint 2025/26 has earmarked substantial funding for startups and technology commercialisation, reflecting the state government’s commitment to making New South Wales a global innovation hub.
Furthermore, Australia and Vietnam elevated their relationship to a “Comprehensive Strategic Partnership” in recent years. The Vietnam-Australia Development Partnership Plan 2025-2030 outlines cooperation in digital innovation, economic reform, and human capital development. Therefore, government-backed engagements like this EzyRemit Investment NSW visit serve as practical implementations of that bilateral vision.
The Australia-Vietnam Fintech Corridor: Market Opportunity
The bilateral financial relationship between Australia and Vietnam has deepened significantly over the past decade, creating one of the most dynamic fintech corridors in the Asia-Pacific region. Specifically, Australia-Vietnam two-way trade exceeded AUD $20 billion in 2024, with financial services emerging as a high-growth sector within this partnership. Furthermore, the elevation of the bilateral relationship to a “Comprehensive Strategic Partnership” has unlocked new avenues for cross-border economic cooperation, particularly in digital finance and technology transfer.
The Vietnamese diaspora in Australia represents a critical driver of remittance demand. According to the Department of Home Affairs, approximately 300,000 Vietnamese-born residents lived in Australia as of June 2023, making them the sixth-largest migrant community in the country. Moreover, this community maintains strong financial ties with family members in Vietnam, regularly sending funds for living expenses, education, healthcare, and property investment. As a result, the Australia-Vietnam corridor consistently ranks among the top remittance pathways in the Asia-Pacific.
From a macroeconomic perspective, Vietnam’s remittance market continues to expand at a remarkable pace. Key indicators include:
- Total remittance inflows: Vietnam received over US$19 billion in remittances in 2025, according to World Bank estimates, positioning it as the third-largest recipient in East Asia and Pacific
- Australia’s contribution: Australia ranks among the top five source countries for remittances to Vietnam, with estimated annual flows exceeding US$3 billion
- Digital channel adoption: Over 60% of remittance transactions to Vietnam now flow through digital platforms, a sharp increase from less than 30% in 2020
- Market growth rate: Vietnam’s fintech sector has grown at approximately 25% year-over-year, driven by a young, tech-savvy population of over 100 million
- Mobile penetration: With over 78 million smartphone users and mobile internet penetration exceeding 70%, Vietnam offers an ideal environment for digital financial services
Additionally, Vietnam’s fintech ecosystem is experiencing rapid and sustained growth. The Vietnamese government’s National Digital Transformation Program has set ambitious targets for cashless transactions and digital banking adoption by 2030. Furthermore, the State Bank of Vietnam has introduced regulatory sandboxes and fintech licensing frameworks that encourage innovation while maintaining consumer protection. Consequently, these policy developments create a favourable environment for international fintech companies like EzyRemit to operate, partner with local institutions, and serve Vietnamese communities both domestically and abroad.
Moreover, government-backed programs on both sides continue to strengthen the corridor. The Austrade Landing Pad Vietnam programme supports Australian fintech and cybersecurity companies entering the Vietnamese market through in-country mentoring, workspace access, and partnership facilitation. In parallel, Investment NSW’s trade missions and market intelligence services help NSW-headquartered companies navigate Vietnam’s regulatory landscape and identify strategic partners. In essence, EzyRemit‘s presence at the intersection of these government support structures positions the company to capture significant growth in this rapidly expanding corridor.
EzyRemit Investment NSW: What Was Discussed
During the visit, EzyRemit demonstrated its operational capabilities and technology infrastructure at the Ho Chi Minh City office. The delegation gained first-hand insight into several key areas:
- Cross-border transfer technology: Real-time money transfers to Vietnam via partnerships with Sacombank and Vietcombank. As a result, funds arrive within minutes.
- Compliance infrastructure: AUSTRAC-registered operations with AI-powered KYC via Sumsub. Therefore, every transaction meets the highest regulatory standards.
- Vietnam operations: A dedicated local team managing partnerships, customer support, and market development across Southeast Asia.
- Global network: Integration with Thunes’ Direct Global Network for payouts to 150+ countries. Consequently, EzyRemit serves diverse diaspora communities worldwide.
Furthermore, the Vietnam team works closely with the Sydney headquarters to ensure seamless cross-border operations and maintain the competitive exchange rates that EzyRemit customers have come to expect.
What Leaders Say About EzyRemit Investment NSW Collaboration
“We are deeply grateful for Investment NSW’s continued support of fintech businesses like EzyRemit as we expand our operations across international markets,” said Allan Nguyen, CEO and Founder of EzyRemit. “Moreover, their visit to our Ho Chi Minh City office validates the strategic importance of the Australia-Vietnam corridor and strengthens our commitment to serving diaspora communities with reliable, cutting-edge financial technology.”
Additionally, the meeting explored opportunities for deeper collaboration on financial inclusion initiatives, technology exchange programmes, and joint trade missions that could benefit both Australian and Vietnamese communities.
Looking Ahead
EzyRemit continues to invest in its Vietnam operations as part of a broader Asia-Pacific expansion strategy. Specifically, the company plans to:
- Expand partnerships with additional Vietnamese banking institutions
- Participate in Austrade-led fintech trade missions across Southeast Asia
- Develop new payment corridors connecting Australia with emerging markets
- Contribute to financial literacy programmes for the Vietnamese diaspora
In essence, the EzyRemit Investment NSW delegation visit affirms the company’s position as a leading example of successful Australian fintech internationalisation, with strong government support underpinning its growth trajectory.
About EzyRemit
About EzyRemit: EzyRemit is a digital remittance company headquartered in Sydney, Australia. Furthermore, it offers smart, reliable, and low-cost international money transfers for individuals and businesses worldwide. The platform is AUSTRAC-registered and supports transfers to over 150 countries, with specialised corridors to Vietnam, India, the Philippines, and other key markets.
Explore more at www.ezyremit.com
Related: