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

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)

Journal of Social Commerce
Vol. 2 No. 2 (2022): Journal of Social Commerce

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.