M-DAQ Global Expands into Vietnam with METech Integration

The integration allows M-DAQ to process local collections and payouts directly in Vietnamese Dong, bypassing third-party intermediaries to increase transaction efficiency. This move builds on the company's previous regional expansions in Malaysia and Indonesia, bringing M-DAQ’s total count to five regulated licenses across four key ASEAN markets. By combining METech’s local banking relationships with M-DAQ’s regional technical scale, the firm aims to support a growing ecosystem of digital businesses and Web3 platforms requiring compliant cross-border financial infrastructure.

Vietnam’s digital economy serves as a primary driver for this expansion, with the sector reaching USD 72.1 billion in 2025, or approximately 14% of the national GDP. Government initiatives target an increase to 30% by 2030, while the cross-border B2C e-commerce market is forecast to hit USD 13.39 billion by 2031. Tan Choon Seng, Group CEO of M-DAQ Global, stated that the company is positioning itself to capture this momentum by strengthening connectivity between domestic innovators and global markets. Lê Hoàng Gia, founder of METech, noted that the partnership will extend the firm’s decade-long local expertise to a broader regional audience, aiming to set new standards for transparency and speed in cross-border settlements.