Establishing a Legal Framework to Regulate P2P Lending in Vietnam: Experiences from UK and China and Lessons Learnt for Vietnam

Peer-to-peer lending is a practice created and developed on a digital technology application platform to link lenders and borrowers directly without the need of middlemen. Peer-to-peer lending provides numerous benefits over traditional lending in terms of technology application and convenience. Peer-to-peer financing still has some drawbacks, though. This study investigates the state of peer-to-peer lending and its governance in a variety of nations, including China and the UK. From there, use Vietnam as a starting point for learning how to manage peer-to-peer lending activity