Home loans forecast to become main driver for consumer credit

Thursday, Dec 05, 2024

Home loans are expected to lead banks’ consumer credit ithe context of low interest rates and a gradually recovering real estate market.

Citi completes sale of Viet Nam consumer banking business to UOB group

Wednesday, Mar 01, 2023

Citi announced on Wednesday it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 related staff.

Pandemic is changing landscape of consumer credit: experts

Monday, Apr 19, 2021

The COVID-19 pandemic was signficantly changing the landscape of the consumer credit market as consumers tended to tighten their budget and pay more attention to healthcare, environment and lifestyle as well as switching to online shopping.

Fishery exporters take pandemic in their stride

Monday, Mar 01, 2021

Viet Nam’s seafood exports this year are expected to be worth US$9.4 billion in all, an increase of 10 per cent from 2020.

VN consumers demand security, convenience in digital experience: report

Wednesday, May 08, 2019

As organisations and consumers increasingly interact over digital channels, both parties must find ways to establish mutual trust.

Easy Credit expands business to Mekong Delta

Wednesday, Jan 23, 2019

Easy Credit, a brand name under the consumer credit division of EVN Finance, is expanding its business network to provinces in the Mekong Delta and Southeastern region, three months after its official launch in early October.  

Home Credit ties up with MoMo Wallet

Thursday, Aug 23, 2018

Consumer credit company Home Credit Vietnam Finance Company Ltd on August 22 signed a deal with MoMo Wallet, the biggest e-wallet company in Viet Nam, to offer customers faster and more convenient services.

Fitch assigns stable rating to Home Credit Vietnam

Friday, Jul 06, 2018

Fitch Ratings has assigned Home Credit Vietnam Company Limited a long-term issuer default rating (IDR) of ''B+'' and a short-term IDR of ''B''.

Consumer lending in VN surged 65% in 2017

Tuesday, Jan 09, 2018

Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).

Consumer credit boom expected in next five years in Viet Nam

Saturday, Jan 09, 2016

Consumer credit was expected to develop rapidly in Viet Nam in the next five years, driven by rising demand from a recovering economy with a young population.

Forum seeks end to loan sharks

Wednesday, Oct 21, 2015

Demand for consumer credit is growing strongly and it is time to eradicate private moneylending, a round table on financial issues heard in HCM City yesterday

Experts optimistic about consumer finance industry

Monday, Oct 05, 2015

Consumer credit is expected to grow strongly in Viet Nam thanks to the many advantages the country possesses, economists have said.