The competition to gain a larger share in the consumer finance market is heating up as rising capital demand before Lunar New Year is an opportunity for both banks and finance companies to boost the business segment.
The Vietnamese consumer finance market has tremendous potential for development but its rapid growth has raised controversy over how it disadvantages and hurts people unfamiliar with it, experts noted on Wednesday.
Consumer Finance Market (CF) in Vietnam has witnessed the fastest growth in 2015 - domestic and foreign-owned finance companies in Vietnam are in a fierce competition for a slice of the consumer loans market.
