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Home loans forecast to become main driver for consumer credit

Home loans forecast to become main driver for consumer credit

Home loans are expected to lead banks’ consumer credit ithe context of low interest rates and a gradually recovering real estate market.
Vietnam Home Garden Expo 2024 to take place in HCM City in early December

Vietnam Home & Garden Expo 2024 to take place in HCM City in early December

The Vietnam Home & Garden Expo 2024 will take place at the Saigon Exhibition and Convention Centre in HCM City from December 5-7.
Construction ministry urges new credit package for low-income home buyers

Construction ministry urges new credit package for low-income home buyers

The Ministry of Construction has urged the State Bank of Vietnam to study a new credit package for low-income home buyers with a preferential interest rate lower than lending rates provided by commercial banks.
Furniture fair seeks to help firms link up with new international buyers

Furniture fair seeks to help firms link up with new international buyers

The second Vietnam ASEAN International Furniture & Home Accessories Fair to be held in HCM City from August 27 to 30 will provide a platform for Southeast Asian manufacturers to display their best products and connect with global buyers.
Lumi opens 6,000sq.m IoT factory in Vĩnh Phúc

Lumi opens 6,000sq.m IoT factory in Vĩnh Phúc

In addition to producing devices for Lumi Vietnam, Lumi Smart Factory aims to expand its business by manufacturing products for domestic and international partners.
Home Credit Vietnam sold to Thailand investors for 800 million euros

Home Credit Vietnam sold to Thailand investors for 800 million euros

Czech Republic consumer finance provider Home Credit Group has announced it will sell its Home Credit Vietnam business to The Siam Commercial Bank Public Company Limited (SCB), part of SCBX Public Company Limited (SCBX), for approximately 800 million euros (US$866 million).  
15th Việt Nam International Furniture Home Accessories Expo kicks off

15th Việt Nam International Furniture & Home Accessories Expo kicks off

The 15th Việt Nam International Furniture & Home Accessories Expo (VIFA EXPO 2024) began on February 26 at the SKY EXPO VIETNAM Center, Quang Trung Software City, District 12, HCM City. 
Home loans expected to drive retail credit growth in 2024

Home loans expected to drive retail credit growth in 2024

Analysts from Vietcombank Securities Company (VCBS) say they expect a recovery of the real estate market from the second half of this year when the actual demand for buying houses to live in is still high and the need for property...
Khánh Hòa: Biggest ever social housing project kicks off

Khánh Hòa: Biggest ever social housing project kicks off

Covering approximately 88ha, the nearly VNĐ3.8 trillion (US$155.29 million) Vinhomes Happy Home Cam Ranh is expected to be completed around the end of 2026.
Traveloka and Home Credit launch Buy Now, Pay Later service

Traveloka and Home Credit launch Buy Now, Pay Later service

Traveloka, Southeast Asia’s leading travel platform, on Tuesday launched of its Buy Now, Pay Later (BNPL) service in Việt Nam – Home PayLater – in collaboration with Home Credit.
Demand for home loans remains modest despite interest rate cut

Demand for home loans remains modest despite interest rate cut

Compared to the beginning of this year, lending interest rates are currently considered reasonable and are expected to return to low levels, as seen during the COVID-19 pandemic, by the end of the year.
Pavilion promotes Hà Nội products in Australia

Pavilion promotes Hà Nội products in Australia

The "Hà Nội – Việt Nam" pavilion introduced products and brands of Hà Nội and Việt Nam at the Home Show exhibition, a major event in the furniture industry, taking place from October 13-15 in Sydney, Australia.
Interest rate cut expected to stimulate demand for home loans

Interest rate cut expected to stimulate demand for home loans

According to a report by the State Bank of Vietnam (SBV), people''s demand for home loans and home repairs decreased by 1.12 per cent in the first half of this year, while the loans increased by up to 31 per...
Home-decor, furniture has great potential on international markets

Home-decor, furniture has great potential on international markets

Further opportunities will be unlocked for Vietnamese home and kitchen decor and its furniture industry by tapping into the strong foundation of traditional long-standing craft villages, natural material resources and manufacturing capacity.
Thailands lender in talks to buy Home Credit for 1 billion

Thailand's lender in talks to buy Home Credit for $1 billion

KBank hopes to become one of Vietnam’s top 20 banks in terms of assets by 2027.