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Unemployed workers swim with hungry loan sharks
Vietnamese workers who lose their jobs often find themselves penniless and unable to obtain bank loans. They’re easy prey for loan sharks.
HCMC proposes to outlaw debt collection business
Debt collection should be banned because these businesses are fomenting public disorder and liaising with criminal outfits, HCMC authorities say.
State Bank of Vietnam seeks to take on loan sharks
Mai Thanh Hung used to be the director of a home decor production company in Hanoi, but in 2013 its revenues collapsed.
December 9, 2018 | 05:00 pm PT