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consumer loans
Intense competition for consumer loans slows financing companies' growth
Finance companies are reporting slower growth in consumer loans and revenues as new players enter the Vietnamese market.
Vietnam tightens consumer loans
Pawn shop chains raise big bucks to expand
Mobile World to tie up with F88 for consumer credit
Electronics retailer Mobile World is set to offer consumer loans of up to VND10 million ($435), and plans to sign a deal with credit provider F88 next week.
December 18, 2021 | 03:00 am PT
Debt evasion headache for financial firms
Rising bad debt from “disappearing” borrowers and the shutting down of unauthorized debt collecting agencies are damaging the reputation of legal financial companies and threatening to hurt their performance.
March 16, 2023 | 11:41 pm PT
Consumer lenders post low profits amid tightened spending
Consumer lenders struggled in the first half this year, with many experiencing plunging profits or even posting losses as people tightened spending amid economic challenges.
September 4, 2023 | 05:32 am PT
Consumer loans slow to a crawl in 2023
Consumer loan growth inched along more sluggish than a snail last year as demand for house and vehicle purchases drowned amid economic challenges.
January 14, 2024 | 03:04 pm PT
Credit drops in January
Vietnam’s credit in January fell 0.6% as businesses were reluctant to borrow and there was lower demand for home loans amid an unfavorable property market.
February 20, 2024 | 03:14 pm PT