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consumer loans
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.
Consumer loans slow to a crawl in 2023
Consumer lenders post low profits amid tightened spending
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
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
Pawn shop chains raise big bucks to expand
Vietnamese pawn shop chains have been attracting increasing investment for several years now as large demand for quick loans prompt their expansion.
February 26, 2021 | 11:00 pm PT
Vietnam tightens consumer loans
Vietnam has tightened rules on consumer loans, requiring a progressive decline in their ratio in the coming years.
November 25, 2019 | 01:51 am PT
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.
June 17, 2019 | 01:30 am PT
