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consumer lending
Update news consumer lending
Businesses warned of challenges from Gen Z attitudes about work
Members of Generation Z, born in 1996 and after, have begun joining the labor market and will quickly become the major labor force in the economy.
Consumer lending: bad debts rise, creditors hire 'thugs' to collect debt
Because of Covid-19, 5 million workers have lost jobs or seen their income decrease.
VN State Bank designs 'sandbox' for P2P lending
Peer to peer lending (P2P Lending) will become legal in Vietnam after a draft decree on fintech management is compiled.
Many Vietnamese trapped by Chinese lending apps
Chinese apps in Vietnam are luring borrowers who have to pay back debt at high interest rates within a short period of time.
Consumer lending expected to recover well after pandemic ends
Will consumer loans remain a money-spinner for banks post-COVID-19? This was a question recently posed by market observers after witnessing the pandemic’s big economic impact on individuals and households,
VP Bank shifts FE Credit to joint stock company
The news that VP Bank has decided to shift its subsidiary FE Credit, specializing in consumer lending, to a joint stock company from a limited company has stirred up the public.
Consumer lending booms, lenders pop up everywhere
VietNamNet Bridge - Enterprises from many different business fields have jumped into the lucrative field of consumer lending.
Personal consumer credit becoming lucrative business
VietNamNet Bridge - FE Credit is leading the consumer finance market with $1.4 billion worth of loans provided in 2016, accounting for 48 percent of market share.
