Vietnamnet.vn
Podcast
consumer loans
Update news consumer loans
As bank deposit interest rates fall, people prefer investing in real estate
Individual investors are increasingly buying real estate bonds and land rather than depositing money in banks, which have reduced interest rates on deposits.
Vietnam's new consumer finance curbs to challenge business models: Fitch
Fitch Ratings believes larger, more established finance companies are better-placed to meet the new requirements while newer, smaller companies that concentrate on cash loans may find it harder to shift their business models.
Japanese capital changes direction toward consumer economy
VietNamNet Bridge - Japanese capital flow is now heading for the Vietnamese consumer market.
Developing consumer finance in VN – a road full of pitfalls
VietNamNet Bridge - The rapid growth of the consumer finance market reflects the high demand in the market. However, there are still barriers, including high interest rates and limited risk management capability of service providers.
Banks rush to provide consumer loans, compete with finance companies
VietNamNet Bridge - The State Bank of Vietnam says that outstanding consumer loans exceeded VND1,000 trillion in 2017.
Foreign capital flows into consumer loans
VietNamNet Bridge - The size of the consumer market has increased rapidly, attracting more foreign capital.
Scrapping foreign ownership cap boosts stock prices
VietNamNet Bridge – On February 21 Vinh Hoan Fisheries Joint Stock Company (VHC) became the third listed company to offer 100 per cent of its ownership to foreign investors after Government Decree 60/2015/ND-CP took effect.
Finance companies offer loans at sky high interest rates
A lot of people have fallen into a trap set by finance companies. Promising simple administrative procedures, but the companies overcharge borrowers with exorbitant interest rtes.
