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Search Results: 1,539 results for keyword "consumer".
Digital transformation driving growth and innovation through 5G
14-12-2021 20:48
5G is transforming business worldwide. With commercial consumer-based 5G networks already living around the globe, the next wave of expansion will allow businesses of all types to reap the benefits of enhanced mobility, flexibility, reliability, and security. The era of the 5G powered business is here – and with it an entirely new range of possibilities for service providers.
Digital banks and fintech startups eye Vietnam's unbanked and underserved consumers
10-12-2021 13:49
Digital banks and fintech startups are increasingly offering innovative products and solutions targeting the unbanked and underserved consumers post-pandemic.
Sector attraction underpins consumer finance M&A boom
01-12-2021 15:14
Despite the detrimental influence of the pandemic on loan portfolio quality, there have been numerous significant consumer finance transactions in Vietnam. Dr. Gregory Bournet, partner and head of Corporate Finance at PwC Vietnam and Malaysia, shared with VIR’s Luu Huong how cultural awareness and tenacity are embedded into every single transaction.
Home Credit Vietnam and Standard Chartered Vietnam launch entrustment lending programme
22-11-2021 09:35
Home Credit and Standard Chartered Bank today entered into a partnership agreement to launch an entrustment lending programme in Vietnam, a ground-breaking initiative that promises to enhance affordable access to finance for millions of Vietnamese consumers, driving greater financial inclusion in the country.
Digital banks increasingly adopt new technologies to keep pace with consumer expectations
19-11-2021 08:50
Digital banks are embracing more modern technologies to serve the changing customer behaviours during the Fourth Industrial Revolution.
Risk management required in consumer finance arena
19-11-2021 08:00
Consumer finance firms’ performance in Vietnam is deteriorating due to the minimal capital buffer and hazardous nature of such assets – and a pressing need for a credit expansion boost is indicated as a stipulation for consumer finance players to rebound.
Ceramics and pottery of Vietnam conquer the hearts of consumers at home and abroad
17-11-2021 12:19
Vietnam’s pottery and ceramics are among its long-standing and proud handicrafts, that look back onto a history of millennia. To further expose these goods to domestic and international customers, the Vietnam Value Programme promotes some of the potters and their brands as national brands.
FMCG companies quick to bounce back post-COVID-19
16-11-2021 13:53
Fast-moving consumer goods (FMCG) companies are quickly bouncing back to capture the pent-up demand of customers, backed by an increasing appetite and a more affluent population.
Consumers become more prudent in post-pandemic personal finances
15-11-2021 09:22
The COVID-19 pandemic has transformed the personal finance landscape, with consumers now more conservative about their short-term spending habits and more prudent in their long-term financial plans.
Encouraging wider access to gold-based products
12-11-2021 10:40
As inflation picks up and global headwinds put pressure on risky investments, gold is being viewed as a safe approach to hedge risks. Andrew Naylor, regional CEO for APAC (excluding China) and Public Policy at the World Gold Council, discussed with VIR’s Celine Luu how Vietnam can develop more diversified gold products and predict consumer demand.
National Assembly aims to economic recovery plan: 2022 GDP growth of 6-6.5 per cent
10-11-2021 13:12
Vietnam's National Assembly set the targets for economic recovery in 2021 and expectations for 2022, including 6-6.5 per cent GDP growth, consumer price index of 4 per cent, and a fiscal deficit of 4 per cent of GDP.
MM Mega Market: Five years to win over Vietnamese consumers
09-11-2021 17:37
MM Mega Market is a new brand shaped after TCC Group, one of Thailand’s leading conglomerates, acquired Metro Cash & Carry Vietnam from the giant German retailer. Five years under the new management, MM Mega Market (MM) has been renovated to win the hearts of Vietnamese consumers. Bruno Jousselin, managing director of MM Mega Market Vietnam talked with VIR about the breakthrough changes at MM in the first five years, as well as its sustainable development strategy in the Vietnamese market.
Vietnamese consumers slow to regain confidence in spending
09-11-2021 08:52
Though there had been a slight increase in spending after the loosening of social restrictions, Vietnamese consumers largely remain careful not to spend too much money too quickly.
Vietnamese enterprises must strive hard to tap Middle East market's potential: experts
07-11-2021 11:01
Investment and trade cooperation between Vietnam and Middle Eastern countries have achieved many encouraging achievements. However, there is still a lot of work for Vietnamese enterprises to do to conquer this potential market besides capacity, prestige and understanding habits of consumers.
Retail arm withdrawal plans hit road blocks for Citigroup
03-11-2021 16:24
Despite announcing plans to pull out of the consumer banking business in 13 nations, including Vietnam, earlier this year, US-based financial group Citigroup has been unable to ensure that all of its divestiture plans would yield the desired conclusion with a perfect partner.
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