26-08-2021 11:57
Saigon-Hanoi Joint Stock Commercial Bank (SHB) has just announced the transfer of 50 per cent of its capital and consumer finance arm the to Bank of Ayudhya (Krungsri) of Thailand.
25-08-2021 13:18
New technologies are driving Vietnam towards a cashless society as smart payments find growing adoption among local consumers, especially for small ticket purchases, according to a recent study by Visa.
23-08-2021 11:05
In his most recent open sharing, Huy Nguyen, regional country lead, Growth Businesses, Southeast Asia at Facebook, has highlighted to Thu Huong the value of conversational commerce and how it is transforming businesses in Vietnam and across the globe.
19-08-2021 10:00
The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
18-08-2021 08:00
Plastics remain one of the most-used materials for consumer goods packaging. To curb the ever-growing amount of hardly degradable plastics, Vietnamese enterprises shall be made more responsible for their packaging and the recycling thereof. VIR’s Kim Oanh spoke with Phan Tuan Hung, director general of the Department of Legal Affairs under the Ministry of Natural Resources and Environment, about the implementation of the Extended Producer Responsibility concept and related challenges.
14-08-2021 21:00
Hanoi - Experiencing the effects of lockdowns, consumer buying behaviours have been changing at an unprecedented rate.
12-08-2021 12:53
Maritime Commercial Joint Stock Bank (MSB) is looking to sell 100 per cent of its stake in its consumer finance subsidiary FCCOM.
12-08-2021 09:00
Although Vietnam plans to keep inflation below 4 per cent in 2021, it remains a significant challenge as the government juggles the fight against the pandemic and socioeconomic development.
09-08-2021 16:28
National Australia Bank (NAB) was reported to be buying the consumer banking subsidiary of Citi to create the second-largest credit card provider in Australia.
05-08-2021 09:00
As consumers now demand greater customer services, major foreign insurance companies operating in Vietnam are embracing digital channels as they believe seamless and enhanced experiences across multiple access channels are indispensable to success.
04-08-2021 10:00
Fast-moving consumer goods groups are bearing the brunt of disruptions caused by pandemic restrictions, leading to price hikes and product shortages in the market.
03-08-2021 10:57
Supermarkets, pharmacies, and logistics firms gearing up to supply food to consumers are now scrambling with the large amounts of undelivered orders amidst a shortage of shippers.
03-08-2021 09:50
Telecom companies including Viettel, VNPT, Mobifone, CMC, FPT, Vietnamobile, and SCTV have jointly launched a COVID-19 relief package worth VND10 trillion ($434.8 million) for consumers nationwide.
02-08-2021 15:27
With Industry 4.0 having a substantial impact on all aspects of the economy and social life, banks are forced to evolve at exponential speed to meet consumers’ needs. Vu Thanh Minh and Nguyen Dieu Linh, lawyers at LNT & Partners, write about digital transformation in the banking industry, and the future trends.
02-08-2021 15:01
The pandemic is detrimental to most economic sectors, including finance and banking. Harmander Mahal, head of Consumer, Private and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank, talked with VIR’s Hong Dung how the British lender has weathered the storm and offers his outlook.