dreary times persisting for appliance retailers

Dreary times persisting for appliance retailers

The pandemic has without a doubt been a real challenge for any consumer business. However, the health crisis may not have been the deciding factor in the declining stored-based electronics and home appliances retail segment as e-commerce services’ share has been continuously on the rise. 
market demand pushes role of consumer finance

Market demand pushes role of consumer finance

After a decade of development, consumer finance firms are now ramping up their transformation from digital adoption which has taken a quantum leap, to how they diversify their loan portfolios and reducing cash loan exposure.
landscape shift in consumer finance

Landscape shift in consumer finance

Vietnam has posted laudable improvements in the regulatory framework, market scale, products and services, and operational efficiency when it comes to consumer finance activities in the past decade. 
sustained success for fe credit down to unique vision

Sustained success for FE Credit down to unique vision

After strong efforts to change the game of consumer finance, FE CREDIT has told of its decade-long journey to establish a solid foundation and become the leading company in unsecured consumer loans and credit cards, with more than 50 per cent of the market share.
direct power purchase mechanism a new entrant to be for vietnam power sector

Direct power purchase mechanism – a new entrant to be for Vietnam power sector

Power generation companies and power consumers participating in direct power purchase arrangements are expected to see several new requirements under a draft circular expected this year. Vaibhav Saxena and Nguyen Lan Chi from Vietnam International Law Firm analyse the importance of the new rules to all participants and the power sector.
hyundai card fails to purchase 50 per cent stake in msbs consumer finance firm fccom

Hyundai Card fails to purchase 50 per cent stake in MSB's consumer finance firm FCCOM

Despite lengthy negotiations, South Korean credit card company Hyundai Card has failed to buy a 50 per cent stake in MSB's Finance Company Limited for Community (FCCOM).
consumer finance new vitality after 10 year journey

Consumer finance: New vitality after 10-year journey

Experts gathered yesterday (March 25) at VIR's headquarters for the consumer finance seminar themed “Consumer finance: New vitality after a 10-year journey”.
switching to on demand tv

Switching to on-demand TV

The growing availability of high-speed mobile internet networks and smartphones in Vietnam is pushing significant changes in the way people watch TV shows and movies. So too are increased sales of smart TVs as consumers prefer to buy devices on which they can download apps that give them access to over-the-top (OTT) video streaming services like Netflix and iFlix.
bidv launches new generation smartbanking with most comprehensive ecosystem

BIDV launches new-generation SmartBanking with most comprehensive ecosystem

Amid ever-growing demands from consumers in the era of the Fourth Industrial Revolution, BIDV – one of the four leading state commercial bank– has rolled out its new SmartBanking digital banking service to optimise user experience.
more haste less speed e commerce strats keeping pace with consumer shopping habits

More haste, less speed: E-commerce strats keeping pace with consumer shopping habits

As e-commerce continues to boom in 2021, brands need to step up their game to keep up with new changes in the market.
consumer finance retains attractiveness

Consumer finance retains attractiveness

Despite the resurgence of the pandemic, investors still remain upbeat about consumer finance and pawn chain businesses in Vietnam, which are considered among the most attractive loan segments.
charting a course towards smarter ports

Charting a course towards smarter ports

Ports and shipping are vital for a well-functioning global economy. According to the International Chamber of Shipping, shipping contributes roughly 90 per cent of the world’s trading. Interestingly, four out of five of the world’s largest terminals are in Asia, as are its 10 largest container ports. Container shipping is growing to keep up with demands in consumer and industrial trade.
on track to inflation target despite robust cpi rise

On track to inflation target despite robust CPI rise

As the pandemic is slowly coming under control in some countries around the world, enabling economies to recover slowly but surely, Vietnam has seen the highest rise in consumer price index in February of the past eight years. Nevertheless, financial experts remain confident that the National Assembly’s inflation targets will still be met in 2021.
cpi produces record growth in february

CPI produces record growth in February

Hiking prices of food, catering services, and public transport services over the Lunar New Year holiday, as well as the end of Electricity of Vietnam's power-price assistance programme were the main reasons behind the record increase of the consumer price index (CPI).
harsh reality sets in for fashion retail brands

Harsh reality sets in for fashion retail brands

While fashion fanatics will welcome the ever-increasing presence of international brands like UNIQLO, H&M, and Zara, the domestic consumer base has already lost a significant portion of its purchasing power amid the influence of the global health crisis on the economy, forcing domestic brands to face increased competition with new strategies to retain their business.