31-03-2021 18:00
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.
30-03-2021 11:13
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.
30-03-2021 11:13
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.
30-03-2021 11:12
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.
30-03-2021 10:47
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.
26-03-2021 09:01
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).
25-03-2021 11:00
Experts gathered yesterday (March 25) at VIR's headquarters for the consumer finance seminar themed “Consumer finance: New vitality after a 10-year journey”.
24-03-2021 18:33
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.
24-03-2021 09:57
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.
17-03-2021 15:35
As e-commerce continues to boom in 2021, brands need to step up their game to keep up with new changes in the market.
16-03-2021 09:14
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.
15-03-2021 11:16
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.
10-03-2021 18:07
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.
02-03-2021 23:51
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).
02-03-2021 17:08
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.