22-05-2020 18:21
A new study commissioned by Visa, the world’s leader in digital payments, has found Vietnamese consumers are using less cash in favour of digital payment methods including new payment technologies such as contactless cards and mobile payments, as well as mobile e-commerce payments.
21-05-2020 15:33
Restarting the economy will improve the demand for consumer finance, however, both consumer finance companies and banks need to build diverse loans to meet customer demand.
21-05-2020 14:00
Overseas e-commerce companies Lazada and Shopee may lose their positions in Vietnam if they keep demonstrating limitations in protecting consumers from low-quality and fake goods.
21-05-2020 08:00
Although a sweeping set of stringent rules and the coronavirus pandemic have dented a flourish in the lending segment, Vietnam’s consumer finance market still appears lucrative, enticing many overseas investors.
20-05-2020 15:02
The annual consumer finance seminar, which will be organised by VIR on May 21, will focus on the impacts of the COVID-19 pandemic on the finance sector, as well as the existing difficulties and opportunities for growth in the coming time.
20-05-2020 14:00
Like all countries, Vietnam is grappling with the challenge of safeguarding livelihoods from the health and economic impacts of the coronavirus. After two months of giving up a number of routine activities, Vietnamese people are now starting to resume their daily activities and are starting to establish a new normal for business operations.
20-05-2020 09:31
NEW YORK: Pharmaceutical giant Johnson & Johnson announced on Tuesday (May 19) it would stop selling talc-based baby powder in the United States and Canada, where sales had already been hit by changing consumer habits and fears the product causes cancer.
17-05-2020 19:52
Vietnamese consumers are some of the most optimistic, among Asian countries surveyed, that their country will weather the challenges of the COVID-19, according to a McKinsey’s mid-April consumer survey.
13-05-2020 15:00
Rumours of Apple setting up a manufacturing base and opening its first Apple Store in Vietnam have sent consumers into frenzy, but local tech retailers and parallel importers do not seem particularly worried over losing a slice of the pie to the United States-based tech titan.
12-05-2020 12:54
Despite a four-month high in the consumer price index, Vietnam will likely be successful in reining in inflation this year thanks to a decline in oil price and public demand, as well as the government’s efforts to stabilise prices in the market.
07-05-2020 19:43
After investigating the dossiers, the Vietnam Competition and Consumer Authority under the Ministry of Industry and Trade found that the acquisition deal between Elanco Animal Health Incorporated and Bayer AG does not violate Vietnam’s Competition Law.
23-04-2020 10:00
Retail property landlords and tenants must prepare to navigate a period of elevated risks to cash flow and increased operational costs arising from a slump in consumer demand and disruption to supply chains.
18-04-2020 16:21
As Vietnam has a fertile consumer finance market, more foreign players are considering joining the bandwagon by tying up with local peers.
15-04-2020 11:18
Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 pandemic.
15-04-2020 00:00
Vietnam’s lending sector appears increasingly susceptible to the boom and bust of the global health crisis, with an uptick in sour loans fanning fears that it would dig into the growth of the whole market.