vietnamese consumers embrace digital payments as a new way

Vietnamese consumers embrace digital payments as a new way

Vietnamese consumers are embracing digital payments as a faster and more convenient way to pay, with consumers using their credit and debit cards more often for in store and online purchases, according to figures released by Visa, the world’s leader in digital payments.  
pwc releases latest survey on consumer behaviour

PwC releases latest survey on consumer behaviour

The latest survey by PwC – one of the world’s leading professional services firms – shows a ramp up in consumer preference to avail of digital technology prowess to feed their daily needs.
abb to showcase latest innovations

ABB to showcase latest innovations

Economic growth and increased levels of consumer demand are some of the ­factors stimulating development within the domestic ­printing and packing industry. With that in mind, robotics multinational ABB will be one of the key headliners facing these factors head-on at this week’s ProPak Vietnam 2019 event.
transparent consumer credit firms can succeed

Transparent consumer credit firms can succeed

Developing the consumer credit sector is one of Vietnam’s best tools to end illegal moneylending in the country, ­according to experts.
visa and the non cash future

Visa and the non-cash future

Building a cashless economy is one of the government’s top targets. Dang Tuyet Dung, Visa country manager for Vietnam and Laos, talked with VIR’s Dinh Thuy the company’s tireless efforts to support the Vietnamese government’s target of reducing cash payments, particularly in the field of consumer credit, on the occasion of attending the seminar “Developing consumer credit as a solution to ward off shadow banking” hosted by VIR last week in Hanoi.
consumer finance to combat black credit

Consumer finance to combat black credit

In order to meet the demand of Vietnamese market in a legal way, developing the consumer finance system was recommended by various experts to deal with black credit.
solutions to prevent the development of black credit

Solutions to prevent the development of black credit

The increasing development of consumer finance, especially in rural areas, in collaboration with simplifying procedures for loan application would be effective solutions to prevent black credit.
consumer credit solution to repel black credit

Consumer credit, solution to repel black credit

The seminar on consumer finance in the third year themed with the topic "Development of consumer credit – solutions to repel black credit" is taking place in the morning of March 15 at the headquarters of Vietnam Investment Review with the participation of many leading experts in economics, law, finance, banking, and consumer credit.
shop sites blasted over fake goods

Shop sites blasted over fake goods

Vietnam’s online economy is now enjoying a remarkable boom and is estimated to reach $33 billion by 2025. However, the intrusion of prohibited, fake, and poor-quality products mixed among the goods should ring alarm bells for sellers, consumers, and local authorities. Phuong Hao reports.
developing consumer finance as a solution to ward off shadow banking

Developing consumer finance as a solution to ward off shadow banking

Against the booming of shadow banking groups in Vietnam, legal forms of consumer finance have also been thriving to meet diverse customer demand and reduce the bad consequences of shadow banking.
vietnam fights against loan sharks and shadow banking

Vietnam fights against loan sharks and shadow banking

Officials vowed to fight against loan sharks who are wrecking thousands of lives across Vietnam.
consumer finance spreads its wings

Consumer finance spreads its wings

The country’s consumer finance sector is striving harder to serve those who currently find banking services to be out of reach, while simultaneously driving away ubiquitous shadow banking groups. Phuong Nguyen reports.
propak vietnam 2019 staying abreast of packaging trends

Propak Vietnam 2019: Staying abreast of packaging trends

Economic growth and increasing consumer demands are some of the factors stimulating the development of the domestic printing and packing industry.
thousand shades of grey in healthy food

Thousand shades of grey in healthy food

As Vietnamese consumers grow wealthier, the demand for supplementary food is increasing, providing fertile ground for honest and dishonest traders alike. Kim Huong reports.
consumer finance destined to enhance locals lives

Consumer finance destined to enhance locals’ lives

It is time to acknowledge the role of consumer finance companies in the economy as they help repel the bad influence of black credit, while guiding borrowers to a more organised and transparent way of borrowing to better their life.