fe credit sweeps up new accolades

FE Credit sweeps up new accolades

A leading financial company that caters to millions of Vietnamese people scooped almost a dozen awards in 2018 alone, highlighting its strong standards in innovation and Fintech application in the consumer finance industry.
customer experience is new frontier for consumer finance

Customer experience is new frontier for consumer finance

Given the increasing competition among consumer finance companies, those who want to win the game ought to make their products and services stand out from the pack and deliver superior customer experience. Going digital is one of the approaches that help simplify products and shorten the lending process, ensuring a win-win situation for both customers and the businesses themselves.
nestle vietnam grows with local consumers

Nestlé Vietnam grows with local consumers

As Vietnam moves towards urbanisation, nutrition, health, and wellness have become a top priority for local consumers. Ganesan Ampalavanar, CEO of Nestlé Vietnam, talked with VIR’s Nam Phuong about how the Swiss giant contributes to the Vietnamese food industry and changing consumers’ needs.
habeco reports lowest profit in four years

Habeco reports lowest profit in four years

Habeco recorded a consecutive decline in profit in its financial report in the fourth quarter of 2018, going against the current of general growth in the market as Vietnamese people are still one of the largest beer consumers in the world.
legal factors of ma game in vietnam

Legal factors of M&A game in Vietnam

“ We have seen and can expect an increase in foreign investment into equitised SOEs due to the continued initiatives to relax foreign ownership limitations, which has been integrated into the government’s desire to divest its ownership in big players in the consumer goods market. ”
vietnamese tet products gaining favour with local consumers

Vietnamese Tet products gaining favour with local consumers

Vietnamese consumers’ preferences for locally-made confectionaries, jams, and cookies, among others, have been on the rise for the upcoming Tet (Lunar New Year) festivities.
fe credits effort to disrupt its own business model is starting to pay off

FE Credit’s effort to disrupt its own business model is starting to pay off

Disrupting, or displacing, one’s own business model can be rather forward-looking for many businesses around the world, yet it is exactly what a major consumer finance company has done by deploying advanced technologies, in order to prepare well for the future.
vn stocks slide with modest liquidity

VN stocks slide with modest liquidity

Vietnamese shares slid on Wednesday morning, dragged down by brokerages, petroleum firms and consumer staple companies.
fe credit scores hat trick of solid growth over three years

FE Credit scores hat-trick of solid growth over three years

The overall consumer credit market slowdown in 2018 could have sent FE Credit in to slower growth, but the consumer finance company expects to conclude the year with rather upbeat results, whilst preparing for a gentler pace (in percentage terms), but more sustainable growth in the years ahead.
japanese firms see vietnam as top investment destination in asia

Japanese firms see Vietnam as top investment destination in Asia

Japanese firms consider Vietnam the most attractive investment destination in Asia due to the country’s high economic growth, its position as a production hub and its large consumer market, according to a News Network Asia (NNA) survey conducted from November 26 to December 9, 2018.
retailers take to ma to get the upper hand

Retailers take to M&A to get the upper hand

Mergers and acquisitions (M&A) in the retail and consumer market maintained its pace in 2018 with more deals clinched. Not only did foreign retail giants use M&A to enter Vietnam, local businesses are also on the offensive to regain some ground. Thu Van reports.
the fantastic four japanese retailers in vietnam

The “fantastic four” Japanese retailers in Vietnam

Japanese retailers AEON, Takashimaya, 7-Eleven, and FujiMart will create new consumer habits instead of buying and hunting for sales like Big C and Metro Cash & Carry did 10 years ago.
making our world healthier and happier

Making our world healthier and happier

As a nutrition company with high-quality and science-backed products, Herbalife has been embraced by consumers and has become a household name across Vietnam.
heineken working to fend off tomorrows problems

HEINEKEN working to fend off tomorrow’s problems

Being recognised as the most sustainable company in Vietnam, HEINEKEN Vietnam is committed to changing consumers’ behaviour and developing the business sustainably. Telling VIR’s Nguyen Huong about its choice of sustainable development in the long run over short-term growth, Leo Evers, managing director of HEINEKEN Vietnam, confirmed: “this is the right thing to do.”
jj may have known for decades about asbestos in its products

J&J may have known for decades about asbestos in its products

Johnson & Johnson was ordered to pay a huge compensation to a woman in California after its products were found to have contained asbestos. Vietnamese consumers, many of whom are long-time faithful consumers of J&J products, are growing concerned.