BNPL products come to aid of consumers

BNPL products come to aid of consumers

The adoption of short-term financing by consumers continues to grow in Vietnam as local and foreign financial companies gear up to meet the soaring demand.
Clearing the way to legal support for BNPL services

Clearing the way to legal support for BNPL services

As of 2022, Vietnam’s population is close to 100 million, with two-thirds being of working age. The country is home to a rapidly growing e-commerce market, yet surprisingly, it is also one of the Southeast Asian countries with the lowest credit card penetrations, estimated at 4.1 per cent in 2021.