August 19, 2021 | 10:00
The pandemic-triggered turbulence continues to gnaw at the consumer finance industry in Vietnam, but some players are exploring potential new approaches to the challenges, particularly from some international investors.
May 25, 2021 | 21:26
International expertise and solid financial support are vaulting some consumer finance companies in Vietnam ahead of their peers, and also presenting opportunities for both sides to deploy excess capital and diversify their business.
March 30, 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.
March 30, 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.
March 30, 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.
March 26, 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 consumer finance company FCCOM.
March 25, 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”.
March 16, 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.
March 02, 2021 | 12:07
Consumer finance companies are taking different approaches to raise cash and gain a bigger slice of the landscape.
March 01, 2021 | 09:00
Dinh Quang Huy will resign from the position of CEO and board member of SHB Consumer Finance to pursue personal plans.
February 06, 2021 | 14:01
Due to the COVID-19 pandemic, FE Credit reported a decrease in its pre-tax profit while its non-performing loans increased to 6.6 per cent in 2020.
January 24, 2021 | 10:17
Promoting consumer finance and simplifying procedures for loan applications would be a priority for commercial banks, financial companies and microfinance institutions as part of efforts to limit black credit, a conference heard in Ho Chi Minh City on January 20.
December 16, 2020 | 08:00
Consumer finance companies in Vietnam are seeking new approaches to diversify their funding sources and their indirect loan portfolios, as well as lower credit and liquidity risks despite the lingering pandemic and tightening regulations.
December 12, 2020 | 13:05
Leading Japanese credit card company Credit Saisonis showing its commitment in the Southeast Asian market, which will benefit Vietnam and Indonesia.
December 08, 2020 | 16:50
FE Credit, the biggest consumer finance player in Vietnam and a subsidiary of VPBank, is allegedly preparing for its IPO in the third quarter of 2021.