Czech senior leader meets with Home Credit
The Czech Republic-backed consumer finance firm Home Credit Vietnam welcomed Deputy Speaker of the Chamber of Deputies of the Czech parliament Jan Bartosek on Friday.
His visit to the firm followed Czech Prime Minister Petr Fiala’s call to Home Credit this April. The latest visit coincided with the financial services provider’s 15th anniversary.
Bartosek said he and his mission acknowledged Home Credit’s growth in Vietnam as a leading firm in the sector. They noted the company’s accomplishments in financial inclusion, responsible lending, sustainable growth, and its commitment to fostering diversity and inclusion in the workplace.
Jan Bartosek (center), Deputy Speaker of the Chamber of Deputies of the Czech parliament, is present at Home Credit Vietnam’s office in Ho Chi Minh City on May 26, 2023. Photo courtesy of the company.
The frequent calls by Czech senior officials to Home Credit underlined the company's important role in fostering business relationships between the two countries, said the firm.
Home Credit Vietnam claims it has served nearly 15 million customers in the country, including underbanked and unbanked residents.
A key factor behind the firm’s success is its commitment to responsible lending practices, reflected by its market-leading low non-performing loan ratio. The company adds that returning customers generate 75% of its new revenue, showcasing customer satisfaction.
These accomplishments have solidified Home Credit Vietnam's position as the most desired brand in the market, recognized by the Annual Brand Health Track conducted by Ipsos, a global leader in market research, from 2020 to 2022,
Home Credit has been at the forefront of implementing environmental, social, and governance (ESG) principles in its business operations. The company has secured the Top 100 Sustainable Companies award from the Vietnam Chamber of Commerce and Industry (VCCI), making it the sole consumer finance company to get this recognition.
- Related News
- Read More
Excise tax on sugary drinks needed as soon as possible: Vietnamese finance minister
Minister of Finance Nguyen Van Thang said a tax on sugar-sweetened beverages should have been introduced earlier, warning action cannot wait until the next generation is already facing obesity and related illnesses.
Economy - Fri, May 9, 2025 | 4:35 pm GMT+7
Murphy Oil drills second oil discovery offshore Vietnam
The U.S.-based Murphy Oil has made an oil discovery at the Lac Da Hong-1X (Pink Camel) well in the Cuu Long Basin offshore Vietnam, which is the second discovery in the company's current Vietnam exploration program.
Companies - Fri, May 9, 2025 | 4:09 pm GMT+7
Trade talks with Vietnam 'fruitful': US Trade Representative
U.S. Trade Representative (USTR) Jamieson Greer has described the ongoing trade talks with Vietnam and other countries as “fruitful”, saying “they understand what we're trying to solve for”.
Economy - Fri, May 9, 2025 | 2:48 pm GMT+7
Operation of Vietnam's retail giant Petrolimex 'still normal' despite CEO suspension
Petrolimex is operating normally despite the Ministry of Finance's (MoF) recent "temporary suspension" of its CEO Dao Nam Hai, says a corporate representative.
Companies - Fri, May 9, 2025 | 2:02 pm GMT+7
Bien Hoa Consumer, UOB Venture Management sign strategic partnership for sustainable growth
Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS (AgriS, HoSE: SBT), has announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.
Companies - Fri, May 9, 2025 | 2:01 pm GMT+7
Retailers, restaurateurs flee HCMC street spaces as rents bite
A wave of restaurants and retail chains abandoning their street spaces despite healthy business signals relentless retail rent hikes in Ho Chi Minh City, with no end in sight.
Real Estate - Fri, May 9, 2025 | 11:07 am GMT+7
US tariff shock sharply reduces global container shipping orders: Phaata CEO
The tariff shock from the U.S. and China has caused a sharp decline in container shipping orders, forcing businesses to re-evaluate their entire global supply chain strategies.
Economy - Fri, May 9, 2025 | 8:17 am GMT+7
Malaysian eyes global hub for advanced chip industry
Malaysia is rapidly emerging as a preferred destination for high-value investments in the semiconductor sector, Prime Minister Anwar Ibrahim said at the launch of the East Coast Rail Link (ECRL) operations and maintenance training program.
Southeast Asia - Thu, May 8, 2025 | 10:53 pm GMT+7
Indonesia faces challenge of boosting labour productivity
Despite being in a demographic golden period, Indonesia continues to struggle with low labor productivity, prompting calls for clear and sustainable reforms.
Southeast Asia - Thu, May 8, 2025 | 10:49 pm GMT+7
Singapore, EU ink digital trade agreement
Singapore and the EU on May 7 signed a landmark Digital Trade Agreement (DTA) to provide greater clarity and legal certainty for consumers and businesses on both sides to transact online more seamlessly.
Southeast Asia - Thu, May 8, 2025 | 10:46 pm GMT+7
Initiative to position Malaysia as Southeast Asia’s digital hub
Malaysia is positioning itself as Southeast Asia's digital hub through its digital agenda program, a move aligned with the nation's transition towards a high-technology economy.
Southeast Asia - Thu, May 8, 2025 | 5:45 pm GMT+7
Central Vietnam province proposes including geothermal power project in national power plan
Authorities of Binh Dinh province have proposed the Ministry of Industry and Trade include the 15-megawatt Hoi Van geothermal power plant project in the revised National Power Development Plan VIII (PDP8).
Energy - Thu, May 8, 2025 | 4:56 pm GMT+7
Vietnam firms vow to intensify cooperation with US partners, facilitate country trade talks
Major Vietnamese enterprises have committed to intensifying cooperation with U.S. partners from now until June 2025 to realize signed agreements and MoU, paving the way for trade talks with the U.S.
Economy - Thu, May 8, 2025 | 4:19 pm GMT+7
Phu My Fertilizer becomes main sponsor of Vietnam Women’s Volleyball Team
PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My) has become the main sponsor of the Vietnam Women’s Volleyball Team, the firm announced in a Wednesday release.
Companies - Thu, May 8, 2025 | 4:15 pm GMT+7
AES earns $12 mln in Q1 pre-tax income from coal-fired power plant in Vietnam
U.S.-based energy giant AES Corporation earned a pre-tax income of $12 million from the Mong Duong 2 coal-fired power plant in Vietnam’s northern province of Quang Ninh in the first quarter of this year.
Companies - Thu, May 8, 2025 | 3:33 pm GMT+7
Vietnam insurer Pjico stock plummets amid insurance sector gains
Petrolimex Insurance Corporation (Pjico) saw its stock (HoSE: PGI) tumble nearly 6% on Wednesday, which contrasts with the broader insurance sector which posted solid gains of 1.77%, second only to telecommunications (2.54%).
Companies - Thu, May 8, 2025 | 3:21 pm GMT+7
