Pawnshop loans need specific regulations to improve service

Pawnshop loans need specific regulations to improve service

Vietnam's pawnshop loan market holds huge potential, but there are too many legal grey areas, including rules on fees, lending rates, and debt collection, according to experts.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Public security ministry detects asset appropriation via payday loans

Public security ministry detects asset appropriation via payday loans

Police across Vietnam have recently detected cases involving asset appropriation by businesses posing as financial services firms, who conduct illegal debt collection.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

13 debt collectors arrested in HCMC for illegal, coercive methods

13 debt collectors arrested in HCMC for illegal, coercive methods

Thirteen employees of the South Korean-invested Mirae Asset Finance Company have been arrested by Ho Chi Minh City police for threatening and slandering customers in the debt collection process.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

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