Vietnam consumer lending companies report heavy losses in H1

Vietnam consumer lending companies report heavy losses in H1

Amid the gloomy business picture in the first half of the year, many consumer finance companies and pawnshops in Vietnam have reported heavy losses or plunging profits compared to the same period last year.

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

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

From rags to riches story ends in police probe

From rags to riches story ends in police probe

Vietnamese businessman Phung Anh Tuan started out running a small pawnshop but has since built one of the best know financial services firms in Vietnam with a presence across the country, but now the company has found itself in hot water with the police.

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

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