Banks eye consumer finance for bigger share

Banks eye consumer finance for bigger share

Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach 1,000 trillion VND (4.38 billion USD) by 2020 and grow at 29 percent annually.
Consumer lending in VN surged 65% in 2017

Consumer lending in VN surged 65% in 2017

Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).
Right mix for consumer loans to flourish: experts

Right mix for consumer loans to flourish: experts

Consumer lending has the potential for explosive growth in Vietnam, but this can only happen with significant improvements in consumer satisfaction with credit institutions and loan conditions, experts say.
Proposing consumer goods to transit through My Dinh ICD

Proposing consumer goods to transit through My Dinh ICD

VCN - Ministry of Finance has proposed to the Prime Minister to allow to continue the pilot of transshipment for imported consumer goods to (ICD) My Dinh.
Vegetables and fruit imported from Thailand nearly double China

Vegetables and fruit imported from Thailand nearly double China

VCN- With the taste of Vietnamese consumers, vegetables and fruits imported from Thailand nearly double imports from China.
Handicrafts struggling for export

Handicrafts struggling for export

VCN - Contributing over $US 1 billion for the export achievement of the whole country, the handicraft industry is considered as a potential sector.
Vietnamese consumers prefer ‘Made in Thailand’

Vietnamese consumers prefer ‘Made in Thailand’

More than ever, consumers in Vietnam are looking for the ‘Made in Thailand’ label when purchasing consumer goods, and they're willing to pay a premium for these products, according to experts.
CPI rises 0.54% in September

CPI rises 0.54% in September

The consumer price index CPI rose 0 54 percent in September compared to August raising the index for the first nine months of this year by 2 07 percent on an annual basic the General Statistics Office GSO announced on September 24.
Two Chinese trucks were temporarily seized for signs of violation

Two Chinese trucks were temporarily seized for signs of violation

VCN- The Customs forces and police forces coordinated to carry out physical inspections of two Chinese trucks carrying consumer goods with signs of violation.
Vietnamese consumer confidence in top 10 despite slight fall

Vietnamese consumer confidence in top 10 despite slight fall

Despite a slight decrease of 2 percentage points in the second quarter of 2016, Vietnamese consumer confidence continues staying at a high level, ranking as the 7th most optimistic country in the world, according to the latest Consumer Confidence Index re
July CPI increases 0.13 percent month on month

July CPI increases 0.13 percent month on month

The July consumer price index (CPI) CPI rose 0.13 percent against June, 2.39 percent year on year and 2.48 percent compared to December 2015, the General Statistics Office (GSO) reported on July 24.
Resolving difficulties in handicraft exports

Resolving difficulties in handicraft exports

Export turnover of handicraft products has ranged from around US$1.5 billion a year for many years due to designs failing to keep up with consumer trends.
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