Circular No.18/2019/TT-NHNN dated last November limiting unsecured consumer-finance personal loans will also exert more pressure on the business models of more-exposed companies in Vietnam over the next few years. The rules highlight regulatory efforts to temper risks from rising consumer leverage, following aggressive consumer credit growth over the past few years. However, they may also push industry competition towards other product segments as lenders seek to grow. … [Read more...] about Protecting investors at head of consumer finance concern
Big top flea market
“Podcasts will likely become a more popular medium for consuming aural content for those who travel by public transportation as the market begins to mature,” said Tran Binh, deputy head of the digital content division under the news and current affairs department of Voice of Vietnam (VOV) radio. … [Read more...] about Podcasting begins gaining traction in Vietnam
Many travel agencies have also launched their own products and strategies in order to promote domestic tourism. Hanoi Redtours his providing families with attractive tours with discounts of 30-50%; meanwhile, Vietravel has built packages with discounts of up to 50%. Grasping the backpacking trend, the companies have also added retail products and services, including booking hotels and air tickets as well as car rental. For example, the AZA Travel Company has introduced various attractive services, with discounts of up to 70% for air tickets and hotels and up to 50% off on vouchers to luxury resorts around the country. … [Read more...] about BUSINESS NEWS HEADLINES MAY 28
VASEP said that China's demand for shrimp imports in the second quarter of this year is expected to recover as the country has gradually curbed the COVID-19 pandemic. Many Chinese shrimp enterprises have returned to production while the domestic supply of Chinese shrimp is limited due to disease in farmed shrimp. … [Read more...] about Shrimp exports expected to increase in coming months
According to a government-approved plan for the development of e-commerce by 2025 released on May 18, revenue from online sales of business-to-consumer e-commerce, known as B2C e-commerce, is set to grow by 25% per year to US$35 billion, accounting for 10% of total goods retail sales and service revenues. Hanoitimes … [Read more...] about Will Vietnamese e-commerce platforms Tiki and Sendo soon merge?