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Lenders boost consumer loans at year-end

Lenders boost consumer loans at year-end

Both finance companies and banks are promoting consumer lending to capitalise on high demands ahead of the country’s largest holiday Lunar New Year (Tet).

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.

Real estate credit up strongly

Real estate credit up strongly

Bank loans for the property sector are estimated at some VND150 trillion (US$6.7 billion) this year, a 14.2% pickup from a year earlier, according the HCMC Real Estate Association (HoREA).