Thriving Consumer Lending Market in Vietnam – Vietnam Briefing News

WASHINGTON (Reuters) – A U.S. banking regulator said on Wednesday that bitcoin does. "I think this area of small, consumer lending in the banking business probably needs to be thought through," he.

 · Facebook is facing accusations from Vietnam that the social media giant did not remove content that it said was “slanderous,” reported Financial Times. Citing a briefing in Hanoi, Vietnam.

Mortgage Rates Pushing Important Boundary  · At the height of the housing bubble in 2005 and 2006, when homeownership and home sales peaked, the 30-year fixed mortgage rate hovered between 5.5% and 7%; since then, homeownership and sales.City agrees to sell uptown land to apartment developer The city of Charlotte has agreed to sell a nearly 4-acre empty piece of land to developer Pollack Shores Development for $12.2 million, an agreement that could bring hundreds of new apartments uptown.

VNM Fund Description. VNM tracks a market-cap-weighted index of Vietnamese stocks. The fund covers roughly 70% of companies listed or domiciled in Vietnam or that generate a majority of their.

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The hearings are being conducted in a number of rounds – one for each of consumer lending practices. have a significant role to play in ensuring sound company practice and market integrity. This.

MAPLETREE Logistics Trust will be acquiring a warehouse in the Vietnam-Singapore Industrial Park I located in Binh Duong province, Vietnam for approximately S$43 million. Upon completion of the acquisition, the property will be leased to Unilever Vietnam for 10 years.

Similar to India and Indonesia, Vietnam’s online lending sector is on the cusp of taking off. The Vietnamese government was mulling over a decision to legalize P2P lending earlier this year. In March, the government announced that it would soon allow a pilot program for P2P lending before developing a regulatory framework for the sector.

Consumer finance market in Vietnam is soaring but still considered to be primary compared to other markets. home purchase, construction and renovation loans and home appliances loans still take up a majority of total consumer loans outstanding in 2015.

Consumer Lending in Vietnam report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions.

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The central bank had preliminary talks with internet-only bank operators overseas. Malaysia’s central bank is targeting the release of virtual bank licencing requirements by the end of 2019 in a bid to keep up pace with its regional peers, reports Bernama.