Vietnam has highest gold demand in Southeast Asia Business

Vietnam has highest gold demand in Southeast Asia

Vietnam has the highest demand for gold in Southeast Asia, Andrew Naylor, Regional CEO, Asia-Pacific (excluding China) and Public Policy of the World Gold Council, said during a recent virtual workshop on the Vietnamese gold market.
Luxury brands see great potential in Vietnam Business

Luxury brands see great potential in Vietnam

Vietnam pales in comparison with Japan and China in regard to the size of the luxury market, but it has a great potential to become a highly profitable market in the near future, according to Jing Daily, a leading digital publication on luxuries in China.
Central bank promotes licensed consumer finance Business

Central bank promotes licensed consumer finance

The State Bank of Vietnam (SBV) will enhance inspections to discover illegal finance companies and protect the interests of consumers and licensed finance companies, according to the SBV’s Governor Nguyen Thi Hong.
Vietnamese consumers expect seamless banking experience Business

Vietnamese consumers expect seamless banking experience

Vietnamese consumers expect a seamless banking experience when it comes to opening an account via a mobile app or website, with two in five expecting to answer 10 questions or less or they will abandon the process. One out of six Vietnamese will drop out if asked more than five questions.
COVID-19 pandemic pushes business online Business

COVID-19 pandemic pushes business online

As Vietnamese enterprises are facing difficulties due to the COVID-19 pandemic, online trading is considered a "tool" to help them turn the situation around, and at the same time opening up many opportunities for businesses to join the global supply chain.