Bad habit where to buy

In May, local media reported more than 60,000 people across Vietnam had to suffer cutthroat interest rates of over 1,000 per cent per year from a payday loan ring headed by Chinese nationals. The total loan amount reached VND100 billion ($4.2 million). The payday loan shark ran three companies (Vinfin, Beta, and Dai Phat) providing cash loans via apps Vaytocdo, Moreloan, and VD Online. … [Read more...] about Predatory debt collectors hustling on borrowed time

In the economic growth of 1.81 percent in the first six months of Vietnam’s economy, the agro-forestry-fisheries sector augmented 1.19 percent, contributing 11.89 percent to the general growth; industrial and construction sector advanced 2.98 percent, contributing 73.14 percent; service sector shot up 0.57 percent, contributing 14.97 percent. The main motivation for the economic growth in the first six months of this year was industrial processing and manufacturing which emerged 4.96 percent and market services. Of which, wholesale and retail mounted 4.3 percent; finance, banking, and insurance activities rocketed 6.78 percent. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 2