Why is spitting a bad habit

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

Within the service sector, the contribution of a number of markets make up a large proportion of the increase in total added value during the reviewed period. As such, wholesale and retail increased by 4.3% on-year to make it the largest contributor to the increase in total value added of the economy. This was followed by finance banking and insurance, which went up by 6.78%, whilst transportation and warehouses fell by 3%, with accommodation and catering services down by 20.7%. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES JULY 2