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Vietnamese buy into interest-free credit for durables

Vietnamese buy into interest-free credit for durables

Using credit cards to buy consumer durables through installment plans is becoming a common trend, especially among young people. In early October, when HCMC lifted Covid-19 restrictions, Ngoc Nhu decided to buy a new refrigerator and opted for an eight-month installment plan with zero interest. She had to pay VND1.3 …

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Vietnam records 14,966 new Covid cases

The Health Ministry confirmed 14,966 new local Covid-19 cases Monday, down 1,127 cases from the previous day, pushing the ongoing wave’s tally to 1,549,032. The three localities with the highest number of new cases were Hanoi with 1,612 cases, Ben Tre with 985 cases, and Ca Mau with 967 cases. …

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Garment export won’t decline next year: association

Garment export won’t decline next year: association

Vietnam’s garment and textile exports next year is set to remain the same as this year even in the worst-case scenario where the Covid-19 pandemic prolongs, an association forecasts. Vietnam Textile and Apparel Association (VITAS) anticipates export would reach $39 billion next year, the same as this year, if pandemic …

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