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Why Vietnam is tough for Korean card firms to crack

Shinhan Card and Lotte Card, which had both ventured into Vietnam in search of a new growth driver, are now struggling with annual losses due mainly to the prolonged high interest rates wreaking havoc on the local economies of the Southeast Asian country. In response, both credit companies have been focusing on digital solutions as strategies to attract young customers.

Businesses face more risks as reform in business conditions slows

HANOI: Reform in the business environment is tending to slow down, some fields are even creating additional barriers, causing more difficulties and increasing compliance costs for people and businesses, exposing businesses to more risks, according to the former Director of the Central Institute for Economic Management Nguyen Dinh Cung.

David Dapice | East Asia Forum

Vietnam s ultra-rich individuals to hit 1,300 by 2027: Knight Frank

Vietnam s ultra-rich individuals to hit 1,300 by 2027: Knight Frank
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