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In a significant development for Vietnam’s consumer finance landscape, F88 has secured approval to list on the Unlisted Public Company Market (UPCoM), starting August 8 at VND634,900 (approximately US$24.21) per share. The listing will consist of over 8.26…
F88 Business JSC recorded a loss of VND368 billion (US$15.3 million) in the first half after police launched investigations into wrongdoings at the company. Representatives of the pawnshop and loan firm cited the high cost of risk as the main reason for the…
Vietnamese pawn shop chains have been attracting increasing investment for several years now as large demand for quick loans prompt their expansion. Leading jeweler Phu Nhuan Jewelry (PNJ) recently announced that it would acquire a 30 percent stake in…
