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Vietnam seeks to address grey areas in growing pawn market

mei 09, 2023by Reacties uitgeschakeld voor Vietnam seeks to address grey areas in growing pawn market

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HANOI, May 9 (Xinhua) — Vietnamese regulators seeks to develop a legal framework on lending interest rates, borrowing fees and debt collection activities amid the increasing licensed pawnshops for quick cash, Vietnam News reported on Tuesday.

There were an estimated of 27,000 pawnshops in Vietnam by the end of last year, according to the Ministry of Public Security.

The largest pawn lender F88, which is

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