Unscrupulous lenders could try to cash in on the upcoming Lunar New Year holiday as blue-collar workers cope with the festive spending. Predatory lenders prey on blue-collar workers as the Lunar New Year approaches The 2022 survey of the Vietnam General Confederation of Labor revealed nearly 59% of workers had no savings, 38% were in […]

Airing on 31st July 2022, “The 9th+ hour” episode centered on the work-life stories of factory workers in Binh Duong province, part of the Southern Key Economic Region in Vietnam.   This was the first episode of “The 9th+ hour” show that GIMO co-produced with the General Confederation of Labor and Vietnam Television.   Participating in the […]

In 2022, the Vietnam General Confederation of Labor reports that there is a concerning 30 percent of blue-collar workers struggling with financial challenges [1]. Most of those workers remain susceptible to the predatory financial lifebuoy, as they calculate against inflation and insecurities.   This reality has triggered fintech companies to step up and empower Vietnamese […]

On-demand is in demand. Earned Wage Access (EWA) – or On-demand pay is catching on in Vietnam, initially helping employees enrich their financial lives and employers nurture a healthier workforce.

For the past few years, the workforce in European countries, U.S. and Australia, has been offered earned wage access (EWA), allowing employees to get their earns before their payday. As it has quickly shown significant impacts on people’s life and work, the solution has been newly introduced in developing countries; including Vietnam.  As a matter of […]