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Impact of COVID-19 on intention to loan in Vietnam 2015-2020

According to a survey conducted by Infocus Mekong that tracked changes in consumer behaviors as a result of COVID-19, 63 percent of respondents in July 2020 stated that they would be taking out loans in the next six months. In comparison, 29 percent of respondents had the intention of taking out loans from banks, lending institutions or friends.

Impact of COVID-19 on intention to take out loans in the next six months in Vietnam from 2015 to July 2020

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Source

In cooperation with
Infocus Mekong
Release date

August 2020

Region

Vietnam

Survey time period

2015 ro July 2020

Number of respondents

1,019 respondents

Age group

18 years and older

Supplementary notes

Original question: In the next 1-6 months, will you take out a loan from any kind from a bank, lending institution or borrow from friends/family?

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