On 3rd June 2022, FiinResearch is pleased to present our Vietnam Consumer Finance Report 2022. We have updated Vietnam Consumer Finance Report this year with the emphasis on an in-depth analysis of market share and financial performance among key players, the development of each product segment, prominent trends, new market entrants’ movements as well as regulatory framework of the sector.
2021 turned out to be another eventful year in the Vietnam consumer finance (CF) market. After some glimmers of recovery by early 2021, the sector underwent around 6 months of disruption due to the COVID-19’s fourth wave by Mid-April. However, the growth momentum rallied throughout the last quarter as pandemic pressures eased. This challenging time is also a good game changer that saw the rise of late comers threatening the market share of the elders. While concern about FinCos’ asset quality is still there, 2022 is expected to be a good year for the CF market, characterized by post-pandemic robust growth, diversification of product portfolio and distribution channels associated with digitalization, M&A activities led by foreign investors, and heightened competition forces from alternative lenders such as pawnshops, fintech players.
The key points covered in our latest report include:
You can explore more detail on our full report HERE
Should you have any questions, please contact our Client Advisor at +84 (24) 3562 6962/ +84 (28) 3933 3586 or research.support@fiingroup.vn
Date: 29/08/2024
Date: 29/08/2024
Date: 26/08/2024