Market Research Report
Consumer Lending in Vietnam
|Published by||Euromonitor International||Product code||972732|
|Published||Content info||16 Pages
Delivery time: 1-2 business days
|Consumer Lending in Vietnam|
|Published: November 19, 2020||Content info: 16 Pages||
The COVID-19 pandemic had a negative impact on Vietnam's economy during 2020 as the official response to the pandemic led to a major interruption of commercial activity in various key sectors of the national economy. Nevertheless, the direct impact of the pandemic on the consumer lending industry was not particularly pronounced. Although the strong double-digit growth that was being recorded in gross lending terms during the review period softened during 2020, outstanding balance increased sligh...
Euromonitor International's Consumer Lending in Vietnam report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Consumer Credit, Mortgages/Housing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
COVID-19 impact on consumer lending
COVID-19 country impact
Mortgages/housing lending comes under pressure due to housing slump
Pressure on consumers credit despite effective COVID-19 management
The development of fintech to spur growth in consumer lending
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Emerging economic uncertainty puts the brakes on consumer credit
Smaller loans become popular in other personal lending
Interest rate regulations eased to reflect unfavourable borrowing environment
RECOVERY AND OPPORTUNITIES
Repayment holidays and reduced interest rates to inflate outstanding balance
Increasing business and consumer confidence set to support strong recovery
Fintech development and emergence of m-commerce to spur growth