January 12 2021 FiinGroup
For the first time in a decade, Vietnam consumer finance market experienced a single-digit growth rate (9.2% YoY in the first half of 2020), following aggressive credit growth over the past few year. This is attributed to the dual challenge posed by COVID-19 pandemic and tightening regulations on cash loans disbursement prescribed at Circular 18/2019. However, despite the modest growth rate, Vietnam consumer finance maintained a contribution of over 20% of the country loan book.
August 25 2020 FiinGroup
Vietnam Consumer Finance Report 2020: Challenges and opportunities for getting ahead
May 25 2020 FiinGroup
The growth momentum of Vietnam cement industry in 2019 has slowed down significantly for both domestic and export market. Despite the slowdown in sales growth, local cement manufacturers managed to achieve an improvement in profitability with EBITDA margin from 16.3 percent in 2018 to 16.9 percent in 2019 thanks to good cost management & the increase in retail cement price.
December 06 2019 FiinGroup
The CF market is turning to get a steady growth due to the concern about SBV’s proposed tightening policies on disbursement to new customers as well as limit of cash loans, which accounts for more than 30% of loan books in the majority of FinCos. In 1H2019. The CF market inched up 11.7% YTD growth.
December 04 2019 FiinGroup
Overall, Vietnamese banking system experienced a relatively stable year in 2018. The sector recorded moderate credit growth. Sectors that could threaten the stability of the system such as non-production loans including high-end real estate, consumer loans and black credit market are to be closely monitored.
January 16 2019 StoxPlus
Vietnam’s banking reported a successful outcome in 2017. The sector received USD2.39bn in net profit, financial efficiency improved, loan growth was strong, bad debts are being resolved, cost of financing was low, operations become more effective, and bancassurance booked enormous commissions.