Vietnam’s life insurance sector enjoyed 17% year-on-year growth in first half 2021 despite uncertainties driven by COVID-19

August 18 2021

Vietnam’s life insurance sector continues delivering positive growth in the first half of 2021 in the context of continued pandemic spread in Vietnam. Mr. Dong Le, FiinGroup’s Head of Market Research and Consulting Services, FiinResearch, shares some insights on how the life sector has performed during the pandemic, key drivers for the outperformance, and sector outlook for 2021 and beyond.

FiinResearch, the Research and Consulting Division of FiinGroup, has completed a comprehensive study on rigid plastics market in Vietnam to support Duy Tan Plastics Co. Ltd on its sale to SCG Packaging

July 27 2021 FiinGroup

FiinResearch is pleased to announce that on 24 July 2021, its client, Duy Tan Plastics Co. Ltd, completed a transaction to sell 70% stake in Duy Tan Plastics Manufacturing Corporation (“Duy Tan”), a subsidiary of Duy Tan Plastics Co. Ltd, to SCG Packaging Public Company Limited (“SCGP”), a subsidiary of Siam Cement Group (“SCG”).

Vietnam Cement Market 2021: Neutral outlook for domestic market and positive outlook for export.

June 23 2021 FiinGroup

Vietnam’s cement industry expanded by 0.9% in 2020, mainly driven by buoyant clinker and cement export activity. As new export destinations continue to be explored, leading private cement firms to look to develop new facilities to meet demand from overseas, while the domestic market still holds much long-term potential for growth.

[FiinResearch] Vietnam Consumer Finance Report 2021

June 23 2021 FiinGroup

Vietnam’s consumer finance (CF) market has dipped to low double-digit growth (10.7%YoY) after a year of hardship. Changing dynamics, intense competition, customers with affected income amid COVID-19, and tightening regulations on cash loans disbursement under Circular No. 18/2019/TT-NHNN jointly exerted pressure on CF growth.

[FiinResearch] Vietnam Plastic Packaging Market Report 2021

June 22 2021 FiinGroup

FiinGroup is pleased to introduce Vietnam Plastic Packaging Market Report 2021, the first and most comprehensive issue on Vietnam plastic packaging industry including flexible packaging and rigid packaging

[FiinResearch] - Vietnam Cement Market Report 2021

May 28 2021 FiinGroup

FiinGroup is pleased to introduce Vietnam Cement Market Report 2021, the first and most comprehensive issue on Vietnam cement industry. This report presents a board range of topics, both sector-specific and crosscutting market issues.

FE Credit Valuation Analysis

May 21 2021 FiinGroup

On April 28th, 2021, FiinGroup released the valuation analysis on FE Credit through the deal in which VPBank announced its transfer of 49% equity stake in its subsidiary FE Credit to SMBC

Vietnam Consumer Finance Market - Revival Almost Assured

May 06 2021 FiinGroup

In the period of 2015-2019, the market size of the consumer finance, in term of outstanding loan portfolio, enjoyed average growth rate of over 30% per year. In 2020, the sector witnessed a significant slowdown with growth rate of around 10%, due to negative impacts of COVID-19.

FiinResearch, the Research and Consulting Division of FiinGroup, has completed a comprehensive market research on Intermediate Payment Services (IPS) sector to support KB Financial Group (South Korea) in its Series A investment in GPAY in Vietnam

January 27 2021 FiinGroup

FiinResearch is pleased to announce that its client, KB Financial Group (South Korea) has completed a Series A investment in Gpay, the intermediate payment service arm of G-Group (Vietnam). In the transaction, Gpay is valued at VND425bn (equivalent to US$18.4mn). Further details of the transaction are not disclosed.

[FiinResearch] - Consumer Finance in Vietnam 1H2020 Review

October 28 2020 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.

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