September 27 2019 FiinGroup
The Consumer Finance (CF) market has witnessed significant growth of 59% annually over the period of 2014-2018. The last year has been particularly eventful, with at least four new entrants to the market (VietCredit, EasyCredit, Lotte Finance, SHB Finance), putting pressure on the market shares of the Big Four (FE Credit, Home Credit, HD Saison and Prudential Finance). M&A market was also active, as companies with CF license became hot targets for acquisitions. Overall, given the market’s growth potential, interest from domestic and international were heightened significantly.
August 14 2019 FiinGroup
After a period of strong loan book growth during 2013-2017, Vietnam has witnessed a slowdown - the national loan book grew by 14% in 2018 compared to 18% in 2017. Concerns about aggressive lending practices, and the possible risk in the real estate and non-production sectors have resulted in a tightening of regulations by the State Bank of Vietnam (SBV). Additionally, the focus was on resolving the legacy bad debt with the resulting non-performing loans ratio (NPL) at only 1.89% by YE2018. Considering these events, the SBV also set a modest target of 14% YoY credit growth for 2019.
August 14 2019 FiinGroup
FiinGroup is pleased to introduce Vietnam Cold Chain Market Report 2019, the first and most comprehensive issue on Vietnam cold chain industry. This report presents a board range of topics, both sector-specific and crosscutting market issues.
July 12 2019 FiinGroup
The Consumer Finance market has witnessed significant credit growth of 59% annually over the period of 2014-2018. The last year has been particularly eventful, with at least four new entrants to the market (VietCredit, EasyCredit, Lotte Finance, SHB Finance), putting pressure on the market shares of the Big Four (FE Credit, Home Credit, HD Saison and Prudential Finance). Overall, interests from domestic and abroad have heightened significantly.
June 25 2019 FiinGroup
FiinGroup’s highly anticipated Vietnam Banking Report 2019 is coming out in June or possibly early July. Pre-order by July 7 to get 5% off and exclusive offers!
June 17 2019 FiinGroup
FiinGroup expects that cold chain industry will reach US$169mn in 2019, fueled by the development of the processing industry and modern trade retails.
June 11 2019 FiinGroup
After the record high of 16.4 percent in 2018, clinker and cement sales contracted by 0.5 percent in 4M2019 due to the slowdown in domestic market as well as exports.
June 10 2019 FiinGroup
The pace of Vietnam consumer finance growth has currently shown clear signs of slowing down.