Total 6 pages for result
October 27 2020
Vietnam consumer finance market experienced a single-digit growth rate (9.2%) YoY in 1H2020. 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, Vietnam consumer finance maintained a contribution of over 20% of the country loan book.
September 04 2020
FiinGroup’s Banking Report 2020 provide an in-depth analysis of the impact of COVID-19 on every aspect of the banking sector and individual banks, including credit growth, asset quality, earning quality, liquidity, profitability, operation efficiency, development trends and regulations in response to the pandemic.
June 04 2020
The 2019 has been particularly eventful, with the revival of at least two inactive FinCos to the market (PTFinance, FCCOM), putting pressure on the market shares of the incumbents. Consumer Finance increased its contribution to national loan book to 20.6% in 2019, up from the 19.7% in 2018. Given the current market size, CF penetration in Vietnam is currently considered slow compared to its regional peers, signifying an attractive growth prospect.
March 17 2020
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.
October 23 2019
Consumer finance (CF) market is getting crowded. New entrants like Easy Credit, Lotte Finance, Shinhan Finance, SHB Finance are eroding market share of key players HD Saison, Home Credit. Cash loan still dominate loan book of FinCos. Key players like FE Credit, JACCs are switching to offer credit cards to customer with good credit history instead of aggressively seizing new customers for 2W, consumer durables, etc.,
July 09 2019
In 2018 and 1H2019, Vietnamese banks registered high profitability despite moderate credit growth, thanks to income from retail services and bancassurance. While NPL is on a declining trend, the main challenges remain undercapitalization, low CAR, and slow listing progress. Throughout the review period, the Government has released draft amendments to several key policies. Within the Scheme to restructure Vietnam's financial system 2016-2020, the country is on track to strengthen and stabilize the banking sector and encourage the development of
June 26 2019
After two years, awareness about CF products and services has increased significantly thanks to FinCos’ marketing efforts, new FinCo entrants, and nation-wide media coverage. Unlike 2017, when in need for cash loans, more people think of FinCos first rather than banks. FiinGroup's 2019 survey report is for new FinCos entering the Vietnam market and existing FinCos to measure their performance and customers’ satisfaction.
June 26 2019
FinCo's YoY growth decelerated, signaling a slowdown for the market players due to the crowding market as the existing FinCos have to compete against both retail banks and new entrants. At the same time, the players are being constrained with SBV’s tightened supervision and lack of new products. Installment products have started to reach saturation, whereas cash loans are facing the SBV’s restrictions. However, given heightened interest in the CF sector in Vietnam, targets for M&A is expected to have high valuation and the sector has an excitin
June 24 2019
Cold chain industry in Vietnam is estimated to size at US$169mn in 2019. Thanks to the development of processing industry in Vietnam and rapid growth of modern trade, cold chain industry in Vietnam is growing quickly. There are two main segments in cold chain industry in Vietnam including cold storage and cold transportation
April 11 2019
Vietnam cement and clinker sales volume reached record high in 2018 thanks to strong domestic market and robust export activities. Given the strong demand and increasing price, local cement manufacturers enjoyed healthy, improved financial performance from average 14.5 percent EBITDA margin in 2017 to average 16.9 percent EBITDA margin in 2018