Credit cards are also benefitting from the ongoing government and finance industry efforts to promote a cashless payment society. As such, we are seeing a robust performance in credit cards in 2023, thanks to a growing awareness among consumers about the advantages of credit cards, in terms of enhancing spend levels and facilitating effective financial management at the same time.
Euromonitor International's Credit Card Transactions 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: Commercial Credit Card Transactions, Personal Credit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Credit Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Credit Cards in Vietnam
Euromonitor International
November 2023
List Of Contents And Tables
CREDIT CARDS IN VIETNAM
KEY DATA FINDINGS
2023 DEVELOPMENTS
Cashback cards appeal to consumers who are struggling in an economic context
Gen Z has become the target audience of both issuers and operators
Domestic credit cards benefit from government and issuer initiatives
PROSPECTS AND OPPORTUNITIES
Hybrid credit/debit cards expected to see ongoing developments
State Bank of Vietnam and NAPAS will continue to boost the presence of domestic credit cards
Increasing trend of buy now pay later may affect the growth of credit cards
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2018-2023
Table 2 Credit Cards Transactions 2018-2023
Table 3 Credit Cards in Circulation: % Growth 2018-2023