Credit cards are expected to demonstrate robust growth in Vietnam transaction value and volume in 2024, driven by the aggressive marketing and promotional efforts of both the government and banking institutions. Within this, commercial credit cards are leading growth, fuelled by rising demand from SMEs and micro-enterprises. Despite the government’s efforts to increase lending capital for businesses, many smaller companies still struggle to meet stringent credit requirements. Unable to secure tr...
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
January 2025
List Of Contents And Tables
CREDIT CARDS IN VIETNAM
KEY DATA FINDINGS
2024 DEVELOPMENTS
Credit cards attract businesses and tech-savvy young consumers
Regulatory changes impact credit card market
Banks launch personalised credit cards to attract distinct consumer segments
PROSPECTS AND OPPORTUNITIES
Credit cards are set for healthy growth, driven by marketing and promotions, although BNPL services will likely pose competition
Fast expansion of QR payments will have negative impact on credit cards
Domestic credit cards poised to increase their share, with NAPAS leading the way
CATEGORY DATA
Table 1 Credit Cards: Number of Cards in Circulation 2019-2024
Table 2 Credit Cards Transactions 2019-2024
Table 3 Credit Cards in Circulation: % Growth 2019-2024