Vietnam Banks Market Summary, Competitive Analysis and Forecast to 2027
Summary
Banks in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
- The Vietnamese banks industry group had total assets of $745.7 billion in 2022, representing a compound annual growth rate (CAGR) of 10.3% between 2017 and 2022.
- The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $260.6 billion, equivalent to 34.9% of the industry group's overall value.
- The Vietnamese banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, a growing economy, increasing interest rates, and a highly skilled labor population. According to in-house research, the real GDP annual growth of Vietnam stood at 7.4% in 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Vietnam
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Vietnam
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam banks market with five year forecasts
- What was the size of the Vietnam banks market by value in 2022?
- What will be the size of the Vietnam banks market in 2027?
- What factors are affecting the strength of competition in the Vietnam banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Vietnam's banks market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 8 Company Profiles
- 8.1. Military Commercial Joint Stock Bank
- 8.2. Joint Stock Commercial Bank for Investment and Development of Vietnam
- 8.3. Vietnam Joint Stock Commercial Bank for Industry and Trade
- 8.4. Vietcombank
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Vietnam banks industry value: $ billion, 2017–22
- Table 2: Vietnam banks industry category segmentation: % share, by value, 2017–2022
- Table 3: Vietnam banks industry category segmentation: $ billion, 2017-2022
- Table 4: Vietnam banks industry geography segmentation: $ billion, 2022
- Table 5: Vietnam banks industry value forecast: $ billion, 2022–27
- Table 6: Military Commercial Joint Stock Bank: key facts
- Table 7: Military Commercial Joint Stock Bank: Annual Financial Ratios
- Table 8: Military Commercial Joint Stock Bank: Key Employees
- Table 9: Joint Stock Commercial Bank for Investment and Development of Vietnam: key facts
- Table 10: Joint Stock Commercial Bank for Investment and Development of Vietnam: Annual Financial Ratios
- Table 11: Joint Stock Commercial Bank for Investment and Development of Vietnam: Key Employees
- Table 12: Vietnam Joint Stock Commercial Bank for Industry and Trade: key facts
- Table 13: Vietnam Joint Stock Commercial Bank for Industry and Trade: Annual Financial Ratios
- Table 14: Vietnam Joint Stock Commercial Bank for Industry and Trade: Key Employees
- Table 15: Vietcombank: key facts
- Table 16: Vietcombank: Key Employees
- Table 17: Vietnam size of population (million), 2018–22
- Table 18: Vietnam gdp (constant 2005 prices, $ billion), 2018–22
- Table 19: Vietnam gdp (current prices, $ billion), 2018–22
- Table 20: Vietnam inflation, 2018–22
- Table 21: Vietnam consumer price index (absolute), 2018–22
- Table 22: Vietnam exchange rate, 2018–22
- List of Figures
- Figure 1: Vietnam banks industry value: $ billion, 2017–22
- Figure 2: Vietnam banks industry category segmentation: $ billion, 2017-2022
- Figure 3: Vietnam banks industry geography segmentation: % share, by value, 2022
- Figure 4: Vietnam banks industry value forecast: $ billion, 2022–27
- Figure 5: Forces driving competition in the banks industry in Vietnam, 2022
- Figure 6: Drivers of buyer power in the banks industry in Vietnam, 2022
- Figure 7: Drivers of supplier power in the banks industry in Vietnam, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Vietnam, 2022
- Figure 9: Factors influencing the threat of substitutes in the banks industry in Vietnam, 2022
- Figure 10: Drivers of degree of rivalry in the banks industry in Vietnam, 2022
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