Vietnam Auto Finance Market Outlook to 2024
By Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Light Commercial)
Published on
January 2019
Total pages
109
About the Report
About the Report
Click here for updated Report on: - Vietnam Auto Finance Market Outlook to 2026
The report titled "Vietnam Auto Finance Market Outlook to 2024 - by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Light Commercial)" provides a comprehensive analysis of Vietnam’s Auto Finance Market including market evolution, overview, genesis, market size and market segmentations. Extensive focus has been placed in quantifying the market size of this industry by credit disbursed, auto loans outstanding and number of vehicles financed. The report covers aspects such as market segmentation (by loan tenure, type of vehicles and type of institutions) and snapshot on general automotive space in Vietnam. Competitive landscape of major players including Toyota Financial Services Vietnam, Bank for Investment and Development of Vietnam, Sacom Bank, Vietnam International Bank, Saigon Hanoi Bank, Tien Phong Bank and HD Saison have been extensively covered mentioning company overview, major business strategies, USP, car finance delivered, products and services, market share, strengths, financials and various other parameters. Value chain analysis has been given prime importance covering role & nature of major entities along with mentioning the major vendor selection criteria and pain points. The report also covers future industry analysis (by credit disbursed and by auto loan outstanding), future market segmentation, SWOT analysis, growth opportunities, upcoming business models, government regulations and analyst recommendations.
Vietnam Auto Finance Market Executive Summary
The report titled "Vietnam Auto Finance Market Outlook to 2024 - by Loan Tenure, by Type of Institution (Commercial Banks and Non- Banking Financial Institutions) and by Type of Vehicle (Passenger and Light Commercial)" provides a comprehensive analysis of Vietnam’s Auto Finance Market including market evolution, overview, genesis, market size and market segmentations. Extensive focus has been placed in quantifying the market size of this industry by credit disbursed, auto loans outstanding and number of vehicles financed. The report covers aspects such as market segmentation (by loan tenure, type of vehicles and type of institutions) and snapshot on general automotive space in Vietnam. Competitive landscape of major players including Toyota Financial Services Vietnam, Bank for Investment and Development of Vietnam, Sacom Bank, Vietnam International Bank, Saigon Hanoi Bank, Tien Phong Bank and HD Saison have been extensively covered mentioning company overview, major business strategies, USP, car finance delivered, products and services, market share, strengths, financials and various other parameters. Value chain analysis has been given prime importance covering role & nature of major entities along with mentioning the major vendor selection criteria and pain points. The report also covers future industry analysis (by credit disbursed and by auto loan outstanding), future market segmentation, SWOT analysis, growth opportunities, upcoming business models, government regulations and analyst recommendations.
Vietnam Auto Finance Market Executive Summary
Market Overview: Vietnam auto finance market has witnessed continuous growth since 2014 and has constituted approximately 6% of the overall South Asian auto finance market in 2018. The market compasses similar trends fairly in-line with domestic vehicle sales market, qualitatively & quantitatively with banks and non-banking financial institutions being the major operating entities in the space. The market is currently in its growth stage.
Market Size: Vietnam auto finance market has enlarged registering a CAGR ofclose to27% during 2014-2018 in terms of total auto loan disbursed. The market size by number of new automobiles financed has increased at a CAGR of close to 26% (2014-2018) owing to consumer’s preference shift towards cars from motorbikes with mounting purchasing power. This increase can also be attributed to the rise of ride sharing services in the country and improvements in the financial infrastructure. The growth stagnated in 2017 due to customers waiting for the new 0% tax on imported cars which came into effect on January 1st, 2018. Growing consumer confidence index, constant prime lending rates, growing car sales have been the major push factors.
Market Segmentation
By Type of Vehicles: On the basis of credit disbursed for commercial vehicles registered a robust CAGR during 2014-2018. On the basis of auto loan outstanding, passenger vehicle recorded a CAGR above 36% while light commercial vehicles experienced a CAGR of above 16%. The continuous increase in demand for passenger vehicles can be attributed to the rising GDP per capita in Vietnam along with improvements in infrastructure, and the growth in social status from the ownership of a car.
By Type of Institutions: By auto loan outstanding,banks & subsidiaries have led the market in 2018 with their stable financial structures and high trust factor associated with the provision of their services.A very minimal proportion was captured by NBFIs. Captives and independentconsumer finance companies in Vietnam also form part of this segment.
By Loan Tenure: On the basis of auto loan disbursed for passenger and light commercial vehicles, 5 year loan tenure has been the most popular one in 2018. This was followed by 4 year loan tenure and 3 year tenure respectively. Short term loans have been less popular hence 2 year and 1 year loan tenures have comprised of a very small share in the market.
Competitive Analysis
The market is moderately concentrated among top 5 institutions (VIB Bank, TP Bank, BIDV, Sacom Bank, Toyota Financial Services) in terms of auto loan outstanding. These entities control market trends owing to large customer loyalty & trust associated. The vast majority of auto financing occurs in banks although there is an increasing shift to non-banking financial institutions in recent years as they offer lower interest rates, quicker approvals and a simple documentation procedure. Consumer financing companies are expanding rapidly in Vietnam as witnessed in the recent times. There are around 16 consumer financing companies generally catering to the low income segment of the population. Prominent entities include Vietnam International Bank, Tien Phong Bank, Sacom Bank, Techcom Bank, Bank for Investment and Development of Vietnam, whereas the major non-banking financial institutions include FE Credit, Home Credit and HD Saison, Toyota Financial Services Vietnam.
Future Analysis and Projections
The credit disbursed in the Vietnam Auto Finance Market is projected to increase at a CAGR close to 17%. The major growth drivers include lower tax on imported vehicles, infrastructural improvement, a rising commercial vehicle segment, new catchment areas, continued dominance of motorbikes and the potential of consumer financing.
Hanoi and Ho Chi Minh City are expected to continue their dominance with increasing number of population shifting to these regions. VinFast, Vietnam’s first local auto manufacturer is establishing its new automobile & motorbike manufacturing complex in Hai Phong, which is anticipated to expand its economy and expand the market for car financing. Bien Hoa is expected to rapidly grow due to its close proximity to Ho Chi Min City and is experiencing rapid infrastructural improvements and economic growth, which is projected to bring in numerous auto financing companies. The tourism industry in Vietnam is booming and is projected to enhance the economy of coastal cities such as Da Nang and Nha Trang.
Key Segments Covered
- By Type of Vehicles (Passenger Vehicles and Commercial Vehicles on the basis of Credit Disbursed and Auto Loan Outstanding)
- By Type of Institutions (Banks & Subsidiaries and Non-Bank Financial Institutes on the Basis of Credit Disbursement)
- By Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years, 5 and More years on the basis of Volume of Vehicles sold in 2018)
Key Target Audience
- Existing Auto Finance Companies
- Banks & Subsidiaries
- Captive Finance Companies
- Non Banking Financial Institutions
- New Market Entrants
- Automobile Financing Companies
- Government Organizations
- Investors
- Automobile Associations
- Automobile Original Equipment Manufacturer
Time Period Captured in the Report:
- Financial Year 2014-2018: Historical Period
- Financial Year 2019-2024: Future Forecast
Key Target Audience
- Existing Auto Finance Companies
- New market entrants
- Government bodies
- Investors
- Automobile Manufacturers
- Automobile Associations
- Auto parts Equipment Manufacturer
Companies Cited in the Report
Banks & Subsidiaries
- Tien Phong Bank
- Vietcom Bank
- Sacom Bank
- Vietin Bank
- Shinhan Bank Vietnam
- Saigon Hanoi Bank
- Techcom Bank
- Vietnam International Bank
- Bank for Investment and Development of Vietnam
Non-Banking Financial Institutions
- BMW Financial Services
- HD Saison Finance Company
- Daimler Finance
- Toyota Financial Services Vietnam Company Limited
Key Topics Covered in the Report
- Vietnam Auto Finance Market Genesis
- Vietnam Auto Finance Market Value Chain
- Vietnam Auto Finance Market Ecosystem
- Vietnam Auto Finance Market Overview
- Vietnam Auto Finance Market Size on the Basis of Credit Disbursed, 2014–2018
- Vietnam Auto Finance Market Size on the Basis of Auto Loan Outstanding, 2014–2018
- Vietnam Auto Finance Market Growth Drivers & Challenges
- Vietnam Auto Finance Market Segmentation by Type of Vehicles (Passenger and Commercial on the basis of Credit disbursed and Auto Loan Outstanding)
- Vietnam Auto Finance Market Segmentation by Tenure of Loan (1-5 Years on the basis of Auto Loan Outstanding)
- Vietnam Auto Finance Market Segmentation by Type of Institutions (Banks and Non-Banks on the basis of Auto Loan Outstanding)
- Government Regulations in Vietnam Auto Finance Market
- Strengths and Weaknesses of Major Players in Vietnam Auto Finance Sector
- Company Profile of Major Players in Vietnam Auto Finance Sector
- Future Outlook and Projections in Vietnam Auto Finance Market (2019-2024)
- Growth Opportunities in Vietnam Auto Finance Market
- Future Market Segmentation of Vietnam Auto Finance Market
- SWOT Analysis of Vietnam Auto Finance Market
- Analyst Recommendations
Products
Products
Key Segments Covered
- By Type of Vehicles (Passenger Vehicles and Commercial Vehicles on the basis of Credit Disbursed and Auto Loan Outstanding)
- By Type of Institutions (Banks & Subsidiaries and Non-Bank Financial Institutes on the Basis of Credit Disbursement)
- By Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years, 5 and More years on the basis of Volume of Vehicles sold in 2018)
Companies
Banks & Subsidiaries
- Tien Phong Bank
- Vietcom Bank
- Sacom Bank
- Vietin Bank
- Shinhan Bank Vietnam
- Saigon Hanoi Bank
- Techcom Bank
- Vietnam International Bank
- Bank for Investment and Development of Vietnam
Non-Banking Financial Institutions
- BMW Financial Services
- HD Saison Finance Company
- Daimler Finance
- Toyota Financial Services Vietnam Company Limited
Table of Contents
Table of Contents
1. Executive Summary
1.1 Market Size and Overview
1.2. Competitive Analysis
1.3. Future Analysis and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
2.4. Consolidated Research Approach
2.5. Market Sizing – Vietnam auto finance market
2.6. Variables (Dependent and Independent)
2.7. Multi Factor Based Sensitivity Model
2.8. Regression Matrix
2.9. Limitations
2.10. Final Conclusion
3. Vietnam Auto Finance Market Timeline, Overview& Ecosystem
3.1. Market Timeline, 1957-2018
3.2. Market Overview, 2014-2024
3.3. Vietnam Auto Finance Market Ecosystem, 2018
4. Vietnam Auto Finance Value Chain Analysis
4.1. Vendor Selection Process
4.2. Pain Points for Customer and Credit Institutions
5. Vietnam Auto Finance Market Size, 2012-2018
5.1. By Credit Disbursed, Auto Loan Outstanding & Number Of Automobiles Financed, 2014-2018
Loan Proportions, 2014-2018
5.2. Trends and Development in Vietnam Auto Finance Market, 2018
Growing Consumer Confidence Index
Increase in Vehicle Sales
Import Tax Cut
Promulgation of Decree 116-125/2017/ND-CP
Motorbike Dominance
Foreign Partnership
Domestic Car Manufacturer
5.3. Challenges in Vietnam Auto Finance Market, 2018
Small Scale Production and Competition
Unavailability of Supplies and Substandard Supply Chain
GovernmentRestrictions
Counterfeit Products
6. Vietnam Auto Finance Market Segmentation, 2014-2018
6.1. By Type of Vehicle (Passenger and Commercial), 2014-2018
6.2. By Number of Vehicles Financed Based on Loan Tenure, 2018
6.3. By Type of Institutions (Banks and Non-Bank Financial Institutions), 2018
7. Government Regulations, Major Associations & General Documents for Auto Financing, 2018
7.1. Regulatory Framework for Vietnam Credit Institutions
7.2. Major Associations
Credit Associataion
Vietnam banks Association (VNBA)
7.3. General Requirements and Documentation for New and Used Car Financing in Vietnam
Loan Application Terms
Lending Terms
8. Snapshot on Automotive Space in Vietnam, 2018
9. SWOT Analysis of Vietnam’s Auto Finance Market, 2018
10. Vietnam Auto Finance Market Competitive Scenario, 2018
10.1. Competition Nature, Business Positioning & Competition Parameters, 2018
10.2. Market Share of Major Players in Vietnam Auto Finance Market, 2018
10.3. Strengths And Weaknesses of Major Credit Institutions, 2018
11. Company Profiles for Major Banks in Vietnam, 2018
11.1. Vietnam International Bank (VIB)
11.2. Techcom bank
11.3. Tien Phong Bank
11.4. Sacom Bank Vietnam
11.5. Bank for Investment and Development of Vietnam (BIDV)
11.6. Vietcom Bank
11.7. Vietin Bank
11.8. Shinhan Bank Vietnam
11.9. Saigon Hanoi Bank
12. Company Profiles for Other Non-Banking Institutions in Vietnam, 2018
Consumer Finance Companies
12.1. Toyota Financial Services Vietnam
12.2. HD Saison
Captive Finance Companies
13. Vietnam Auto Finance Market Future Outlook and Projection, 2019E-2024E
13.1. Market Size on the Basis of Credit Disbursed And Auto Loan Outstanding, 2019E-2024E
13.2. Market Segmentation, 2019E-2024E
13.2.1. By Type of Vehicle (Passenger & Commercial), 2019E-2024E
13.2.2. By Institution (Banks and Non-Banking Financial Institution), 2024E
14. Analyst Recommendation
Disclaimer
Contact Us
1.1 Market Size and Overview
1.2. Competitive Analysis
1.3. Future Analysis and Projections
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations
2.3. Market Size and Modeling
2.4. Consolidated Research Approach
2.5. Market Sizing – Vietnam auto finance market
2.6. Variables (Dependent and Independent)
2.7. Multi Factor Based Sensitivity Model
2.8. Regression Matrix
2.9. Limitations
2.10. Final Conclusion
3. Vietnam Auto Finance Market Timeline, Overview& Ecosystem
3.1. Market Timeline, 1957-2018
3.2. Market Overview, 2014-2024
3.3. Vietnam Auto Finance Market Ecosystem, 2018
4. Vietnam Auto Finance Value Chain Analysis
4.1. Vendor Selection Process
4.2. Pain Points for Customer and Credit Institutions
5. Vietnam Auto Finance Market Size, 2012-2018
5.1. By Credit Disbursed, Auto Loan Outstanding & Number Of Automobiles Financed, 2014-2018
Loan Proportions, 2014-2018
5.2. Trends and Development in Vietnam Auto Finance Market, 2018
Growing Consumer Confidence Index
Increase in Vehicle Sales
Import Tax Cut
Promulgation of Decree 116-125/2017/ND-CP
Motorbike Dominance
Foreign Partnership
Domestic Car Manufacturer
5.3. Challenges in Vietnam Auto Finance Market, 2018
Small Scale Production and Competition
Unavailability of Supplies and Substandard Supply Chain
GovernmentRestrictions
Counterfeit Products
6. Vietnam Auto Finance Market Segmentation, 2014-2018
6.1. By Type of Vehicle (Passenger and Commercial), 2014-2018
6.2. By Number of Vehicles Financed Based on Loan Tenure, 2018
6.3. By Type of Institutions (Banks and Non-Bank Financial Institutions), 2018
7. Government Regulations, Major Associations & General Documents for Auto Financing, 2018
7.1. Regulatory Framework for Vietnam Credit Institutions
7.2. Major Associations
Credit Associataion
Vietnam banks Association (VNBA)
7.3. General Requirements and Documentation for New and Used Car Financing in Vietnam
Loan Application Terms
Lending Terms
8. Snapshot on Automotive Space in Vietnam, 2018
9. SWOT Analysis of Vietnam’s Auto Finance Market, 2018
10. Vietnam Auto Finance Market Competitive Scenario, 2018
10.1. Competition Nature, Business Positioning & Competition Parameters, 2018
10.2. Market Share of Major Players in Vietnam Auto Finance Market, 2018
10.3. Strengths And Weaknesses of Major Credit Institutions, 2018
11. Company Profiles for Major Banks in Vietnam, 2018
11.1. Vietnam International Bank (VIB)
11.2. Techcom bank
11.3. Tien Phong Bank
11.4. Sacom Bank Vietnam
11.5. Bank for Investment and Development of Vietnam (BIDV)
11.6. Vietcom Bank
11.7. Vietin Bank
11.8. Shinhan Bank Vietnam
11.9. Saigon Hanoi Bank
12. Company Profiles for Other Non-Banking Institutions in Vietnam, 2018
Consumer Finance Companies
12.1. Toyota Financial Services Vietnam
12.2. HD Saison
Captive Finance Companies
13. Vietnam Auto Finance Market Future Outlook and Projection, 2019E-2024E
13.1. Market Size on the Basis of Credit Disbursed And Auto Loan Outstanding, 2019E-2024E
13.2. Market Segmentation, 2019E-2024E
13.2.1. By Type of Vehicle (Passenger & Commercial), 2019E-2024E
13.2.2. By Institution (Banks and Non-Banking Financial Institution), 2024E
14. Analyst Recommendation
Disclaimer
Contact Us
List of Figure
LIST OF FIGURES
Figure 1-1: Flow Chart Depicting Vietnam Auto Finance Market Size and Market Segmentation in VND Trillion, 2018
Figure 4-1: Vietnam Auto Finance Market Operating Model Including OEMs, Cab Aggregators, Banks, Non-Bank Financial Institutions and Others, 2018
Figure 5-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2014-2018
Figure 5-2: Vietnam Auto Finance Market Credit Disbursed and Auto Loan Outstanding Growth Rates in Percentage (%), 2014-2018
Figure 5-3: Vietnam Auto Finance Market Size on the Basis of New Passenger Vehicle and Light Commercial Vehicle Financed and Growth Rate in Percentage (%), 2014-2018
Figure 5-4: Vietnam Auto Finance Market Loan Proportions for Passenger Vehicles Loans in terms of Credit Disbursed from (i) Total Auto Loan Outstanding and from (ii)
Total Passenger Auto Loan Outstanding in Percentage(%), 2014-2018
Figure 5-5: Vietnam Auto Finance Market Loan Proportions for Commercial Vehicles Loans in terms of Credit Disbursed from (i) Total Auto Loan Outstanding and from (ii)
Total Commercial Auto Loan Outstanding in Percentage(%), 2014-2018
Figure 5-6: Vietnam Auto Finance Market Loan Proportions for Total Credit Disbursed to Total Loan Outstanding in Percentage (%), 2014-2018
Figure 5-7: Vietnam Customer Confidence Index Points, 2012-2018
Figure 5-8: Number of New Passenger Car Sold in Vietnam in Units and Growth Rate in Percentage (%), 2014-2018
Figure 5-9: Number of New Light Commercial Vehicle Sold in Vietnam in Units and Growth Rate in Percentage (%), 2014-2018
Figure 6-1: Vietnam Auto Finance Market Segmentation by Type of Vehicle on the Basis of Credit Disbursed in Percentage (%), 2014-2018
Figure 6-2: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-3: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-4: Vietnam Auto Finance Market Segmentation by Type of Vehicle on the Basis of Auto Loans Outstanding in Percentage (%), 2014-2018
Figure 6-5: Vietnam Auto Finance Market Size on the Basis of Auto Loans Outstanding for Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-6: Vietnam Auto Finance Market Size on the Basis of Auto Loans Outstanding for Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2012-
2018
Figure 6-7: Vietnam Auto Finance Market Segmentation by New Passenger Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and 5 or more Years) ,
in Percentage (%), 2018
Figure 6-8: Vietnam Auto Finance Market Segmentation by Light Commercial Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and 5 or more Years)
, in Percentage (%), 2018
Figure 6-9: Vietnam Auto Finance Market Segmentation by Type of Institutions on the Basis of Auto Loan Credit Disbursement in Percentage (%), 2018
Figure 8-1: Market Share of Major Companies in Vietnam Passenger Car Market on the Basis of Number of Passenger Cars Sold in Percentage (%) as of 2018
Figure 10-1: Vietnam Auto Finance Market Share of Major Entities (Toyota Financial Services-TFS, Vietnam International Bank -VIB , Techcom Bank, Tien Phong Bank -TP
Bank, Sacom Bank, Bank of International Development Vietnam- BIDV, MB bank, Vietnam Prosperity Bank- VP bank, Viet Com Bank, Vietin Bank and Others) in Percentage
Terms Based on the Credit Disbursement, 2018
Figure 12-1: Key Operating Parameters for Captive Finance Companies in Vietnam, 2018
Figure 13-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2019E-2024E
Figure 13-2: Vietnam Auto Finance Market Credit Disbursed and Auto Loan Outstanding Growth Rates in Percentage (%), 2019E-2024E
Figure 13-5: Vietnam Auto Finance Market Future Segmentation by Type of Vehicle on the Basis of Credit Disbursed in Percentage (%), 2019E-2024E
Figure 13-6: Market share of Banks and Non-Banks based on Auto Loan Disbursements, 2019-2024E
Figure 13-7: Vietnam Auto Finance Market Segmentation by Type of Institution on the Basis of Auto loan Disbursement in VND Trillion, 2019E-2024E
Figure 1-1: Flow Chart Depicting Vietnam Auto Finance Market Size and Market Segmentation in VND Trillion, 2018
Figure 4-1: Vietnam Auto Finance Market Operating Model Including OEMs, Cab Aggregators, Banks, Non-Bank Financial Institutions and Others, 2018
Figure 5-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2014-2018
Figure 5-2: Vietnam Auto Finance Market Credit Disbursed and Auto Loan Outstanding Growth Rates in Percentage (%), 2014-2018
Figure 5-3: Vietnam Auto Finance Market Size on the Basis of New Passenger Vehicle and Light Commercial Vehicle Financed and Growth Rate in Percentage (%), 2014-2018
Figure 5-4: Vietnam Auto Finance Market Loan Proportions for Passenger Vehicles Loans in terms of Credit Disbursed from (i) Total Auto Loan Outstanding and from (ii)
Total Passenger Auto Loan Outstanding in Percentage(%), 2014-2018
Figure 5-5: Vietnam Auto Finance Market Loan Proportions for Commercial Vehicles Loans in terms of Credit Disbursed from (i) Total Auto Loan Outstanding and from (ii)
Total Commercial Auto Loan Outstanding in Percentage(%), 2014-2018
Figure 5-6: Vietnam Auto Finance Market Loan Proportions for Total Credit Disbursed to Total Loan Outstanding in Percentage (%), 2014-2018
Figure 5-7: Vietnam Customer Confidence Index Points, 2012-2018
Figure 5-8: Number of New Passenger Car Sold in Vietnam in Units and Growth Rate in Percentage (%), 2014-2018
Figure 5-9: Number of New Light Commercial Vehicle Sold in Vietnam in Units and Growth Rate in Percentage (%), 2014-2018
Figure 6-1: Vietnam Auto Finance Market Segmentation by Type of Vehicle on the Basis of Credit Disbursed in Percentage (%), 2014-2018
Figure 6-2: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-3: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-4: Vietnam Auto Finance Market Segmentation by Type of Vehicle on the Basis of Auto Loans Outstanding in Percentage (%), 2014-2018
Figure 6-5: Vietnam Auto Finance Market Size on the Basis of Auto Loans Outstanding for Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%), 2014-2018
Figure 6-6: Vietnam Auto Finance Market Size on the Basis of Auto Loans Outstanding for Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2012-
2018
Figure 6-7: Vietnam Auto Finance Market Segmentation by New Passenger Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and 5 or more Years) ,
in Percentage (%), 2018
Figure 6-8: Vietnam Auto Finance Market Segmentation by Light Commercial Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and 5 or more Years)
, in Percentage (%), 2018
Figure 6-9: Vietnam Auto Finance Market Segmentation by Type of Institutions on the Basis of Auto Loan Credit Disbursement in Percentage (%), 2018
Figure 8-1: Market Share of Major Companies in Vietnam Passenger Car Market on the Basis of Number of Passenger Cars Sold in Percentage (%) as of 2018
Figure 10-1: Vietnam Auto Finance Market Share of Major Entities (Toyota Financial Services-TFS, Vietnam International Bank -VIB , Techcom Bank, Tien Phong Bank -TP
Bank, Sacom Bank, Bank of International Development Vietnam- BIDV, MB bank, Vietnam Prosperity Bank- VP bank, Viet Com Bank, Vietin Bank and Others) in Percentage
Terms Based on the Credit Disbursement, 2018
Figure 12-1: Key Operating Parameters for Captive Finance Companies in Vietnam, 2018
Figure 13-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2019E-2024E
Figure 13-2: Vietnam Auto Finance Market Credit Disbursed and Auto Loan Outstanding Growth Rates in Percentage (%), 2019E-2024E
Figure 13-5: Vietnam Auto Finance Market Future Segmentation by Type of Vehicle on the Basis of Credit Disbursed in Percentage (%), 2019E-2024E
Figure 13-6: Market share of Banks and Non-Banks based on Auto Loan Disbursements, 2019-2024E
Figure 13-7: Vietnam Auto Finance Market Segmentation by Type of Institution on the Basis of Auto loan Disbursement in VND Trillion, 2019E-2024E
List of Table
Table 2-1: Vietnam Auto Finance Market Definitions Including Auto Loans, Financial Institutions, Non-Bank Financial Institutions, LightCommercial Vehicles and Others.
Table 2-2: Vietnam Auto Finance Market Abbreviations and Their Full Forms as Used in the Report, 2018
Table 2-3: Correlation Matrix of Vietnam Auto Finance Market by Credit Disbursed, 2014-2024E
Table 2-4: Correlation Matrix of Vietnam Auto Finance Market by Auto Loan Outstanding, 2014-2024E
Table 2-5: Regression Coefficients Output for Vietnam Auto Finance Market by Auto Loan Disbursed, 2014-2024E
Table 3-1: Vietnam Auto Finance Market Timeline Including Year of Establishment of Major Entities Banks and Non- Banks, 1957-2018
Table 3-2: Vietnam Auto Finance Market Ecosystem Including Name and Number of Central Bank, State Owned Commercial Banks, Joint Stock Commercial Banks, Joint Stock
Private Banks, Major Foreign Banks, Financial Leasing Companies, Non-Bank Credit Institutions, Automobile Manufactures and Automobile Dealers, 2018
Table 4-1:Vietnam's Auto Finance Market Value Chain Analysis Including Major Entities and Their Key Characteristics Including Role, Major Players, Average Interest
Rate Charged, Collateral Requirement, Business Strategy, Key Target Audience, Payment Method and Challenges Faced, 2018
Table 4-2: Vendor Selection Process in Vietnam’s Auto Finance Market Including Interest Rates, Loan Tenure, Financing Amount, Ease of Loan Application, Payment Methods
and Brand Image, 2018
Table 4-3: Vietnam Motor Vehicle Interest Rate, Maximum Loan Sanctions on Ex-Showroom Price as of 2018 for Various Banks
Table 4-4: Pain Points for Customers, Banks and Non-Banking Financial Institutions, 2018
Table 5-1: Vietnam Auto Finance Market Size Analysis on the Basis of Credit Disbursed, Auto Loan Outstanding, Number of Automobiles Financed, Growth Drivers,
Penetration Rates, Major Associations, Key Business Strategies and Key Selection Parameters, 2012-2018
Table 6-1: Vietnam Auto Finance Market Segmentation by Type of Vehicles Financed on the Basis of Credit Disbursed and Auto Loan Outstanding in VND Trillion, 2014-2018
Table 6-2: Vietnam Auto Finance Market Down Payment and Finance of Various Automotive Including Cars, UV, SUV, Motorcycles, Tri-cycles, Trucks, Buses and Trailers,
2018
Table 6-3: Vietnam Auto Finance Market Segmentation by New Passenger and Light Commercial Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and
5 or more Years) , 2018
Table 6-4: Vietnam Auto Finance Market Segmentation by Type of Institutions on the Basis of Auto Loan Credit Disbursement In VND Trillion, 2018
Table 7-1: Required Documentation for Customers Seeking New & Used Car Financing In Vietnam Auto Finance Market, 2018
Table 8-1: Market Share of Major Car Manufacturers in Vietnam Passenger Car Market on the Basis of Number of Passenger Cars Sold in Number of Units, 2018
Table 8-2: Best Selling Cars in Vietnam Including Price Range and Units Sold, 2017
Table 9-1: Vietnam Auto Finance Market Including Strengths, Weaknesses, Opportunities and Threats, 2018
Table 10-1: Vietnam Auto Finance Market Competition Scenario Including Market Nature, Barriers To Entry, Major Institutions, Number of Institutions, Types of Services
and Major Competing Parameters, 2018
Table 10-2: Strengths and Weaknesses of Major Financial institutions Including Toyota Financial Services, Tien Phong Bank, Vietnam International Bank, Techcom Bank and
Bank for Investment and Development of Vietnam, 2018
Table 11-1: Company Profile of VIB including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-2: VIB Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic Earnings
per Share, Total Loans and NPL to total loans (%), 2012-2017
Table 11-3: Company Profile of Techcom Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-4: Techcom Bank Subsidiaries including Shareholding and Business Field, 2018
Table 11-5: Techcom Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic
Earnings per Share and Total Loans, 2014-2018
Table 11-6: Company Profile of Tien Phong Bank Including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-7: Tien Phong Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity,
Basic Earnings per Share, Total Loans and NPL to Total Loan (%), 2018
Table 11-8:Company Profile of Sacom Bank including Company Overview, Time line of Sacom Bank, Products and Services, Number of Branches and Transaction Offices, Number
of Employees, 2018, Car Financing, Recent Developments and Capital Adequacy Ratio (CAR), 2018
Table 11-9: Company Profile of BIDV including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-10: BIDV Subsidiaries and Joint Ventures including Shareholding and Business Field and Charter Capital, 2018
Table 11-11: BIDV Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic Earnings
per Share, Total Loans and NPL to total loans (%), 2014-2018
Table 11-12: Company Profile of Vietcom Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-13: Vietcom Bank Subsidiaries, Joint Ventures and Associates including Shareholding, Business Field and Profit before Tax, 2017
Table 11-14: Vietcom Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic
Earnings per Share, Total Loans and NPL to Total Loan (%), 2014-2018
Table 11-15: Company Profile of Vietin Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-16: Vietin Bank Subsidiaries including Shareholding, Business Field and Profit before Tax, 2017
Table 11-17: Company Profile of Shinhan Bank Including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-18: Company Profile of Saigon Hanoi Bank (SHB) including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters,
2018
Table 11-19: SHB Subsidiaries including Shareholding, Business Field and Profit before Tax, 2018
Table 11-20: Saigon Hanoi Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Basic Earnings per
Share, Total Loans and NPL to Total Loan (%), 2014-2018
Table 12-1: Company Profile of Toyota Financial Services Including Company Overview, Products and Services, Customer Profile, Number of Employees, 2018 and Unique
Selling Proposition.
Table 12-3: Company Profile of HD Saison including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 12-4: Currently Operational Captive Finance Companies Profile in Vietnam Auto Finance Market Including BMW Financial Services and Toyota Vietnam Finance Company
(TFSVN), 2018
Table 13-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2019E-2024E
Table 13-2: Vietnam Auto Finance Future Market Segmentation by Type of Vehicles on the Basis of Credit Disbursed in VND Trillion, 2019E-2024E
Table 13-3: Vietnam Auto Finance Market Future Projections on the Basis of Credit Disbursed to Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%),
2019E-2024E
Table 13-4: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Light Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2019E-
2024E
Table 13-5: Vietnam Auto Finance Market Segmentation by Type of Institutions On the Basis of Credit Disbursement (VND Trillion), 2024E
Table 14-1: Analyst Recommendation for New Entrants and Existing Players in Vietnam Auto Finance Market
Table 2-2: Vietnam Auto Finance Market Abbreviations and Their Full Forms as Used in the Report, 2018
Table 2-3: Correlation Matrix of Vietnam Auto Finance Market by Credit Disbursed, 2014-2024E
Table 2-4: Correlation Matrix of Vietnam Auto Finance Market by Auto Loan Outstanding, 2014-2024E
Table 2-5: Regression Coefficients Output for Vietnam Auto Finance Market by Auto Loan Disbursed, 2014-2024E
Table 3-1: Vietnam Auto Finance Market Timeline Including Year of Establishment of Major Entities Banks and Non- Banks, 1957-2018
Table 3-2: Vietnam Auto Finance Market Ecosystem Including Name and Number of Central Bank, State Owned Commercial Banks, Joint Stock Commercial Banks, Joint Stock
Private Banks, Major Foreign Banks, Financial Leasing Companies, Non-Bank Credit Institutions, Automobile Manufactures and Automobile Dealers, 2018
Table 4-1:Vietnam's Auto Finance Market Value Chain Analysis Including Major Entities and Their Key Characteristics Including Role, Major Players, Average Interest
Rate Charged, Collateral Requirement, Business Strategy, Key Target Audience, Payment Method and Challenges Faced, 2018
Table 4-2: Vendor Selection Process in Vietnam’s Auto Finance Market Including Interest Rates, Loan Tenure, Financing Amount, Ease of Loan Application, Payment Methods
and Brand Image, 2018
Table 4-3: Vietnam Motor Vehicle Interest Rate, Maximum Loan Sanctions on Ex-Showroom Price as of 2018 for Various Banks
Table 4-4: Pain Points for Customers, Banks and Non-Banking Financial Institutions, 2018
Table 5-1: Vietnam Auto Finance Market Size Analysis on the Basis of Credit Disbursed, Auto Loan Outstanding, Number of Automobiles Financed, Growth Drivers,
Penetration Rates, Major Associations, Key Business Strategies and Key Selection Parameters, 2012-2018
Table 6-1: Vietnam Auto Finance Market Segmentation by Type of Vehicles Financed on the Basis of Credit Disbursed and Auto Loan Outstanding in VND Trillion, 2014-2018
Table 6-2: Vietnam Auto Finance Market Down Payment and Finance of Various Automotive Including Cars, UV, SUV, Motorcycles, Tri-cycles, Trucks, Buses and Trailers,
2018
Table 6-3: Vietnam Auto Finance Market Segmentation by New Passenger and Light Commercial Vehicles Financed based on Loan Tenure (1 Year, 2 Years, 3 Years, 4 Years and
5 or more Years) , 2018
Table 6-4: Vietnam Auto Finance Market Segmentation by Type of Institutions on the Basis of Auto Loan Credit Disbursement In VND Trillion, 2018
Table 7-1: Required Documentation for Customers Seeking New & Used Car Financing In Vietnam Auto Finance Market, 2018
Table 8-1: Market Share of Major Car Manufacturers in Vietnam Passenger Car Market on the Basis of Number of Passenger Cars Sold in Number of Units, 2018
Table 8-2: Best Selling Cars in Vietnam Including Price Range and Units Sold, 2017
Table 9-1: Vietnam Auto Finance Market Including Strengths, Weaknesses, Opportunities and Threats, 2018
Table 10-1: Vietnam Auto Finance Market Competition Scenario Including Market Nature, Barriers To Entry, Major Institutions, Number of Institutions, Types of Services
and Major Competing Parameters, 2018
Table 10-2: Strengths and Weaknesses of Major Financial institutions Including Toyota Financial Services, Tien Phong Bank, Vietnam International Bank, Techcom Bank and
Bank for Investment and Development of Vietnam, 2018
Table 11-1: Company Profile of VIB including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-2: VIB Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic Earnings
per Share, Total Loans and NPL to total loans (%), 2012-2017
Table 11-3: Company Profile of Techcom Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-4: Techcom Bank Subsidiaries including Shareholding and Business Field, 2018
Table 11-5: Techcom Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic
Earnings per Share and Total Loans, 2014-2018
Table 11-6: Company Profile of Tien Phong Bank Including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-7: Tien Phong Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity,
Basic Earnings per Share, Total Loans and NPL to Total Loan (%), 2018
Table 11-8:Company Profile of Sacom Bank including Company Overview, Time line of Sacom Bank, Products and Services, Number of Branches and Transaction Offices, Number
of Employees, 2018, Car Financing, Recent Developments and Capital Adequacy Ratio (CAR), 2018
Table 11-9: Company Profile of BIDV including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-10: BIDV Subsidiaries and Joint Ventures including Shareholding and Business Field and Charter Capital, 2018
Table 11-11: BIDV Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic Earnings
per Share, Total Loans and NPL to total loans (%), 2014-2018
Table 11-12: Company Profile of Vietcom Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-13: Vietcom Bank Subsidiaries, Joint Ventures and Associates including Shareholding, Business Field and Profit before Tax, 2017
Table 11-14: Vietcom Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Return on Equity, Basic
Earnings per Share, Total Loans and NPL to Total Loan (%), 2014-2018
Table 11-15: Company Profile of Vietin Bank including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-16: Vietin Bank Subsidiaries including Shareholding, Business Field and Profit before Tax, 2017
Table 11-17: Company Profile of Shinhan Bank Including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 11-18: Company Profile of Saigon Hanoi Bank (SHB) including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters,
2018
Table 11-19: SHB Subsidiaries including Shareholding, Business Field and Profit before Tax, 2018
Table 11-20: Saigon Hanoi Bank Financials Including Net Interest Income, Total Operating Income, Income Before Tax, Income After Tax, Total Equity, Basic Earnings per
Share, Total Loans and NPL to Total Loan (%), 2014-2018
Table 12-1: Company Profile of Toyota Financial Services Including Company Overview, Products and Services, Customer Profile, Number of Employees, 2018 and Unique
Selling Proposition.
Table 12-3: Company Profile of HD Saison including Company Overview, Products and Services, Number of Employees, Credit Rating and Other Parameters, 2018
Table 12-4: Currently Operational Captive Finance Companies Profile in Vietnam Auto Finance Market Including BMW Financial Services and Toyota Vietnam Finance Company
(TFSVN), 2018
Table 13-1: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed and Auto Loans Outstanding in VND Trillion, 2019E-2024E
Table 13-2: Vietnam Auto Finance Future Market Segmentation by Type of Vehicles on the Basis of Credit Disbursed in VND Trillion, 2019E-2024E
Table 13-3: Vietnam Auto Finance Market Future Projections on the Basis of Credit Disbursed to Passenger Vehicles in VND Trillion and Growth Rate in Percentage (%),
2019E-2024E
Table 13-4: Vietnam Auto Finance Market Size on the Basis of Credit Disbursed to Light Commercial Vehicles in VND Trillion and Growth Rate in Percentage (%), 2019E-
2024E
Table 13-5: Vietnam Auto Finance Market Segmentation by Type of Institutions On the Basis of Credit Disbursement (VND Trillion), 2024E
Table 14-1: Analyst Recommendation for New Entrants and Existing Players in Vietnam Auto Finance Market
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