Increase in Bank Branch Networks Anticipated to Drive Vietnam Banking Industry: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Vietnam banking industry is an industry that handles credit, cash, and other financial transactions. The industry provides a safe place to store extra cash & credit. They offer certificates of deposit, savings accounts, and checking accounts. This industry uses these deposits to make loans. These loans include business loans, home mortgages, and car loans. In Vietnam, there are two tiers in banking sector: the first tier is State Bank of Vietnam (SBV) which is responsible for financial policy and supervision or regulation of the banking system in country. The second tire consists of financial companies, credit co-operatives, commercial banks, people’s credit funds, and insurance companies. According to study, “Vietnam Banking Comprehensive Report Q4/2019” the key companies operating in the Vietnam banking industry are Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), Bank for Investment and Development of Vietnam (BIDV), Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Asia Commercial Bank (ACB), TienPhongBank (TPBank), Vietnam International Commercial Joint Stock Bank (VIB), Vietnam Maritime Joint-Stock Commercial Bank (MSB), The Vietnam Technological and Commercial Joint Stock Bank (Techcombank). The key players are mainly focusing on association with baking institutes to gain the market share. The players are also adopting both organic and inorganic growth strategies to capture the market share and increase their customer base. The banking institutes and multinational companies are acquiring fintech start-ups to develop their own omni-channel digital banking products to attend their clients and reduce the churn rate. Based on type, Vietnam banking industry is segmented into private banking sector and public banking sector. Based on services, market is segmented into savings & checking accounts, mortgages, personal loans, debit & credit cards, and certificates of deposit. Based on solution type, market is segmented into software solutions and hardware solutions. Automatic Teller Machines (ATMs) encompass hardware solutions for retail banking. Whereas, card processing, cheque electronic commerce solutions, and payment processing are few of the standard software solutions offered by retail banks. Based on service line, market is segmented into domestic banking and international banking. Based on channel, market is segmented into in-person banking, telephone, online, mobile, and video banking. In addition, based on banking sector, market is segmented into commercial banking, retail banking, investment banking, central banks and others. The Vietnam banking industry is driven by growth in digital payment system, followed by rise in disposable income, growth in entrance of the foreign banks, easy availability of loans, growth in demand for retail or corporate loans & government initiatives, rise in demand for streamlining business processes, rapid urbanization and increase in bank branch networks. However, rise in threat of cyber-attacks and lack of regulatory framework may impact the market. Moreover, growth in adoption of various innovative technologies in order to minimize operating costs is a key opportunity for market. In Q4/2019, the total assets of Vietnam banking industry increased by 6.77% and the total equity & charter capital of the whole system increased by 7.44%. Additionally, the liquidity of the banking industry remained relatively stable. In upcoming years, it is predicted that the market will be reached at rapid pace on account of growth in adoption of online & mobile banking platforms and increase in need to provide improved customer experience during the forecast period. For More Information, click on the link below:- Vietnam Banking Market Research Report Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Asia Commercial Banking Market, Bank for Investment and Development of Vietnam Banking Market, Joint Stock Commercial Bank for Foreign Trade of Vietnam Banking Market, Marché bancaire complet du Vietnam, Mercado integral de banca de Vietnam, Mercato globale bancario del Vietnam, Ngành ngân hàng việt nam, Piața globală bancară din Vietnam, The Vietnam Technological and Commercial Joint Stock Banking Market, Thị trường toàn diện ngân hàng Việt Nam, TienPhongBank Banking Market, Vietnam Banking Comprehensive Industry, Vietnam Banking Comprehensive Market, Vietnam Banking Industry, Vietnam Banking Industry Research, Vietnam Banking Industry Research Report, Vietnam Banking Market, Vietnam Banking Market Analysis, Vietnam Banking Market Forecast, Vietnam Banking Market Future Outlook, Vietnam Banking Market Growth, Vietnam Banking Market Key Players, Vietnam Banking Market Research, Vietnam Banking Market Research Report, Vietnam Banking Market Revenue, Vietnam Banking Market Scope, Vietnam Banking Market Share, Vietnam Banking Market Size, Vietnam Banking Market Trends, Vietnam International Commercial Joint Stock Banking Market, Vietnam Joint Stock Commercial Bank for Industry and Trade Banking Market, Vietnam Maritime Joint-Stock Commercial Banking Market, Банковский комплекс во Вьетнаме, فيتنام المصرفية الشاملة السوق, ベトナムの銀行総合市場, 越南银行综合市场