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Vietnam Financial Market is attracting worldwide attention owing to its large untapped market and immensely growing prosperity. In this scenario, consolidation of small banks into bigger banks, for restructuring and growth, is becoming a growing trend in the country. In addition to that, announcement of the State Bank of Vietnam (SBV) to reduce the number of commercial banks by half by 2015 has brought a wave of mergers & acquisition in the country which is expected to go on in future as well.
 
As per our recent report, “Vietnam Financial Sector Forecast to 2018”, financial market is exhibiting extremely promising growth as both banking as well as insurance sectors are performing well in the country. This growth is attributed to the continuous economical growth, growing government support and rising penetration of foreign players. Considering the above factors, Vietnam banking sector assets are anticipated to expand at a CAGR of nearly 16% during 2014-2018.
 
The report provides a critical analysis and an unbiased view into the state of country’s financial sector, including the current and future market size for various industry segments. Further to provide a complete picture of country’s financial sector infrastructure, the report also studies current payment instruments in the country covering number of existing bank cards, ATMs and POS terminals in Vietnam.
 
Our research also includes analysis of country’s insurance sector with comprehensive knowledge of both life and non-life insurance. The report provides current market and forecast for each of these market segments till 2018. Additionally, the report exhibits the emerging trends and drivers which are boosting the financial market growth in the country.
 
Besides, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the recent activities of these players to build up position in country’s financial market. In a nutshell, the report presents a comprehensive look at the sector’s past, present, and future scenario to help client to formulate appropriate strategies while venturing into the industry.
 
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM693.htm
 
Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm