RNCOS, in its recent research report "Vietnam Financial Sector Forecast to 2013", has predicted that the Vietnamese financial market is set to record another milestone. With its continued economic growth and speedy privatization and globalization of the market, the country has gained great strategic importance at the global level. The investors who were avoiding Vietnam few years back are now eager to enter into the country.
While the world was feeling the intense heat of financial crisis, Vietnamese financial sector continued to post positive growth. Both the pillars of financial market: banking and insurance sector have performed reasonably well and are expected to grow at CAGR of over 22% and 18% respectively during 2009-2013.
The report "Vietnam Financial Sector Forecast to 2013" contains comprehensive and coherent study of the Vietnamese financial sector, particularly various products and services offered by the sector. The report evaluates all the factors which are critical to the success of the banking and insurance industry in the country. It exclusively talks about growth of loans, deposits, payment cards, ATMs, POS terminals and profitability of banking sector in the country. Moreover, the report discusses the performance of insurance sector separately, including life as well as non-life segments.
Additionally, the report also identifies the key players and their respective share in the market. It analyzes the key industry trends like mergers and acquisitions, prevalence of bancassurance , untapped microfinance, emerging professional liability insurance, and energy price insurance; export credit insurance, medical insurance, and agriculture insurance. Most importantly, the report figures out the major challenges before the sector, which must be addressed to ensure lucrative growth.
Moreover, the report provides rational forecast on all the important aspects of the sector including bank assets, deposits, loans, and insurance premium and payment cards which will help the global banking players, investors and financial service providers in planning their business strategies.
For more information visit: http://www.rncos.com/Report/IM230.htm |
