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Financial Services Report Vietnam

  • ID: 2139133
  • Report
  • Region: Vietnam
  • 23 Pages
  • The Economist Intelligence Unit
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Demand for financial services (mainly consisting of banking services) will continue to expand in Vietnam, reflecting rising incomes and increasing competition in the sector. The Economist Intelligence Unit expects that government action taken since 2013 to restore economic stability will have a positive impact on the financial sector in the forecast period (2018-22).

In terms of economic output, financial, banking and insurance activities accounted for 5.5% of GDP in 2017, according to Vietnam's General Statistics Office. The sector employed just 400,900 people, or 0.74% of the labour force, at end-2017.

There will be changes on the supply side of the industry as the banking and insurance sectors are gradually opened to greater foreign participation, in line with Vietnam's commitments as a member of the World Trade Organisation. Vietnam will also gradually liberalise overseas participation in its financial sector as the result of integration with other members of the Association of South-East Nations (ASEAN).

Industry List: Asset management, Financial Services, Banking, Financial Services, Financial markets and instruments, Financial Services, Financial regulation, Financial Services, Financial Services, Financial Services, Insurance
Industry Codes (NAIC): 52
Industry Codes (SIC): 60
Note: Product cover images may vary from those shown
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Financial Services Report Vietnam

Overview

Banks

Insurers

Asset managers

Financial markets and instruments

Financial regulation
Overview
Regulatory watchlist

Monetary and currency policy: Monetary policy

Monetary and currency policy: Exchange rates

Vietnam at a glance

Fundamental indicators

Key contacts
Note: Product cover images may vary from those shown
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