The industry presents vast opportunities. In 2019, Vietnam 's business, banking and insurance industry accounted for 5.32% of the country's overall GDP. It is led by the rise of the digital payment system, an increase in disposable income, rise in international banks' entry, easy availability of loans, and rapid urbanization among others.
Vietnam was also listed second in ASEAN in terms of fintech support, receiving 36% of fintech investment in the region in 2019. Fintech industry is expected to be worth US$9 billion in 2020, guided by the opportunities in the unbanked population and strong smartphone and internet penetration rate.
Market Research Vietnam team offers financial consulting services to customers in a broad variety of fields, including policy, procedures and systems, accounting, retail and corporate finance, investment and risk control, and non-banking. We are specialized in solving dynamic market issues and will help our clients to achieve consistent growth.