FiinResearch - Part of FiinGroup

29/11/2024

Webinar in December:
Tapping into a New Era: Decoding Risks and Opportunities in Vietnam's Banking & Consumer Finance

In December, FiinGroup is pleased to bring together industry leaders, experts and key stakeholders to provide deeper insights into the trajectory of Vietnam's banking and consumer finance landscape.

🔹Date: Thursday, 12 December 2024
🔹Time: 14:30 – 16:30 (GMT+7) Location: Zoom Meeting

We invite you to engage in in-depth dialogues covering these key themes:
• Post-Pandemic Recovery: Key insights into how the banking sector is evolving
and overcoming challenges.
• Emerging Trends: From green finance to digital transformation, discover what’s
driving growth and sustainability.
• Investment Opportunities: Learn about the latest developments in Vietnam’s
consumer finance market and strategies for success.

See more information here: https://fiingroup.vn/Event/11282948
🔹Kindly register here: http://surl.li/sbbabs

27/11/2024

🚀 FiinGroup Announces Vietnam M&A Report – “M&A 2025: The Road to Recovery and Beyond” 📊

We’re excited to present our latest publication, offering a comprehensive analysis of Vietnam's M&A landscape. As the market begins its recovery, we’re committed to providing valuable insights to help clients, investors, and businesses navigate this evolving environment.

✨ Key Highlights:
🔹 M&A activity in Vietnam experienced a slowdown in 9M2024, influenced by global economic uncertainties, notably due to geopolitical tensions and currency fluctuations. Total deal value decreased to US$3.1 billion, down from US$4.4 billion in the same period of 2023. However, deal volume rose to 198 from 188 highlighting sustained investor interest as investors adapt by pursuing smaller, strategic transactions.
🔹Inbound M&A decreased by nearly 40%, largely due to the absence of transactions from traditional investors like Japan and Korea, impacted by economic challenges and currency fluctuations. Among foreign investors, Thailand, Singapore, and UAE accounted for 71% of inbound deal value in 9M2024, with Thailand and UAE leading at 54% (USD 1.13B).
🔹By sector, Financial Services, Healthcare, and Energy emerge as attractive industries during 9M2024, contributing 57.5% of total M&A deal value, highlighted by the mega deal of $870 million between SCBX and Home Credit.
🔹 Positive Outlook for 2025: The M&A market in Vietnam is poised for a promising recovery, expected to begin its recovery in late 2024 and accelerate its expansion from 2025 onward. This growth is anticipated to concentrate on high-growth sectors such as financial services, ESG-related sectors such as renewable energy, and digital & technology such as data centers, and semiconductors.

At FiinGroup, we proudly contributed to 25% of total M&A transaction values in 2023. Our comprehensive transaction support services, covering both pre- and post-M&A processes, provide actionable insights to mitigate risks and optimize decision-making, positioning us as a trusted partner in Vietnam’s M&A ecosystem.

Download the FULL Report here:https://fiingroup.vn/upload/docs/241119-FG-M&A-Outlook-2025-Report-Final%20report.pdf

🔍 Let’s navigate the opportunities ahead together as Vietnam’s M&A market accelerates through 2025. 🌟

FiinGroup proudly present our latest publication of Vietnam M&A Report – “M&A 2025: The Road to Recovery and Beyond”.

25/11/2024

VIETNAM'S LAST - MILE DELIVERY SECTOR: A RACE FUELED BY SPEED AND TECHNOLOGY
/Vietnamese in the comment section/

Vietnam's last-mile delivery market is experiencing explosive growth, driven by the rapid expansion of the e-commerce sector. Since 2018, parcel deliveries have surged at an astonishing compound annual growth rate (CAGR) of 39% and are projected to exceed a staggering 3 trillion deliveries by 2024.

Anh Nguyen, Manager of Market Research and Consulting at FiinGroup Vietnam, observes: "This surge underscores the escalating demand for efficient logistics services, propelling remarkable growth across the industry. New entrants like SPX Express and Kex Express are rapidly expanding their footprint, with SPX Express leading the pack with an impressive 283% CAGR from 2020 to 2023."

Key Takeaways:
🔹Explosive Growth: Vietnam's last-mile delivery sector is booming, with a 39% CAGR forecast through 2024.
🔹Fierce Competition: New and established players, including SPX Express, Viettel Post, and Lazada Express, drive innovation and competition.
🔹Technology at the Forefront: Companies invest heavily in cutting-edge technologies like AI, automation, and robotics to optimize operations and enhance customer satisfaction.
🔹Effective Communication and Real-Time Tracking are vital for maintaining a competitive edge in this dynamic market.

This revised version aims to be more engaging while preserving the factual accuracy and professional tone of the original text. It incorporates stronger language, a dynamic title, and clear formatting to enhance readability and capture the reader's attention.

See full article: https://vir.com.vn/e-commerce-logistics-carries-on-remarkable-growth-116358.html
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Website: https://fiinresearch.vn/

29/10/2024

Vietnam’s Flexible Multilayer Packaging Market – Key Insights for Your Business Strategy

📊 The Vietnam Flexible Multilayer Packaging Industry is facing new challenges, with sales declining by 6.8% in 2023 due to global economic pressures and shifting consumer demand. However, top-tier companies like Tapack and Huhtamaki have managed to navigate these challenges with strategic pricing tactics, limiting their net sales decline to -1.7%.

Link report:https://fiingroup.vn/upload/docs/FiinGroup-Vietnam-Flexible-Multilayer-Packaging-Sep-2024.pdf

Our new industry report provides an in-depth look at:
🔹The impact of the economic slowdown on the packaging sector.
🔹How leading companies are adjusting pricing strategies and managing costs.
🔹Growth opportunities in the packaged foods and personal care sectors.

⁉Contact us to get access to the full report or explore our tailored research services designed to give your business a competitive edge.

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Don’t hesitate to connect with us:
Website: https://fiinresearch.vn/

During the time of economic slowdown and weak consumer spending, understanding the dynamics of the Vietnam Flexible Multilayer Packaging market is essential for businesses and investors seeking sustained growth. Our latest report, "Vietnam Flexible Multilayer Packaging Industry (October 2024)" deliv...

15/10/2024

🔹Consumer Finance in Vietnam – First-Half 2024 Review.

The first half of 2024 marked the beginning of a new growth cycle for Vietnam’s consumer finance sector, with Banks and FinCos adjusting to shifting market dynamics and regulations. Although macroeconomic conditions have improved, the slow recovery in spending power among low- and middle-income consumers resulted in modest credit expansion and profits, with asset quality concerns still lingering for FinCos.

🔹Staying ahead of consumer lending trends is now more critical than ever as the market moves beyond a prolonged adjustment period. FiinGroup’s latest consumer finance report offers valuable insights into sector developments and individual players, highlighting emerging growth opportunities as FinCos prepares for a resurgence.

This report addresses the following questions:
• How did the consumer finance sector perform regarding credit growth in the first half of 2024 and what is the second half of 2024 and 2025 ahead? Diversifying non-credit income streams, particularly in response to tighter regulations on bancassurance.
• What is the market size of Vietnam's consumer finance sector, specifically among mainstream credit providers (i.e., credit institutions) and consumer finance companies (FinCos)?
• How has the competitive landscape evolved over the past five years, and what can be expected moving forward?
• How has the Transition in FinCos’ product mix in the post-pandemic period, highlighting trends expected from the first half of 2024 onwards?
• What are current consumer sentiments and perceptions regarding consumer finance and FinCos?
• How have the financial performance of major FinCos changed over the past year, and what insights can be drawn from the market?
• What emerging challenges and opportunities exist for incumbents and foreign investors?
• What are the latest key market and development trends to monitor?
• What are the recent regulatory developments and their implications?

For a detailed overview of the report's contents, we would like to provide you with the Demo.

Link Preview: https://fiinresearch.vn/Store/ReportDetails/216975
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Don’t hesitate to connect with us:
Website: https://fiinresearch.vn/

11/10/2024

Coming Soon: Consumer Finance in Vietnam First-Half 2024 Review 🚀

📊 FiinGroup is excited to introduce the latest edition of our comprehensive report on Vietnam's consumer finance market! 📊

For over 10 years, we’ve been your go-to source for the most thorough insights in this dynamic sector.
🔍 Stay ahead with expert insights into emerging market entrants, and industry-shaping trends. This report is your guide for informed decisions in the fast-evolving Vietnamese consumer finance sector.

👉Follow us and stay tuned for the official release on 14th October 2024!
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Don’t heritage to connect with us:
Website: https://fiinresearch.vn/

10/10/2024

🔷Bloomberg Business Tuần 2: Chặng đua sống còn của ví điện tử

Khi nguồn vốn đầu tư không còn dồi dào, các ví điện tử chuyển hướng từ cuộc đua mở rộng sang hành trình tìm kiếm lợi nhuận. Theo bà Trần Kiều Oanh, phụ trách mảng Ngân hàng và Dịch vụ Tài chính, khối Nghiên cứu Thị trường và Tư vấn FiinGroup, sự xuất hiện của các giải pháp thanh toán không tiếp xúc mới, đặc biệt là VietQR, đã tạo ra áp lực lớn cho các ví điện tử.

🔹Trong bối cảnh dòng vốn đầu tư vào các ví điện tử không còn dồi dào, những tay chơi lớn trong ngành phải thay đổi chiến lược từ tăng trưởng sang tìm kiếm lợi nhuận. Các ví phục vụ khách hàng cá nhân như MoMo tiếp tục đốt tiền để duy trì hoạt động, trong khi các ví phục vụ doanh nghiệp như Payoo đã bắt đầu có lợi nhuận nhờ vào nhu cầu thanh toán các dịch vụ thiết yếu.

Các ngân hàng, với nền tảng tài chính vững chắc và khả năng khai thác dữ liệu khách hàng sâu rộng, đang trở thành đối thủ cạnh tranh trực tiếp trong lĩnh vực này. Liệu các ví có thể tiếp tục sinh tồn và phát triển khi thị trường thanh toán số ngày càng bị thu hẹp? Các ví điện tử cần linh hoạt tìm kiếm các dịch vụ tài chính mới và xây dựng chiến lược bền vững để đối phó với thách thức từ các đối thủ truyền thống như ngân hàng.

🔹Đọc thêm tại: https://bloombergbusinessweek.vn/an-pham-thang-9-2024/

Our Research division is established as an independent research house in Vietnam to deliver research assignments covering industry reports, customized market research, commercial due dilligence and market entry advisory services to local and foreign financial institutions and industry players

23/09/2024

🔹Vietnam Water Purifier Market: Local players capture the growing water purifier sector with technological advancement

Vietnam’s water purifier market is on the rise, driven by local players like Sunhouse, KAROFI, and Kangaroo. With technological advancements such as smart water purifiers and eco-friendly solutions, the sector has seen a CAGR of 7.0% from 2019-2023. Rising urbanization, health consciousness, and increasing disposable incomes are fueling demand for clean, safe drinking water.

🔹Discover how local manufacturers are capturing this growing market with innovative products and solutions:https://fiingroup.vn/upload/docs/FiinGroup-Vietnam-Water-Purifier-Sector-Preview-Aug-2024.pdf

Vietnam's water purifier market, a sub-segment of small home appliances, witnessed impressive growth during 2019-23, with a CAGR of 7%. This expansion is primarily driven by increasing health consciousness among consumers and a shortage of clean drinking water.

30/08/2024

📊 Cold Storage: The Key to Vietnam's Logistics Future

🔹 The cold storage market remains one of Vietnam's most promising logistics segments, propelled by the robust growth of import-export activities, food and beverage franchised stores, and modern retail trade.

The total designed cold storage capacity in Vietnam recorded a noticeable increase during the last four years with a compound annual growth rate of 2020-2023 of 13.1 percent.

🔹The robust increase in a new supply of cold storage is driven by aggressive investments/expansions of both local & foreign investors. Local cold storage providers in Vietnam significantly contribute to the sector's growth, holding 70% of the market share in designed capacity. They are continuously expanding their facilities and increasing their capacity to meet the rising demand for cold storage.

End-to-end logistics is anticipated to become a trend in the cold storage market. For instance, HTNS and Transimex are major players offering comprehensive transportation services, including cold, chilled, and dry transportation, as well as inland waterway and cross-border delivery services. Meanwhile, notable providers such as Lineage, AJ Total, and NLVJ offer a wide range of storage services with various and adaptable temperature adjustments.

🔹TO READ THE FULL ARTICLE: https://vir.com.vn/cold-storage-providers-offering-wide-service-range-113199.html

29/08/2024

📊Vietnam Corrugated Box: Corrugated Packaging Sector Set for Recovery Amid E-Commerce Expansion and Improving Export Orders.

🔹Corrugated boxes are a key segment of the packaging industry in Vietnam, and they are expected to witness significant future growth. This growth is primarily driven by rising demand from key end-use sectors such as e-commerce, electronics, textiles and garments, food and beverages, and pharmaceuticals.

With solid growth projections, the corrugated box market in Vietnam is expected to remain a key segment of the packaging industry, offering promising opportunities for investors and businesses alike.

🔹FiinGroup experts are here to help businesses navigate this dynamic market. Contact us today: https://fiingroup.vn/contactus

📈Learn more about Vietnam Corrugated Box Market in the comments section below:https://fiingroup.vn/upload/docs/13-FiinGroup-Vietnam-Corrugated-Box-Sector-Preview-Aug-2024.pdf

Vietnam Corrugated Box: Corrugated Packaging Sector Set for Recovery Amid E -Commerce Expansion and Improving Export Orders.

26/08/2024

VIETNAM MODERN TRADE: Robust Development of Minimart & CVS: Adapting to Surging Shopping Demand Post-pandemic

Busy lives require quick and convenient shopping solutions. CVS has emerged as the fastest-growing segment within modern trade. The number of convenience stores is skyrocketing, meeting the growing demand for convenient shopping.
🔹 The sector recorded a CAGR of 6.7% from 2019 to 2023, regarding modern trade points of sale. This trend is expected to continue as more modern retail stores are established.
The rising urbanization rate, young population structure, and increasing disposable income fuel a growing demand for modern retail channels. This creates a favorable market environment for new modern retail ventures, drawing significant interest from domestic and foreign investors.

🔹 Download our Vietnam Modern Trade Sector Preview to read more: https://fiingroup.vn/upload/docs/14.-FiinGroup-Modern-Trade-Sector-Preview-Aug-2024-(1).pdf

Vietnam's retail market is dominated by general trade, but there's a notable shift towards modern trade channels and e-commerce. Modern trade, which now accounts for 33% of the market, is rapidly expanding due to the growth of minimarts and convenience stores (CVS). This shift is driven by a combina...

12/08/2024

📊 In a recent interview with Deal Street Asia, Ms. Oanh Tran, Manager of Market Research & Consulting at FiinGroup, shared insights on the future of e-wallets in Vietnam's rapidly evolving digital payment landscape.

🚀 Drawing on the example of Grab and Moca, she highlighted the importance of a diversified ecosystem for the sustainable growth of e-wallets. With the rise of VietQR and the expanding functionalities of mobile banking apps, digital wallets must innovate to stay relevant.

🔍 As the competition intensifies, Ms. Oanh emphasized the need for strategic partnerships and the development of additional financial services to maintain a strong customer base in this dynamic market.

To read more: https://www.dealstreetasia.com/stories/e-wallets-in-vietnam-399402 "

Our Research division is established as an independent research house in Vietnam to deliver research assignments covering industry reports, customized market research, commercial due dilligence and market entry advisory services to local and foreign financial institutions and industry players

31/07/2024

🔹Vietnam Cold Chain - What’s next after huge investment in the South?

Vietnam's cold chain logistics market was valued at USD 211.2 million in 2023, with cold storage (68%) and cold transportation (32%) making up the market.

🔹The sector experienced a slowdown in 2023 due to weaker domestic demand and slower import-export activities.

Intense competition exists in the fragmented cold storage market, with foreign investments expected to create an oversupply of over 100,000 pallets in the next two years. The cold storage capacity is projected to grow to 1.7 million pallets by 2028, driven by strong demand from seafood, meat, and retail sectors.

🔹Opportunities for investors are significant, with favorable regulatory support and infrastructure development expected to bolster growth. Aligning with emerging trends will be key to capitalizing on the sector's expansion.

Download our Vietnam Cold Chain Sector Preview to read more:

Cold chain marktet is one of the most promising logistics segments in Vietnam, driven by robust import-export activities, F&B franchised stores, and modern retail trade. The market was estimated at $211.2 million in 2023, with cold storage and transportation making up 68% and 32%, respectively. Desp...

19/07/2024

Vietnam PET Recycling: Booming Opportunities for Investors ♻️🇻🇳

Vietnam's PET recycling market is thriving, driven by strong consumption, supportive regulations, and abundant feedstock.

♻️ Growing demand: PET consumption is surging, fueling the need for recycling solutions.

♻️ Regulatory support: The EPR framework mandates a minimum recycling rate as well as global brands’ commitment, encouraging post-consumer PET recycling.

♻️ Development of PET recycling facilities: With the active participation of local and foreign investors, the total designed capacity of these facilities is expected to increase by fourfold in 2023.

♻️ Untapped resource: Industrial feedstocks incl. trays, textile scrap, etc. have not yet utilized for recycling, despite abundant discharge amount

Download our Vietnam PET Recycling Factsheet to learn more:https://fiingroup.vn/upload/docs/FiinGroup-PET-Recycling-Sector-Preview-Jul-2024-Public-ver.pdf

Partner with us to unlock these opportunities!

We have successfully supported various local and foreign investors to navigate the Vietnamese market and seize the booming opportunities in Plastic Recycling and plastic Packaging in Vietnam.

Vietnam's PET recycling market is poised for rapid growth, driven by strong PET consumption, supportive regulations, and abundant feedstock.

11/07/2024

Vietnam's Gas Market: Powering Growth and Investment 📊

Vietnam's natural gas sector is taking off! Clean-burning dry gas fuels power plants and industries, and the recent addition of LNG imports opens doors for further growth. Here's a quick look:

🔹Thermal power driving the market: Electricity needs are soaring, driving the demand for natural gas.
🔹LNG as a new market trend: With the upcoming LNG terminal projects planned! ️ This creates exciting investment opportunities for investors to capitalize on untapped potential.

Download our Vietnam Natural Gas Factsheet to learn more:https://fiingroup.vn/upload/docs/FiinGroup_Vietnam%20Natural%20Gas%20Sector%20Preview_Jul%202024.pdf

Thanks to an abundant supply and high calorific value, natural gas significantly contributes to Vietnam's electricity production and industrial manufacturing sectors. In which, thermal power is a key growth driver for Vietnam natural gas market accompanied by the increased electricity demand from FD...

08/07/2024

EXCLUSIVE DISCOUNT FOR EXISTING CUSTOMERS 🌟

In celebration of launching the Banking, Consumer Finance & Credit Card industry report in Vietnam, FiinGroup offers a 20% discount on all industry analysis reports at https://fiinresearch.vn/. The program is valid until December 31, 2024, and exclusive to existing customers using FiinPro-X / API Datafeed.

Elevate your business strategy with these outstanding benefits:

📌Stay up-to-date with the latest information: Always stay up-to-date with the latest industry information and trends
📌Support for strategic decisions: Use data and in-depth analysis to develop effective business strategies
📌Save money: Save 20% on all industry analysis reports
Contact us today for a consultation and to receive your discount!

Our Research division is established as an independent research house in Vietnam to deliver research assignments covering industry reports, customized market research, commercial due dilligence and market entry advisory services to local and foreign financial institutions and industry players

25/06/2024

Bao bì nhựa Việt Nam: Tiềm năng của xu hướng bao bì bền vững


Với nhu cầu gia tăng từ ngành thực phẩm và phi thực phẩm, bao bì nhựa vẫn là phân khúc bao bì hấp dẫn nhất tại Việt Nam, thu hút đầu tư từ cả nhà đầu tư trong nước và nước ngoài. Trong đó, phân khúc bao bì mềm chiếm gần 75% tổng quy mô thị trường vào năm 2023.

Xu hướng chính cần theo dõi:

Lĩnh vực tiêu dùng cuối: Nhu cầu sử dụng bao bì nhựa tại Việt Nam chủ yếu đến từ các ngành tiêu biểu như nước uống có ga, thực phẩm đóng hộp và sản phẩm chăm sóc gia đình & cá nhân.

Xu hướng phát triển chính: Ngành bao bì nhựa và nhu cầu bao bì nhựa tại Việt Nam được thúc đẩy bởi các chính sách của Chính phủ và cam kết của các nhãn hàng về phát triển bền vững.

Để đọc toàn bộ bài phân tích, vui lòng quét mã QR bên dưới để biết thêm chi tiết.

Our Research division is established as an independent research house in Vietnam to deliver research assignments covering industry reports, customized market research, commercial due dilligence and market entry advisory services to local and foreign financial institutions and industry players