PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584663
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1584663
Vietnam Supply Chain Finance Market, By Offerings; By Provider; By Application; By End User (Large Enterprises, Small and Medium-sized Enterprises ), Trend Analysis, Competitive Landscape & Forecast, 2019-2030
Vietnam Supply Chain Finance Market Booming at Robust 10.96% CAGR During 2024-30
Vietnam Supply Chain Finance Market is flourishing because of a growing demand for credit from SMEs and the rapid adoption of advanced technologies, such as blockchain.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Vietnam Supply Chain Finance Market to expand at a significant CAGR of 10.96% during the forecast period between 2024 and 2030. Major growth drivers for Vietnam Supply Chain Finance Market include growing complexity of global supply chain and the rising need for financing among small and medium-sized businesses (SMEs). Over the forecast period, Vietnam Supply Chain Finance Market is also projected to grow, due to an increasing number of agreements and joint ventures by industry players to improve financial access and supply chain finance sustainability by aiding services and adopting cutting-edge services like blockchain.
Opportunity: Rising Demand for Supply Chain Finance among SMEs
Small and medium-sized enterprises (SMEs) are major contributors to Vietnam's GDP and economy. However, they face substantial challenges in the face of liquidity and lack of access to short-term loans from traditional institutions. Supply chain finance (SCF) is emerging as an option for SMEs to overcome their financial restraints through these solutions. SCF helps SMEs to maintain liquidity that allows them to expand their operations and meet market demands efficiently. Moreover, these short-term loans also require no collateral as well as offer low interest rates, which boosts their demand and propels Vietnam supply chain finance market growth.
Impact of Escalating Geopolitical Tensions on Vietnam Supply Chain Finance Market
Escalating geopolitical tensions are anticipated to hinder the growth of Vietnam Supply Chain Finance Market. The supply chain industry in Vietnam is mostly reliant on larger economies, such as United States and China. However, as investors are hesitant to establish businesses in areas that are viewed as unstable, geopolitical tensions may hinder foreign direct investment (FDI) in Vietnam. Supply chain finance providers may raise interest rates in response to high risks associated with shipments or deliveries of goods from overseas, especially from sensitive areas like the Middle East. This could raise operating costs and prevent MSMEs from accessing these tools.
Banks Segment Accounts for Largest Share of Vietnam SCF Market
The banks segment holds the largest share of Vietnam Supply Chain Finance Market by provider. Banks are considered the most trusted and accessible provider of supply chain finance as they offer various products, including letters of credit, shipping guarantees, and others. Along with these products, banks provide customization as well in their offerings to meet the needs of their diverse clientele. They also assist organizations to mitigate risks, including financial risks, associated with the supply chain. However, trade finance houses are also projected to register significant growth during the forecast period as they particularly cater to international trade and ensures exporters the paid timely to maintain their cashflow.
Competitive Landscape
Vietnam Supply Chain Finance market is intensely competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Bank for Investment and Development of Vietnam, HSBC, HDBank, VPBank, Veefin, Standard Chartered Bank, and TASConnect.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and Vietnam Supply Chain Finance Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam Supply Chain Finance Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Vietnam Supply Chain Finance Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing Demand from SMEs
- 3.2.1.2. Adoption of Advanced Technologies
- 3.2.2. Restraints
- 3.2.2.1. Poor Access to Supply Chain Financing
- 3.2.2.2. Increasing Concern regarding Security and Privacy
- 3.2.3. Opportunities
- 3.2.3.1. Globalization and Complex Supply Chains
- 3.2.3.2. Rising Product Launches by Major Market Players
- 3.2.4. Challenges
- 3.2.4.1. Limited Availability of Skilled Professionals with Expertise in Supply Chain Finance
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. Vietnam Supply Chain Finance Market: Marketing Strategies
5. Vietnam Supply Chain Finance Market: Pricing Analysis
6. Vietnam Supply Chain Finance Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Offerings
- 6.2.1.1. Export and Import Bills
- 6.2.1.2. Letter of Credit
- 6.2.1.3. Performance Bonds
- 6.2.1.4. Shipping Guarantees
- 6.2.1.5. Others
- 6.2.2. By Provider
- 6.2.2.1. Banks
- 6.2.2.2. Trade Finance House
- 6.2.2.3. Others
- 6.2.3. By Application
- 6.2.3.1. Domestic
- 6.2.3.2. International
- 6.2.4. By End User
- 6.2.4.1. Large Enterprises
- 6.2.4.2. Small and Medium-sized Enterprises
- 6.2.1. By Offerings
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. Vietnam Supply Chain Finance Company Market Share Analysis, 2023
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on Vietnam Supply Chain Finance Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 9.1. Bank for Investment and Development of Vietnam
- 9.2. HSBC
- 9.3. HDBank
- 9.4. VPBank
- 9.5. Veefin
- 9.6. Standard Chartered Bank
- 9.7. TASConnect
- 9.8. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Country
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.
List of Figures
- Figure 1 Vietnam Supply Chain Finance Segmentation
- Figure 2 Vietnam Supply Chain Finance Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 Vietnam Supply Chain Finance Market Size, By Value (USD Million), 2019-2030
- Figure 5 Vietnam Supply Chain Finance Market Share, By Offerings, By Value, 2019-2030
- Figure 6 Vietnam Supply Chain Finance Market Share, By Providers, By Value, 2019-2030
- Figure 7 Vietnam Supply Chain Finance Market Share, By Application, By Value, 2019-2030
- Figure 8 Vietnam Supply Chain Finance Market Share, By End User, By Value, 2019-2030
List of Tables
- Table 1 Vietnam Supply Chain Finance Market Size, By Value (USD Million), 2019-2030
- Table 2 Vietnam Supply Chain Finance Market Size, By Offerings, By Value, 2019-2030
- Table 3 Vietnam Supply Chain Finance Market Size, By Providers, By Value, 2019-2030
- Table 4 Vietnam Supply Chain Finance Market Size, By Application, By Value, 2019-2030
- Table 5 Vietnam Supply Chain Finance Market Size, By End User, By Value, 2019-2030
- Table 6 Bank for Investment and Development of Vietnam Company Overview
- Table 7 Bank for Investment and Development of Vietnam Financial Overview
- Table 8 HSBC Company Overview
- Table 9 HSBC Financial Overview
- Table 10 HDBank Company Overview
- Table 11 HDBank Financial Overview
- Table 12 VPBank Company Overview
- Table 13 VPBank Financial Overview
- Table 14 Veefin Company Overview
- Table 15 Veefin Financial Overview
- Table 16 Standard Chartered Bank Company Overview
- Table 17 Standard Chartered Bank Financial Overview
- Table 18 TASConnect Company Overview
- Table 19 TASConnect Financial Overview
