Increasing Number of Credit Cards Boosting Vietnam Plastic Card Market

The total number of credit cards in Vietnam is expected to grow at a CAGR of 27.9% during 2012-2015, says RNCOS in its latest research report.

NOIDA, India (prHWY.com) March 4, 2013 - Vietnam credit card market has been witnessing significant growth over the past few years. The number of credit cards is increasing rapidly on the back of rising consumer awareness and technology advancements. Both domestic and foreign banks have introduced various promotional programs to encourage the usage of credit cards in the country. Moreover, the banks are also providing additional services, such as travel cards and gasoline cards to attract the customers. Therefore, considering all these factors, it is anticipated that the total number of credit cards in Vietnam will grow at a CAGR of 27.9% during 2012-2015.

According to our research report, "Vietnam Plastic Card Market Forecast to 2015", the Vietnam plastic card market is one of the fastest growing card markets in the world. The market is showing impressive growth over the past few years on the back of rising card usage channels. In addition, the growing young population and increasing personal disposable income is further fuelling the plastic card market in the county.

Moreover, our report provides a detailed analysis of the payment card industry including bank cards, store cards and club cards. It also covers leading ATMs card issuers along with the card manufactures. The report provides an in-depth analysis of the card usage channels including ATMs and POS terminals along with the card expenditure by category like clothing and footwear, travel and transport, etc. Further, our report presents the future outlook for the industry along with the macroeconomic factors of the country.

Our report, "Vietnam Plastic Card Market Forecast to 2015", is the outcome of extensive research and objective analysis of the plastic card market in the country. It covers a comprehensive analysis of the key market players including their recent developments and future strategies. In addition, we also covered the detailed analysis of the emerging market trends along with the technological advancements to portray the industry's clear picture to those investors or players who are planning to enter the market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM464.htm

Some of our Related Reports are:

- Oman Banking Sector Analysis (http://www.rncos.com/Report/IM437.htm)
- Kuwait Banking Sector Analysis (http://www.rncos.com/Report/IM436.htm)
- UAE Banking Sector Analysis (http://www.rncos.com/Report/IM435.htm)
- Gold Loan Market in India (http://www.rncos.com/Report/IM423.htm)
- Saudi Arabia Banking Sector Outlook 2015 (http://www.rncos.com/Report/IM417.htm)

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

###

Tag Words: vietnam population

Categories: Finance

Press Release Contact
B-129, Sector 6 Noida - 201301
91-120-4224-700
91-120-4224-707

Link To This Press Release:

URL HTML Code