New Market Study Published: Vietnam Commercial Banking Report Q2 2011

April 19, 2011 - PRLog -- Foreign Banks Poised To Heat Up Competition In 2011  Competition in Vietnam's banking industry looks set to intensify in 2011 as foreign banks prepare to  penetrate a market that has traditionally been dominated by state-owned banks. We believe small-sized  domestic banks will lack economies of scale to compete effectively with foreign banks, resulting in  weaker profit margins and a shrinking market share. However, we remain optimistic that the participation  of foreign banks will result in a transfer of technological and operational know-how, which will help to  speed up the modernisation of Vietnam's banking sector over the coming years.  Vietnam is expected to honour its commitment to the WTO by opening up its banking sector to foreign  competition by end-2010. We believe that competition in the banking industry will intensify, particularly  in domestic retail banking services as foreign banks will be allowed to compete on a level playing field  with domestic banks. As Vietnam's economy embarks on its next phase of growth, liberalisation of the  financial sector with help to pave the way for better financial products and services to meet the needs of  businesses over the coming years.    Getting In Position  With the accession of Vietnam into the WTO in 2007, foreign banks have begun to shift their attention  towards the country's potential for growth. From our perspective, the key factors that underlie the  banking sector's attractiveness include a massive population of 88.4mn, rising incomes and a growing  demand for personal financial services among the high- and medium-income groups. Traditionally,  foreign banks in Vietnam have limited their operations to wholesale services and foreign clients.  However, as Vietnam prepares to open up its banking industry, foreign banks are ramping up efforts to  establish their presence in retail banking services (see chart). To put this in perspective, Citibank and  Standard Chartered Bank officially launched their respective retail banking operations in Hanoi in  October. These moves came shortly after HSBC opened its fifth branch in Vietnam. These developments  highlight the optimism that foreign banks have for the banking sector.

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Report Table of Contents:

Executive Summary
- Table: Levels (VNDbn)
- Table: Levels (US$bn)
- Table: Levels At August 2010
- Table: Annual Growth Rate Projections 2011-2015 (%)
- Table: Ranking Out Of 59 Countries Reviewed In 2011
- Table: Projected Levels (VNDbn)
- Table: Projected Levels (US$bn)
SWOT Analysis
- Vietnam Commercial Banking SWOT
- Vietnam Political SWOT
- Vietnam Economic SWOT
- Vietnam Business Environment SWOT
Business Environment Outlook
- Commercial Banking Business Environment Ratings
- Table: Vietnam's Commercial Banking Business Environment Rating
- Commercial Banking Business Environment Rating Methodology
- Table: Asia Commercial Banking Business Environment Ratings
Global Commercial Banking Outlook
- Regional Outlooks
- Mergers And Acquisitions Outlook For Banks
Asia Banking Sector Outlook
- Table: Banks' Bond Portfolios, 2009
- Tables: Asia Commercial Banking Business Environment Ratings
- Tables: Comparison Of Loan/Deposit, Loan/Asset And Loan/GDP Ratios
- Table: Anticipated Developments In 2011
- Table: Comparison Of Total Assets, Client Loans And Client Deposits, 2009-2010 (US$bn)
- Table: Comparison Of Per Capita Deposits, 2010 (US$)
- Table: Interbank Rates And Bond Yields, 2010-2011
Vietnam Banking Sector Outlook
Economic Outlook
- Table: Vietnam Economic Activity, 2008-2015
Company Profiles
- Vietcombank
- Table: Key Statistics For Vietcombank, 2004-2008 (VNDmn)
- BIDV
- Table: Key Statistics For BIDV, 2004-2006 (VNDmn)
- VietinBank
- Table: Key Statistics For VietinBank, 2005-2008 (VNDmn)
- Agribank
- Table: Balance Sheet (VNDmn, unless stated)
- Table: Balance Sheet (US$mn, unless stated)
- Table: Key Ratios (%)
- MHB Bank
- Table: Key Statistics For MHB Bank, 2006-2008 (VNDmn)
- Habubank
- Table: Key Statistics For Habubank, 2004-2007 (VNDmn)
- Eximbank
- Table: Balance Sheet (VNDmn, unless stated)
- Table: Balance Sheet (US$mn, unless stated)
- Table: Key Ratios (%)
- Sacombank
- Table: Stock Market Indicators
- Table: Balance Sheet (VNDmn, unless stated)
- Table: Balance Sheet (US$mn, unless stated)
- Table: Key Ratios (%)
- Saigonbank
- Table: Stock Market Indicators
- Table: Balance Sheet (VNDmn, unless stated)
- Table: Balance Sheet (US$mn, unless stated)
- Table: Key Ratios (%)
- SeABank
- Table: Balance Sheet (VNDmn, unless stated)
- Table: Balance Sheet (US$mn, unless stated)
- Table: Key Ratios (%)
BMI Banking Sector Methodology
- Commercial Bank Business Environment Rating
- Table: Commercial Banking Business Environment Indicators And Rationale
- Table: Weighting Of Indicators

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.