Vietnam Plastic Card Market Poised to Grow Magnificently
Bank cards like debit and credit cards are gaining huge popularity in Vietnam since last few years owing to the constant economic growth, growing per head disposable income, rapidly developing infrastructure, advent of new technologies and increasing consumer awareness. Additionally, increasing penetration of foreign players in domestic market is adding fuel in the ever-growing popularity of plastic cards in the country. On the top of that, growing government support is also helping the market to grow further. On the back of the above factors, the bank cards market in Vietnam is anticipated to grow at a CAGR of around 13.5% during 2012-2015.
