Vietnam Cards Market (2025-2031) Outlook | Forecast, Analysis, Size, Trends, Value, Companies, Growth, Industry, Revenue, Share

Market Forecast By Type (General Purpose, Private Label), By Usage (General Purpose Re-Loadable Card, Government Benefit/Disbursement Card, Payroll Card, Others), By End-User (Retail Establishments, Corporate Institutions, Government, Financial Institutions, Others) And Competitive Landscape
Product Code: ETC259170 Publication Date: Aug 2022 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Cards Market Size Growth Rate


The Vietnam Cards Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 33.90% in 2028, following an initial rate of 9.53%, before easing to 18.62% at the end of the period.

Vietnam Cards Market Growth Rate

Cards Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Cards market in Vietnam is projected to expand at a exponential growth rate of 32.83% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Cards Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Cards Market Synopsis

The Vietnam cards market encompasses a diverse range of cards, including debit cards, credit cards, and prepaid cards used for financial transactions, access control, and identification purposes. Cards offer convenience and security in payment and authentication. The market supports financial institutions, card issuers, and consumers seeking card-based solutions.

Drivers of the Market

The Vietnam cards market has experienced significant growth attributed to the digital payment revolution and the adoption of payment cards, including credit, debit, and prepaid cards. Payment cards offer convenience and security for transactions. Market expansion has been propelled by innovations in contactless and mobile payment technologies, card security features, and loyalty programs, transforming the way consumers make payments and manage their finances.

Challenges of the Market

Challenges in the Vietnam cards market include competition from digital payment solutions and the demand for secure and versatile card payment options. Ensuring card quality, data security, and cost-effectiveness while managing production costs and addressing financial industry standards pose key challenges. Market players must also stay updated on card technology advancements and payment system trends.

COVID-19 Impact on the Market

The COVID-19 pandemic significantly influenced the Vietnam cards market, with a shift towards digital payment methods and contactless transactions. While physical card usage saw a temporary decline during lockdowns, there was a rapid increase in digital payments and online transactions. As a result, the market witnessed a transformation towards digital and mobile banking solutions, impacting the issuance and usage of physical cards.

Key Players in the Market

Major players in the Vietnam cards market include CardMasters Vietnam and SecureCards Co., Ltd. They offer a variety of cards, including ID cards, smart cards, and payment cards, to meet different business and personal needs.

Key Highlights of the Report:

  • Vietnam Cards Market Outlook
  • Market Size of Vietnam Cards Market, 2024
  • Forecast of Vietnam Cards Market, 2031
  • Historical Data and Forecast of Vietnam Cards Revenues & Volume for the Period 2021-2031
  • Vietnam Cards Market Trend Evolution
  • Vietnam Cards Market Drivers and Challenges
  • Vietnam Cards Price Trends
  • Vietnam Cards Porter's Five Forces
  • Vietnam Cards Industry Life Cycle
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By General Purpose for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Private Label for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Usage for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By General Purpose Re-Loadable Card for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Government Benefit/Disbursement Card for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Payroll Card for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By End-User for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Retail Establishments for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Corporate Institutions for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Government for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Financial Institutions for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Cards Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Cards Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Usage
  • Market Opportunity Assessment By End-User
  • Vietnam Cards Top Companies Market Share
  • Vietnam Cards Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Cards Company Profiles
  • Vietnam Cards Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Cards Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Cards Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 Vietnam Cards Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Cards Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Cards Market - Industry Life Cycle

3.4 Vietnam Cards Market - Porter's Five Forces

3.5 Vietnam Cards Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Cards Market Revenues & Volume Share, By Usage, 2021 & 2031F

3.7 Vietnam Cards Market Revenues & Volume Share, By End-User, 2021 & 2031F

4 Vietnam Cards Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of digital payments in Vietnam

4.2.2 Government initiatives to promote electronic payments

4.2.3 Growing e-commerce sector in Vietnam

4.3 Market Restraints

4.3.1 Lack of awareness and trust in card payments

4.3.2 Limited acceptance of cards by merchants, especially in rural areas

4.3.3 Security concerns related to card transactions

5 Vietnam Cards Market Trends

6 Vietnam Cards Market, By Types

6.1 Vietnam Cards Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Cards Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Cards Market Revenues & Volume, By General Purpose, 2021-2031F

6.1.4 Vietnam Cards Market Revenues & Volume, By Private Label, 2021-2031F

6.2 Vietnam Cards Market, By Usage

6.2.1 Overview and Analysis

6.2.2 Vietnam Cards Market Revenues & Volume, By General Purpose Re-Loadable Card, 2021-2031F

6.2.3 Vietnam Cards Market Revenues & Volume, By Government Benefit/Disbursement Card, 2021-2031F

6.2.4 Vietnam Cards Market Revenues & Volume, By Payroll Card, 2021-2031F

6.2.5 Vietnam Cards Market Revenues & Volume, By Others, 2021-2031F

6.3 Vietnam Cards Market, By End-User

6.3.1 Overview and Analysis

6.3.2 Vietnam Cards Market Revenues & Volume, By Retail Establishments, 2021-2031F

6.3.3 Vietnam Cards Market Revenues & Volume, By Corporate Institutions, 2021-2031F

6.3.4 Vietnam Cards Market Revenues & Volume, By Government, 2021-2031F

6.3.5 Vietnam Cards Market Revenues & Volume, By Financial Institutions, 2021-2031F

6.3.6 Vietnam Cards Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Cards Market Import-Export Trade Statistics

7.1 Vietnam Cards Market Export to Major Countries

7.2 Vietnam Cards Market Imports from Major Countries

8 Vietnam Cards Market Key Performance Indicators

8.1 Number of new cardholders in Vietnam

8.2 Growth in the number of card transactions

8.3 Expansion of card acceptance network across different regions in Vietnam

9 Vietnam Cards Market - Opportunity Assessment

9.1 Vietnam Cards Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Cards Market Opportunity Assessment, By Usage, 2021 & 2031F

9.3 Vietnam Cards Market Opportunity Assessment, By End-User, 2021 & 2031F

10 Vietnam Cards Market - Competitive Landscape

10.1 Vietnam Cards Market Revenue Share, By Companies, 2024

10.2 Vietnam Cards Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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