Vietnam Foreign Exchange Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Vietnam Foreign 
Exchange Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " V i e t n a m  F o r e i g n  E x c h a n g e  
M a r k e t :  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 4 -
2 0 3 2 , "  t h e  V i e tn a m  fo r e i g n  e x c h a n g e  m a r k e t  s i z e  i s  p r o j e c t e d  t o  e x h i b i t  a  g r o w th  r a t e  
( C A G R )  o f  1 0 .0 1 %  d u r i n g  2 0 2 4 - 2 0 3 2 .
T h e  i n c r e a s i n g  f o c u s  o n  t h e  e c o n o m i c  i n d i c a t o r s ,  i n c l u d i n g  g r o s s  d o m e s t i c  p r o d u c t  ( G D P )  
Report g r o w t h  r a te s ,  i n f l a t i o n  r a t e s ,  t r a d e  b a l a n c e s ,  a n d  i n t e r e s t  r a t e s ,  t h a t  i n d i c a t e  t h e  
c o u n t r y ' s  e c o n o m i c  d e v e l o p m e n t  i s  o n e  o f  t h e  m a j o r  f a c t o r s  b o o s t i n g  t h e  m a r k e t  g r o w t h .  
I n  l i n e  w i t h  t h i s ,  t h e  c o n s i s t e n t  G D P  g r o w t h  o f  V i e t n a m ,  m a k i n g  i t  a n  a t t r a c t i v e  d e s t i n a t i o n  
Highlight and f o r  f o r e i g n  i n v e s to r s ,  t h e r e b y  l e a d i n g  t o  a  s t r o n g e r  c u r r e n c y ,  i s  f u e l i n g  t h e  m a r k e t  g r o w th .  
M o r e o v e r ,  t h e  w e l l - ma n a g e d  i n f l a t i o n  r a t e s  t h r o u g h  p r u d e n t  m o n e ta r y  p o l i c i e s  t h a t  e n s u r e  
t h a t  i n f l a t i o n  r e m a i n s  w i t h i n  t a r g e t  l e v e l s ,  c o n t r i b u t i n g  t o  e c o n o m i c  s t a b i l i t y  a n d  
Description a t t r a c t i v e n e s s  t o  f o r e i g n  i n v e s to r s ,  a r e  e n h a n c i n g  t h e  m a r k e t  g r o w t h .  B e s i d e s  t h i s ,  t h e  
i n c r e a s i n g  s t r a te g i c  f o c u s  o n  e x p o r t i n g  g o o d s ,  s u c h  a s  e l e c t r o n i c s ,  t e x t i l e s ,  a n d  
a g r i c u l t u r a l  p r o d u c t s ,  r e s u l t i n g  i n  s u s t a i n e d  t r a d e  s u r p l u s e s  i s  s u p p o r t i n g  t h e  m a r k e t  
g r o w t h .
R e q u e s t  f o r  a  P D F  s a m p le  o f  t h is  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m /v i e t n a m - f o r e i g n - e x c h a n g e - m a r k e t / r e q u e s t s a m p l e
Report Description
Vietnam Foreign Exchange Market  Trends:
The r is ing ab i l i ty  to  ad jus t  monetary  po l icy in  response to  g lobal  economic  condi t ions,  boost ing s tab i l i ty  
and at t rac t iveness whi le  encouraging investment ,  is  a  major  fac tor  c reat ing a pos i t ive out look for  the 
market  growth.  Moreover ,  rap id  technolog ica l  advancements  and d ig i ta l izat ion to  improve ef f ic iency and 
product iv i ty ,  mak ing i t  an a t t rac t ive dest inat ion for  investments ,  are ant ic ipated to  dr ive the market  growth.  
Bes ides th is ,  the widespread adopt ion of  b lockchain  technolog ies  and the growth of  F inTech in  the 
f inancia l  serv ices indust ry ,  inc lud ing payments ,  remi t tances,  and fundra is ing,  lead ing to  increased capi ta l  
in f lows,  is  s t rengthening the market  growth.  Apar t  f rom th is ,  the growing tour ism and an increase in  
remi t tances f rom Vietnamese work ing abroad that  cont r ibute to  fore ign exchange in f lows are pos i t ive ly  
impact ing the market  growth.
View Report  TOC,  F igures and Tables :  ht tps: / /www.imarcgroup.com/vietnam-foreign-exchange-market
Counterparty Insights:
• Report ing Dealers
• Financial  Inst itut ions
• Non-Financial  Customers
 
Type Insights:
Report • Currency Swap
•
Segmentation Outr ight Forward and FX Swaps
• FX Options
Regional Insights:
• Northern Vietnam
• Central  Vietnam
• Southern Vietnam
How has the Vietnam foreign exchange market 
performed so far and how will it perform in the coming 
years?
What has been the impact of COVID-19 on the Vietnam 
foreign exchange market?
What is the breakup of the Vietnam foreign exchange 
Key market on the basis of counterparty?
Questions What is the breakup of the Vietnam foreign exchange 
market on the basis of type?
Answered in 
What are the various stages in the value chain of the 
Vietnam foreign exchange market?
the Report
What are the key driving factors and challenges in the 
Vietnam foreign exchange?
What is the structure of the Vietnam foreign exchange 
market and who are the key players?
What is the degree of competition in the Vietnam 
foreign exchange market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
Contents 4     V i e t n a m  F o r e i g n  E x c h a n g e  M a r k e t  -  I n t r o d u c t i o n    4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s
    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    V i e t n a m  F o r e i g n  E x c h a n g e  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    V i e t n a m  F o r e i g n  E x c h a n g e  M a r k e t  -  B r e a k u p  b y  C o u n t e r p a r t y
    6 . 1     R e p o r t i n g  D e a l e r s
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     F i n a n c i a l  I n s t i t u t i o n s
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
       
    6 . 3     N o n - F i n a n c i a l  C u s t o m e r s
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    V i e t n a m  F o r e i g n  E x c h a n g e  M a r k e t  -  B r e a k u p  b y  T y p e
    7 . 1     C u r r e n c y  S w a p
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     O u t r i g h t  F o r w a r d  a n d  F X  S w a p s
Table of         7 . 2 . 1  O v e r v i e w        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 3     F X  O p t i o n s
Contents         7 . 3 . 1  O v e r v i e w        7 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 3 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
8    V i e t n a m  F o r e i g n  E x c h a n g e  M a r k e t  –  B r e a k u p  b y  R e g i o n
    8 . 1     N o r t h e r n  V i e t n a m
        8 . 1 . 1  O v e r v i e w
        8 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 1 . 3  M a r k e t  B r e a k u p  b y  C o u n t e r p a r t y
        8 . 1 . 4  M a r k e t  B r e a k u p  b y  T y p e
        8 . 1 . 5  K e y  P l a y e r s
        8 . 1 . 6  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    8 . 2     C e n t r a l  V i e t n a m
        8 . 2 . 1  O v e r v i e w
        8 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        8 . 2 . 3  M a r k e t  B r e a k u p  b y  C o u n t e r p a r t y     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. im a rcg ro u p . co m / v ie t n a m - fo re i g n - exch a n g e - m a r ke t /
t o c
Disclaimer
© 2023  IMARC Al l  R ights  Reserved 
Th is  Pub l i ca t ion  and  a l l  i t ’ s  con ten ts  un less  o therw ise  men t i oned  a re  copy r i gh ted  in  the  name o f  
I n t e rna t i ona l  Marke t  Ana lys i s  Research  and  Consu l t ing  ( IMARC) .  No  pa r t  o f  t h i s  pub l i ca t ion  may  be  
rep roduced ,  repackaged ,  red i s t r i bu ted  o r  res o ld  i n  who le  o r  i n  any  pa r t .  The  pub l i ca t ion  may  a l so  
no t  be  used  i n  any  f o rm o r  by  and means  g raph i c  e lec t ron ic  o r  mechan ic a l ,  i nc lud ing  pho tocopy ing ,  
reco rd ing ,  t ap ing  o r  by  i n fo rmat i on  s to rage  o r  re t r ieva l ,  o r  by  any  o the r  f o rm,  w i t hou t  the  exp ress  
c ons en t  o f  I n t e rna t iona l  Marke t  Ana lys i s  Research  and  Consu l t i ng  ( IMARC) .
Disc la imer :  Al l  con ten ts  and  da ta  o f  t h i s  pub l i c a t i on ,  i nc lud ing  fo recas t s ,  da ta  ana lys i s  and  op in ion  
have  been  based  on  in f o rmat ion  and  sources  be l ieved  to  be  accu ra te  and  re l iab le  a t  t he  t ime  o f  
pub l i sh ing .  In t e rna t i ona l  Ma rke t  Ana l ys is  Research  and  Consu l t ing  makes  no  rep resen ta t ion  o f  
war ran t y  o f  any  k ind  as  to  t he  acc u racy  o r  comp le teness  o f  any  I n fo rmat i on  p rov ided .  IMARC 
accep ts  no  l i ab i l i t y  wha tsoever  f o r  any  los s  o r  damage  resu l t i ng  f rom op in ion ,  e r ro rs  o r  
i naccu rac ies  i f  any  f ound  th is  pub l i ca t ion .
IMARC,  IMARC Group  and  G loba l  Therapy  I ns igh t  Ser i es  a re  reg is t e red  t rademarks  o f  I n te rna t iona l  
Marke t  Ana lys i s  Research  and  Consu l t ing .  A l l  o the r  t rademarks  used  i n  th i s  pub l i ca t i on  a re  
reg i s te red  t rademarks  o f  t he i r  r espec t i ve  compan ies .
Contact Us
Visit us at :
https://www.imarcgroup.com
TELEPHONE: +1-631-791-1145 
E-MAIL: [email protected]