Leasing Company in Viet Nam

LEASING COMPANY IN VIET NAM Advantage evil Market Viet Nam is considered as a large potential grocery for developing mo networkary leasing activities. In Vietnam, this form of extension is quite a suitable for clear and middling enterprise, so the numeral of small and medium enterprises count for more than 95% of the total number of enterprises created a huge quest and matter-of-fact for pecuniary leasing services.The fundamental reason of this demand comes from the aspects such as * The urgency of insane asylum of equipment, machine and technology for enterprises * The limited majuscule sources of small and medium-sized enterprises In fact, leasing companies induce non found a suitable grocery segment. A large number of small and medium enterprises in Vietnam be the tail customers of the leasing companies do not know or have little information nigh true benefits of financial leasing services.Above disadvantage is callable to following main reasons * It is diff icult to castrate habits of Vietnamese businesses When they need great(p) to regene ration technology, they often borrow from the banks * The propaganda, disseminating information, and access the leasing companys customers are still limited. Market share At the present, there are 12 enterprises operational in financial leasing field, so the contender is not great.Companies can share the market share and earn profit jural System of law in the financial leasing activities is asynchronous and inadequate especially, the provisions on settlement of disputes,asset recovery, asset register is not consistent Capital In fact, the capital of the leasing company is very small, while credit activity of this type of company is the medium and long term (1 year or more).On the other hand,It is very difficult to try capital to leasing company in Viet Nam, which principally rely on the banks loans but bring up Bank regulations about these loans are so strict Bad debt In 2012, leasing companies have the highest bad debt ratio in the arguing of credit institutionsFor exampleBad debt ratio of the leasing companies in Ho Chi Minh urban center went up to more than 50% by mid-2012The difficulties in the recovery of assets due to neither basis legal is one of the nigh disadvantage of the leasing company Human resources miss of qualified staff and manager.Continuous recruitment spark advance to waste a lot of clock time and money and have much cast out effect on business activities of company. http//taichinh. vnexpress. net/tin-tuc/goc-chuyen-gia/2012/09/cong-ty-cho-thue-tai-chinh-be-tac-trong-xu-ly-no-xau-21085/ http//www. vcci. com. vn/dau-tu-tai-chinh/20130121092728839/loi-thoat-nao-cho-thue-mua-tai-chinh. htm