Developing Financial Leasing Activities in Vietnam

Financial services have long been an extremely important source of capital for businesses. Along with the expansion in scale and number of businesses, financial services are also increasingly promoted. In the development trend, many types of financial services have been born and confirmed their effectiveness in operation. One of them is financial leasing activities. Activities contribute to providing capital for businesses to invest in machinery and equipment, expand production and business, creating an effective and relatively stable capital channel in business operations. Currently, in the world, financial leasing is one of the busiest and most developed markets. In Vietnam, financial leasing has promoted its role in effective support for business investment capital, especially for small and medium-sized enterprises. However, in the current Vietnamese economy, the development of financial leasing activities has not yet kept up with the needs of businesses. A large number of Vietnamese businesses still cannot access financial leasing entities, or even do not know about these entities in the market. The article studies the theory of financial leasing, popular forms of financial leasing in Vietnam today, the current status of financial leasing activities in Vietnam and from there finds solutions to promote the development of this potential form.