The Vietnamese government is demonstrating a high determination in promoting public investment, focusing on numerous strategic infrastructure projects that connect economic centres. This will serve as an important launching pad for Vietnam to enter a new era – the era of the nation’s rise, according to HSBC.
Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official visit to Singapore on December 2.
Consumers in Thailand are shifting their spending focus to experiences and investments, according to the latest ASEAN Consumer Sentiment Study (ACSS) by United Overseas Bank (UOB).
Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.
Singapore-based United Overseas Bank (UOB) has revised up its GDP growth forecast for Vietnam by 0.5 percentage point to 6.4% this year from the previous projection of 5.9%.
Vietnam is one of the fastest-growing economies in Southeast Asia with promising potential and favourable macroeconomic factors such as a young population, skilled labour force, and abundant natural resources, according to Deputy Chairman & CEO of Singapore-based United Overseas Bank (UOB) Wee Ee Cheong.
Singapore-based United Overseas Bank has maintained its forecast for Vietnam’s economic growth at 6% for the whole year on the back of the recovery of both domestic and foreign demand as well as production sector in the first half.
Vietnam's economic growth might decelerate in the second half compared to that in the first half, with several supportive factors expected to sustain the overall growth outlook, according to the a report released by the Singaporean-based United Overseas Bank (UOB)'s Global Economics & Market Research Unit on July 2.
The Singaporean police announced on June 27 that more than 110 suspicious bank accounts with over 400,000 USD have been blocked by the United Overseas Bank (UOB) or seized by the police in a joint operation targeting money mules.
The University of Economics HCM City (UEH) has kicked off FinTechNovation Credentials, a collaborative initiative spearheaded by the university and United Overseas Bank (UOB) Vietnam.
Amidst economic recovery, with the likelihood of interest rate cuts diminishing, Singapore-headquartered United Overseas Bank (UOB) believes that the State Bank of Vietnam will maintain its refinance rate at the current 4.50%.
Vietnam’s tourism holds a lot of potential for development, especially in the context of new favourable factors, according to an article published on the website of Lianhe Zaobao newspaper.
Major ASEAN economies should be able to survive volatile market swings in 2023 following similar turmoil last year thanks to the region's strong fundamentals, according to Singapore-based United Overseas Bank (UOB).
Given Vietnam’s strong economic recovery in the third quarter, the Singapore-based United Overseas Bank (UOB) has raised its forecast for the country’s GDP growth this year to 8.2%, from the previous prediction of 7%.
The Singapore-based United Overseas Bank (UOB) has revised up Vietnam’s 2022 GDP growth forecast to 7.0% from 6.5%, assuming no further severe domestic disruptions from COVID-19, and projected growth of around 7.6 – 7.8% in the second half of the year (H2).
The Singapore-based United Overseas Bank (UOB) has maintained its forecast for Vietnam’s GDP growth at 6.5 percent and core inflation rate at 3.7 percent of core inflation rate in 2022, but predicted that inflation may reach 5 percent in 2023 due to multiple risks and challenges.
Amidst escalating US-China trade tensions, Vietnam is expected to become a major Asian destination for foreign investors thanks to its location, policies and human resources, experts have said.
Vietnam is a bright spot in foreign direct investment (FDI) attraction in Southeast Asia, said Sam Cheong Chwee, Executive Director and Head of United Overseas Bank (UOB) Group’s Foreign Direct Investment Advisory Unit at UOB.
