Amidst escalating global trade tensions, Vietnam’s economy is poised to maintain stable growth in 2025, UOB Vietnam experts said at their recent “global and Vietnam economic outlook 2025” event.
Vietnam is likely to secure an annual growth of 8% in 2025, which could grow to double-digit levels in 2026-2030, according to Suan Teck Kin, executive director of Global Economics and Markets Research at Singapore-based United Overseas Bank (UOB).
Singapore-based United Overseas Bank (UOB) has revised its forecast for Vietnam’s 2025 GDP growth to 7% from its previous projection of 6.6%, following the strong momentum from 2024.
The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, given the strong momentum that carried over from 2024 and pricing in the potential downside from future trade conflicts under the US administration.
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.
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%.
International organisations have maintained their robust growth forecasts for Vietnam this year as the economy has bounced back strongly despite external uncertainties and extensive damage caused by Typhoon Yagi.
The Singapore-based United Overseas Bank (UOB) has downgraded Vietnam’s economic growth rate to 5.9% this year due to the impact of recent Typhoon Yagi, according to the bank’s latest report on the economic situation in the third quarter of the year.
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.
Vietnamese companies have been upbeat about the current business environment, according to the Business Outlook Study 2024 (SMEs & Large Enterprises) conducted by Singapore-based United Overseas Bank (UOB).
Singapore-based United Overseas Bank (UOB) 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.
The Singaporean-based United Overseas Bank (UOB)'s Global Economics & Market Research Unit on July 2 released its report on Vietnamese economic growth in the second quarter of 2024, maintaining its growth forecast at 6.0% for 2024 despite a higher-than-expected result in the second quarter.
Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply chain shifts.
Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the whole 2024 on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply shifts.
The Vietnam dong is expected to fall to 25,600 VND per US dollar in the second quarter of 2024, and then to 24,800 VND in the final quarter of the year and 24,600 VND in the first quarter of next year, according to experts from the United Overseas Bank (UOB).
The Vietnamese economy is forecast to expand at 5.5% in the first quarter of the year as manufacturing and trade regain momentum, according to the United Overseas Bank Limited (UOB).
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%.
