Tags: anz

ANZ expert opinion: Sustainable growth in Vietnam

ANZ expert opinion: Sustainable growth in Vietnam

The Vietnamese economy is steadily recovering, but growth remains below the country’s real potential. Keeping a flexible monetary policy will help the economy grow sustainably. Eugenia Fabon Victorino, economist of ANZ in the ASEAN and Pacific, shares her views with VIR.

Banking industry gears up for ASEAN

Banking industry gears up for ASEAN

(VOV) - Vietnam banks have been in a restructuring mode lately as part of their attempt to get the banking system in shape for the Association of Southeast Asian Nations (ASEAN) economic integration at the end of the year, say leading industry analysts.

CCI advances in September: ANZ

CCI advances in September: ANZ

(VOV) - The ANZ-Roy Morgan Vietnam Consumer Confidence index (CCI) rose 1.6pts to 135.3pts in September, and is 0.3pts higher than a year ago.

Consumer confidence falls in Aug

The ANZ-Roy Morgan Vietnam Consumer Confidence Index slid 4.9 points to 133.7 in August over July, caused by weaker sentiment across all components in a monthly survey.

How much value will the dong lose this year?

How much value will the dong lose this year?

Some international institutions have predicted that the dong will depreciate by 5% this year, while economists have urged the government to devalue the currency by more than 10%.

Vietnam devalues for third time this year

Vietnam devalues for third time this year

(VOV) - The State Bank of Vietnam (SBV) raised its USD/VND reference rate by 1% to 21,890/USD on August 19, the third adjustment to-date this year.

UOB seeks to establish a Vietnam subsidiary

UOB seeks to establish a Vietnam subsidiary

The Ministry of Planning and Investment recently urged the prime minister and the State Bank to allow Singapore-based United Overseas Bank to become the seventh wholly foreign-owned bank in Vietnam.

ANZ sees Vietnam trade deficit as ‘good’

ANZ sees Vietnam trade deficit as ‘good’

Vietnam’s trade deficit is inevitable in Vietnam for 2015 and 2016 but the coming deterioration in the country’s trade balance is assessed as ‘good’, said ANZ Bank.

ANZ predicts 6.5% GDP growth for Vietnam in 2015

ANZ predicts 6.5% GDP growth for Vietnam in 2015

ANZ has forecast an annual GDP growth of 6.5 % for Vietnam in 2015 and 2016, with the bank's economic experts saying the actual result may be even better when taking into account the notable achievements of the first quarter.

ANZ: Vietnamese economy is recovering

ANZ: Vietnamese economy is recovering

Vietnam’s economy has bottomed out and is now showing signs of recovery with stable foreign direct investment (FDI) capital and increased trade surpluses, said ANZ Chief Economist for South Asia, the ASEAN & Pacific Glenn Maguire.

ANZ: Consumer confidence grows in Feb

ANZ: Consumer confidence grows in Feb

ANZ Bank predicted that the Year of the Goat could well be an auspicious year for household consumption in Vietnam after consumer confidence has grown this month.