VOV.VN - The United Overseas Bank (UOB) has moved to lower its 2023 economic growth forecast for the nation from 6.6% to 6% due to a low base in the first quarter (Q1) of this year.

Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

The Paris-based Association of Vietnamese Scientists and Experts (AVSE Global) held a round-table discussion on March 18 to review its activities in the recent past and introduce coming projects.

VOV.VN - Leaders of Ho Chi Minh City have called for support from the heads of the country’s overseas representative bodies for local development, during a meeting held on March 17.

More than THB10,000 (US$3,000) was raised by overseas Vietnamese living, working and studying in Thailand’s Udon Thani province for the Vu A Dinh Scholarship Fund and its “For beloved Hoang Sa-Truong Sa” Club at a ceremony in the locality on March 13.

The Ho Chi Minh City Committee for Overseas Vietnamese (OV) Affairs will continue to renovate itself to further enhance its operational efficiency, thus optimising OV’s contributions to the construction and development of the city in the new period, heard a conference held in the city on March 9 to launch the committee’s tasks in 2023.

Overseas Vietnamese in the Czech Republic actively contributed their ideas to the draft Land Law (revised) at a conference held on March 2 in both online and in-person formats.

United Overseas Bank Limited (UOB) on March 1 announced the completion of the acquisition of Citigroup’s consumer banking business in Vietnam, which includes the transfer of approximately 575 Citigroup related staff to UOB Vietnam.

VOV.VN - Vietnam’s overseas investment, including both newly-registered and adjusted capital, reached more than US$115.1 million during the first two months of the year, representing a 2.6-fold rise compared to the same period from last year, according to the Ministry of Planning and Investment.