Standard Chartered Bank expects Vietnam to have a robust GDP growth of 6.7% in 2024 (6.2% and 6.9% in the first half and second half of the year, respectively).
Standard Chartered Bank Vietnam on November 8 hosted its inaugural Treasury Leadership Forum in Vietnam, focusing on digital trends in the country and the ASEAN region that have a significant impact on treasury management.
Standard Chartered Bank maintained robust 2024 GDP growth forecast of 6.7% for Vietnam in its latest macro-economic updates about the Southeast Asian nation.
Standard Chartered Vietnam and the State Bank of Vietnam (SBV) have jointly organised a conference themed “Accelerating women in banking for new challenges resolution” in Hanoi.
VOV.VN - Standard Chartered has predicted that Vietnam's GDP growth will reach 5.1% in Q3, up from 4.1% recorded in the previous quarter.
VOV.VN - Prime Minister Pham Minh Chinh requested that ministries, agencies, and localities prioritise removing obstacles to business and production, while chairing a Government meeting on August 5 in Hanoi to review socio-economic performance in July and outline orientations for August and beyond.
Vietnam’s economy started the second half of this year with positive signals which are expected to pave the way for a better recovery in the coming time.
Standard Chartered Bank forecasts Vietnam’s second quarter GDP growth to have slowed to 1.5% year-on-year (from 3.3% in the first quarter), posing downside risks to its 6.5% growth forecast for 2023. However, a rebound is expected in the second half of the year.
The stock market has reportedly shown positive response to recent interest rate cuts.
Standard Chartered Bank has lowered Vietnam’s 2023 GDP growth forecast to 6.5% from the previous 7.2% in its recent macro-economic updates about the country.