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.

The People's Committee of the Mekong Delta province of Ben Tre, in collaboration with Standard Chartered Bank, organised a seminar on enhancing competitiveness and promoting sustainable development with ESG (environment, society, and governance) on April 26.

Standard Chartered Bank has announced the launch of a strategic partnership with information technology company MISA JSC to offer unsecured invoice financing to small and medium-sized enterprises at competitive interest rates and straight-through processes.

Standard Chartered Bank has officially partnered with Dear Our Community as the title sponsor to launch the series “Opening the Way - Leading the Path" - the first content series featuring social impact practitioners targeting young audiences in Vietnam.

VOV.VN - The Vietnamese economy is likely to recover strongly in the second quarter of the year, according Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered.

Vietnam will remain an important link in global supply chains and a destination favoured by many businesses, said Tim Leelahaphan, Standard Chartered's economist for Thailand and Vietnam, on February 28.

VOV.VN - Amid global uncertainties, Vietnam has emerged as an important destination for foreign investors, serving as a driving force for economic growth moving forward, according to international news outlets.