Vietnam's economic growth might decelerate in the second half compared to that in the first half, with several supportive factors expected to sustain the overall growth outlook, according to the a report released by the Singaporean-based United Overseas Bank (UOB)'s Global Economics & Market Research Unit on July 2.
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.
The UOB Painting of the Year, the longest-running annual art competition in Singapore and one of the most recognised in Southeast Asia, launched its second edition for the artist community in Vietnam on May 7.
A Germany – Vietnam business forum, themed “Collaborative pathways to green growth in Ho Chi Minh City”, took place in Ho Chi Minh City on March 28.
Vietnam's GDP in the first quarter of 2024 will grow by around 5.5% as predicted, according to experts and thinktanks.
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).
VOV.VN - Singapore-based United Overseas Bank (UOB) has decided to inject an additional VND3 billion into its affiliate bank in Vietnam (UOB Vietnam), raising its affiliate’s charter capital to VND8 trillion.
A report of United Overseas Bank (UOB Vietnam) shows that 76% of Vietnamese people are optimistic about improving their personal finances by the middle of next year, followed by Indonesians (74%) and Thais (68%).
There is an increasing preference for digital banking and new payment modes such as mobile banking apps, e-wallets, QR code-based payments, e-commerce payment platforms and mobile wallet debit or credit cards among Vietnamese consumers, the United Overseas Bank (UOB) said in its report “ASEAN Consumer Sentiment Study" (ACSS) which was launched on November 1.
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.