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Sustainable infrastructure investment speeds up growth in Vietnam

Sustainable infrastructure investment speeds up growth in Vietnam

Sustainable infrastructure investments are becoming the norm and enabling stable economic and social growth in Vietnam, Nirukt Sapru, CEO, Vietnam and ASEAN & South Asia Cluster Markets at Standard Chartered Bank, said at a recent conference in Ho Chi Minh City.

Standard Chartered expects Vietnam to be ASEAN outperformer

Standard Chartered expects Vietnam to be ASEAN outperformer

Vietnam is expected to remain the fastest-growing economy in the Association of Southeast Asian Nations (ASEAN) in the near term, with 2019 growth projected at 6.9%, Standard Chartered said in its latest macroeconomic research report.

E-payments head for a boom

E-payments head for a boom

E-commerce and e-payments in Vietnam have been growing quickly alongside each other in recent years, with the rapid development of the former said to be the booster for the latter’s continuous expansion in the future.

Vietnam remains an M&A magnet

Vietnam remains an M&A magnet

Despite recent drops in the VN-Index, Vietnam is still seen as a major destination for mergers and acquisitions in Asia.

Fresh impetus for economic growth in 2018

Fresh impetus for economic growth in 2018

VOV.VN - 2017 was a successful year for Vietnam boasting many new economic records with GDP rising to 6.81% in 2017 - the highest figure the country has recorded over the past ten years.

Standard Chartered Bank raises GDP forecast

Standard Chartered Bank raises GDP forecast

Standard Chartered Bank (SCB) on October 6 increased its forecast for Vietnam’s GDP growth rate for the whole year to 6.8 percent, higher than the Government’s set target of 6.7 percent.

International lenders vital to rise up SMEs

International lenders vital to rise up SMEs

Alongside the state’s recent legislative support for the small and medium sized enterprises (SME) sector, the financial acumen of international lenders is proving invaluable in taking the next step.

Singapore fines 1MDB-linked British banks

Singapore fines 1MDB-linked British banks

The Monetary Authority of Singapore (MAS) has imposed penalties on the local units of two UK-based banks – Standard Chartered and Coutts – for breaching anti-money laundering (AML) rules related to Malaysia's 1MDB fund.

Agribank receives Operational Excellence Award

Agribank receives Operational Excellence Award

Vietnam’s Agribank has received the 2015 Operational Excellence Award from Wells Fargo, the third-largest wholesale bank in the US, for improving its payment services.

Android Pay arrives in Singapore

Android Pay arrives in Singapore

Google’s mobile payment system, Android Pay was launched in Singapore on June 28, making the country the first in Asia to have the system.

Dong insulated from Brexit fallout

Dong insulated from Brexit fallout

Vietnam’s economy as well as its currency is unlikely to be adversely affected by the UK’s decision to opt out of the European Union.

Exchange rate to be stable in 2016

Exchange rate to be stable in 2016

The exchange rate in 2016 will not have big changes in order to ensure macro-economic stability and support economic growth in accordance with the Government’s orientations, according to Bui Quoc Dung, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department.

Vietnam grows more attractive to foreign investment

Vietnam grows more attractive to foreign investment

(VOV) - China has lost its competitive edge as a low-cost manufacturing hub with producers of everything from handbags to clothing to basic electronic components relocating to Vietnam economists at Savills said recently in a research report.

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.