the promotion of esg via banking

The promotion of ESG via banking

Given Vietnam’s economic characteristics, with one of the highest credit-to-GDP ratios globally, credit capital plays a crucial role in guiding and promoting business activities and socioeconomic development.
robust fundamentals underpin growth outlook

Robust fundamentals underpin growth outlook

Vietnam’s real GDP growth accelerated to 7.4 per cent on-year in the third quarter of 2024, from 7.1 per cent in April-June, according to data from the General Statistics Office. This was higher than both EIU and market expectations.
ba ria vung tau reports increase across economic indicators

Ba Ria-Vung Tau reports increase across economic indicators

The southern province of Ba Ria-Vung Tau has shown impressive economic growth, with 13 of 14 key economic indicators rising in the first three quarters of 2024, notably an 11.47 per cent increase in regional GDP.
vietnams economy forecasted to reach 500 billion by 2025

Vietnam's economy forecasted to reach $500 billion by 2025

Vietnam's economy is projected to reach $500 billion in 2025, a 1.45-fold increase from 2020, ranking 33rd globally and fourth in ASEAN.
citi anticipates stronger recovery for vietnam despite typhoon disruption

Citi anticipates stronger recovery for Vietnam despite typhoon disruption

Citi has revised Vietnam’s GDP growth forecast after surprisingly strong third-quarter growth.
vietnams 2024 gdp growth forecast raised to 7 per cent

Vietnam's 2024 GDP growth forecast raised to 7 per cent

According to a report released by HSBC on October 11, Vietnam recorded stronger-than-expected growth in the third quarter of 2024, with GDP rising 7.4 per cent on-year.
vietnams gdp climbs to 74 per cent in third quarter

Vietnam's GDP climbs to 7.4 per cent in third quarter

Vietnam's GDP growth accelerated to 7.4 per cent in the third quarter of 2024, despite the impacts of Typhoon Yagi.
standard chartered predicts slower gdp growth in q3

Standard Chartered predicts slower GDP growth in Q3

Standard Chartered's early October report predicts Vietnam's third-quarter GDP growth has slowed to 5.1 per cent on-year, down from 6.9 per cent in the second quarter, with a seasonally adjusted on-quarter growth of 1 per cent.
vietnams economy on track for 65 per cent growth despite typhoon yagi says hsbc

Vietnam’s economy on track for 6.5 per cent growth despite Typhoon Yagi, says HSBC

Vietnam's economic recovery remains resilient, with HSBC projecting 6.5 per cent GDP growth for 2024, despite the significant damage caused by Typhoon Yagi, which cost the country an estimated $1.6 billion.
vietnams economc outlook remains positive amid uncertainties

Vietnam's economc outlook remains positive amid uncertainties

The Asian Development Bank (ADB) projects a positive economic outlook for Vietnam, forecasting its GDP growth at 6 per cent in 2024 and 6.2 per cent in 2025.
vietnams gdp may slow up to 05 per cent due to typhoon yagi

Vietnam's GDP may slow up to 0.5 per cent due to Typhoon Yagi

The impact of Typhoon Yagi may reduce Vietnam's 2024 GDP growth by between 0.2 per cent to 0.5 per cent, according to a report released by Mitsubishi UFJ Financial Group (MUFG) on September 16.
typhoon yagi estimated to cause 16 billion in damage for vietnam

Typhoon Yagi estimated to cause $1.6 billion in damage for Vietnam

An estimated $1.6 billion in damages has been incurred due to Typhoon Yagi, with a projected 0.15 per cent reduction in Vietnam’s GDP for 2024.
hung yen bags upbeat outcomes in socioeconomic development

Hung Yen bags upbeat outcomes in socioeconomic development

In the first seven months of 2024, the northern province of Hung Yen bagged upbeat results in socioeconomic development, with the regional GDP surging 6.81 per cent on-year.
smes must be afforded finance access

SMEs must be afforded finance access

Smaller enterprises in Vietnam, despite contributing up to 70 per cent to GDP, still face significant challenges in accessing finance.
gdp growth boosting stock market in second half

GDP growth boosting stock market in second half

Anticipated GDP growth for the rest of 2024 is expected to drive the Vietnamese stock market upwards in the coming months.