vietnamese businesses express interest in venturing overseas

Vietnamese businesses express interest in venturing overseas

Southeast Asia is the top destination for businesses in Vietnam looking to expand overseas in the next three years, according to the UOB Business Outlook Study 2024 released on July 16.
steady ship anticipated for monetary policy to 2025

Steady ship anticipated for monetary policy to 2025

Despite an uncertain global economic environment, Vietnam’s overall macroeconomic situation is forecast to remain stable in the second half of 2024. Suan Teck Kin, head of research at UOB, shared with VIR’s Thuy Van the outlook of Vietnam’s economy and how the country positions itself to capitalise on opportunities for economic growth and investment.
economic recovery momentum continues into second quarter

Economic recovery momentum continues into second quarter

UOB (United Overseas Bank) expects GDP growth to pick up to 6 per cent in the second quarter of 2024, extending the 5.66 per cent gain seen in the first quarter, and has maintained its growth forecast for Vietnam at 6 per cent for 2024.
vietnamese economy fared well in q1 despite external risks

Vietnamese economy fared well in Q1 despite external risks

The global economy is facing several headwinds, including the slowdown in China and the Eurozone as well as the US Fed's possible delay of interest rate cuts. In this context, ASEAN may be a global safe haven for economic growth. Abel Lim, head of Wealth Management Advisory and Strategy at UOB, discussed with VIR's Thanh Van the outlook of the global economic condition and its impact on Vietnam.
uob usd likely to weaken against the vnd

UOB: USD likely to weaken against the VND

The latest Global FX and Rate Outlook from UOB Global Economics and Markets Research dated May 3 expects the USD to weaken from the third quarter of 2024. This comes after the latest Federal Open Market Committee, held April 30–May 1, and its statement conceding a lack of progress towards the 2 per cent inflation objective since the start of the year.
uob vietnam partners with betrimex on sustainability

UOB Vietnam partners with Betrimex on sustainability

On April 12, United Overseas Bank (Vietnam) Limited (UOB Vietnam) signed a green trade finance facility agreement with Ben Tre Import Export Joint-Stock Corporation (Betrimex) on sustainable coconut production.
development highlights in q1 through experts lenses

Development highlights in Q1 through expert’s lenses

Suan Teck Kin, executive director of global economics and market research at United Overseas Bank (UOB), talked to VIR’s Hong Dung about Vietnam’s development landscape in Q1 and forex prospects for 2024.
investment shift reflects evolving economic arena

Investment shift reflects evolving economic arena

Vietnam’s economy is expected to continue its success this year as it reinforces its position as a magnet for foreign investors. Lim Dyi Chang, head of commercial banking at UOB Vietnam, spoke with VIR’s Vinh Thanh about the 2024 outlook of Vietnam’s economic growth and how the country climbs up the foreign investment ladder.
gdp growth in first quarter to ease to 55 per cent uob

GDP growth in first quarter to ease to 5.5 per cent: UOB

UOB (United Overseas Bank) has maintained its growth forecast for Vietnam at 6 per cent for 2024 and expects GDP growth to ease to 5.5 per cent in the first quarter, due to the Lunar New Year holiday effect.
vietnam is a priority market for greater bay area businesses in asean

Vietnam is a priority market for Greater Bay Area businesses in ASEAN

Vietnam is one of the priority markets for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) to expand sales and outsource production in ASEAN, according to a research report released by the Hong Kong Trade Development Council (HKTDC) and United Overseas Bank (UOB) on January 9.
economy set for further rebound in q4

Economy set for further rebound in Q4

Vietnam’s GDP growth accelerated further to 5.33 per cent on-year in the third quarter (Q3), from 4.14 per cent in Q2. This was due to improvements in trade, manufacturing, and domestic activities, after an underperforming first half of 2023, according to the United Overseas Bank (UOB).
state bank of vietnam to keep policy rates steady in 2024 uob

State Bank of Vietnam to keep policy rates steady in 2024: UOB

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5 per cent to support economic recovery, the United Overseas Bank (UOB) said in a report.
uob releases flagship study on consumer sentiment

UOB releases flagship study on consumer sentiment

On November 1, United Overseas Bank (UOB Vietnam) held a ceremony to bring exposure to its flagship study on consumer sentiment across ASEAN.
uob adjusts 2023 growth forecast for vietnam

UOB adjusts 2023 growth forecast for Vietnam

UOB (United Overseas Bank) has adjusted its full-year growth forecast for Vietnam to 5 per cent from 5.2 per cent previously, with the assumption of further acceleration of real GDP growth in Q4 at 7 per cent on-year.
soft momentum likely for q3 uob

Soft momentum likely for Q3: UOB

United Overseas Bank (UOB) maintains the full-year growth forecasts of 5.2 per cent for 2023 and 6 per cent for 2024, pencilling a projected 5.6 per cent on-year growth in Q3 this year and 7.6 per cent for Q4.
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