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.
vietnams fiscal policy can perform a stronger role

Vietnam’s fiscal policy can perform a stronger role

High interest rates elsewhere have led to consumption and export issues. Suan Teck Kin, head of Research at UOB, shared with VIR’s Nhue Man his prospects on Vietnam’s development and its monetary policies to face to the impact of activity involving China and the United States.
uob cardholders get first dibs on rap gig

UOB cardholders get first dibs on rap gig

UOB cardholders in Vietnam will get exclusive first dibs on pre-sale tickets to the 2023 Rap Viet All-Star Concert on October 7 at the Saigon Exhibition and Convention Center in Ho Chi Minh City.
uob and its growth in vietnam

UOB and its growth in Vietnam

With the largest consumer banking network in ASEAN and as a Singaporean bank with a wholly foreign-owned subsidiary in Vietnam, UOB has played an active role in serving a significant clientele of foreign investors over the past 30 years, while making contributions towards enhancing the investment climate in this emerging market.
full year gdp growth projection of vietnam to 52 per cent uob

Full-year GDP growth projection of Vietnam to 5.2 per cent: UOB

United Overseas Bank (UOB) has just revised its full-year growth projection down to 5.2 per cent in view of the challenges ahead, particularly for the fourth quarter of 2023 with its high base (in value terms) a year earlier.
uob empowers vietnamese smes to harness digital technologies

UOB empowers Vietnamese SMEs to harness digital technologies

UOB FinLab, an innovation accelerator, announced its official launch in Vietnam today, granting small- and- medium- sized enterprises access to digitalisation and sustainability programmes, matching of business solutions providers, mentorship, and valuable resources.
uob vietnam and uobam vietnam launch sustainable investment solutions

UOB Vietnam and UOBAM Vietnam launch sustainable investment solutions

UOB Asset Management Vietnam (UOBAM Vietnam), strategic partner of UOB Vietnam (UOB Vietnam), has launched new investment solutions for customers in the Vietnamese market with an interest in sustainable investing.
uob vietnam forms strategic partnership with vietnam airlines

UOB Vietnam forms strategic partnership with Vietnam Airlines

UOB Vietnam has announced a strategic partnership with Vietnam Airlines, the nation’s national airline and a member of the SkyTeam Alliance.
uob trim gdp growth forecast for vietnam

UOB trim GDP growth forecast for Vietnam

The strong rebound seen in 2022 is unlikely to be sustainable, with overall growth momentum likely to moderate further in 2023. As a result, UOB has lowered Vietnam’s full-year GDP growth forecast for 2023 to 6 per cent from an earlier call of 6.6 per cent.
foreign investors expand consumer finance business in vietnam

Foreign investors expand consumer finance business in Vietnam

Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
citi completes sale of vietnam consumer banking business

Citi completes sale of Vietnam consumer banking business

Citi has announced it has completed the sale of Citi’s Vietnam retail banking and consumer credit card businesses to United Overseas Bank Limited (UOB), which includes the transfer of approximately 575 staff.
potential for 66 per cent gdp growth in 2023

Potential for 6.6 per cent GDP growth in 2023

Overall growth momentum is likely to moderate further this year, as policy tightening from major central banks weighs on external demand. With that, UOB has kept its 2023 GDP growth forecast at 6.6 per cent.
upgrading vietnams gdp forecast for 2022 to 82 per cent

Upgrading Vietnam's GDP forecast for 2022 to 8.2 per cent

Against fluctuations in the global political and economic situation that may affect monetary policies and foreign trade in Vietnam, UOB still raised the full-year GDP growth forecast for Vietnam to 8.2 per cent.
gdp growth surge coupled with rising indicators in all sectors

GDP growth surge coupled with rising indicators in all sectors

The double-digit surge in GDP growth in the three quarters of the year reaffirms the steady recovery of Vietnam's economic development.
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