standard chartered forecasts growth slowdown in q2

Standard Chartered forecasts growth slowdown in Q2

In a recent global research report, Standard Chartered Bank forecasts Vietnam’s second quarter (Q2) GDP growth to have slowed to 1.5 per cent on-year, from 3.3 per cent in Q1. This poses downside risks to its 6.5 per cent growth forecast for 2023. However, a rebound is expected in the second half of 2023.
standard chartered facilitates 25 million financing for tung ho steel

Standard Chartered facilitates $25 million financing for Tung Ho Steel

Standard Chartered Vietnam has provided a $25 million Transition Trade Finance facility to support Tung Ho Steel Vietnam in their environmentally friendly, scrap-based steel production, marking a significant step towards sustainability in the steel industry.
standard chartered vietnam partners with misa to launch digital financing for smes

Standard Chartered Vietnam partners with MISA to launch digital financing for SMEs

Standard Chartered Vietnam announced the launch of its strategic partnership with MISA JSC on April 14, witnessed by the management teams from both companies, clients, and journalists. This first-in-market partnership offers unsecured invoice financing facilities to small- and medium-sized enterprises (SMEs) in Vietnam with a highly competitive interest rate and straight-forward process.
the significance of vietnam for us businesses and why they should take notice

The significance of Vietnam for US businesses and why they should take notice

Vietnam has gone from being a frontier economy in ASEAN to a flourishing, cost-effective, and industrial nation. Firms and investors that are looking for new markets to grow, source, or manufacture their products – especially in Asia – should consider Vietnam’s long-term potential and stay updated on its opportunities.
masan secures 650 million syndicated loan

Masan secures $650 million syndicated loan

On March 10, Masan Group Corporation announced the completion of the roadshow for a $650 million syndicated loan, underwritten by BNP Paribas, Credit Suisse, HSBC, Standard Chartered Bank, and United Overseas Bank.
vietnams economy likely to boom in h2 expert

Vietnam's economy likely to boom in H2: expert

Vietnam’s economy is likely to strongly recover in the second quarter of 2023, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered.
what vietnam could learn from singapore

What Vietnam could learn from Singapore

A close partnership between Singapore and Vietnam will enable them to capitalise on the wealth of opportunities that digitalisation and sustainability offer. Michele Wee, CEO at Standard Chartered Bank Vietnam, talked to VIR’s Nhue Man about spurring prosperity for both nations and fostering greater interconnectivity within ASEAN.
standard chartered supports stronger vietnam singapore economic relations

Standard Chartered supports stronger Vietnam-Singapore economic relations

Standard Chartered Bank was proud to be a supporting partner of the “Vietnam – Singapore Business Forum 2023”, organised by the Embassy of Vietnam in Singapore in collaboration with the Ministry of Planning and Investment of Vietnam, during Prime Minister Pham Minh Chinh’s visit to Singapore.
pressure on to support new economic growth

Pressure on to support new economic growth

As the US Federal Reserve raised its benchmark interest rates by a quarter point to bring down inflation rate despite its recent signs of slowing and giving no real hint of a pause in hikes, the cycle is predicted to continue to run.
vietnam primed for high growth status

Vietnam primed for high growth status

Despite tough global headwinds, Vietnam's economic performance is holding strong. Hong Dung talked with CEO of Standard Chartered Vietnam Michele Wee about the country's future growth prospects.
vietnamese investors changing strategies to combat inflation

Vietnamese investors changing strategies to combat inflation

Around 80 per cent of local investors are more actively managing their wealth and making changes to their investment strategies, according to Standard Chartered’s latest Wealth Expectancy Report.
standard chartered vietnam takes lead in sustainability efforts

Standard Chartered Vietnam takes lead in sustainability efforts

Standard Chartered Vietnam is continuing to lead the way in sustainability and, in turn, drive growth for its customers and the economy at large.
printing a brand new chapter of environmental stewardship in vietnam

Printing a brand new chapter of environmental stewardship in Vietnam

Embedding environmental action into business operations can be financially rewarding, as one company demonstrates by inking its first sustainability-linked trade finance credit facility.
corporates optimistic on asean business opportunities

Corporates optimistic on ASEAN business opportunities

British lender Standard Chartered today launched its “Winning in ASEAN” report, showcasing business sentiment, opportunities, and strategies corporates can undertake to navigate the global shifts and drive growth in the region.
digitalisation best practices from international banks

Digitalisation: Best practices from international banks

Open Banking is a key driver of the digital transformation that the industry is experiencing today. Sylvester Kinuthia, head of Transaction Banking at Standard Chartered Vietnam shares his thoughts.