the power of finance in green recovery

The power of finance in green recovery

A green recovery for a sustainable future sounds ideal, the question would be how it can be properly planned and financed. Michele Wee, CEO of Standard Chartered Vietnam, spoke to VIR’s Hong Dung about creating a green and clean recovery through proper mindset change and financial approach.
standard chartered lowers vietnams 2021 growth forecast but maintains 2022 estimate

Standard Chartered lowers Vietnam's 2021 growth forecast but maintains 2022 estimate

Standard Chartered has revised down its GDP growth forecast for Vietnam in 2021 from 4.7 to 2.7 per cent, reflecting the unexpected contraction of 6.2 per cent on-year in the third quarter.
standard chartered and britcham webinar discusses carbon markets and net zero

Standard Chartered and Britcham webinar discusses carbon markets and net zero

Standard Chartered Vietnam and the British Chamber of Commerce in Vietnam (Britcham) on September 28 hosted a sustainability webinar entitled: “Achieving net zero, carbon markets and their role in reducing greenhouse gas emissions, perspectives from Vietnam and Asia”, drawing over 300 senior leaders of businesses and organisations operating in Vietnam.
standard chartered forecasts fourth quarter growth in vietnam at 55 per cent

Standard Chartered forecasts fourth-quarter growth in Vietnam at 5.5 per cent

Standard Chartered expects Vietnam’s GDP growth to recover to 5.5 per cent on-year in the fourth quarter of 2021.
unleashing vietnams clean power potential

Unleashing Vietnam’s clean power potential

Two of Vietnam’s new wind power projects have overcome the obstacles of pressing commencement deadlines, challenging funding conditions, and a pandemic thanks to critical support from their banking partners.
standard chartered lowers vietnams 2021 gdp growth forecast to 47 per cent

Standard Chartered lowers Vietnam’s 2021 GDP growth forecast to 4.7 per cent

The UK-backed lender predicts Vietnam's GPD growth in 2021 to be 4.7 per cent, instead of the previous forecast of 6.5 per cent.
standard chartered vietnam increases charter capital reinforcing local commitment

Standard Chartered Vietnam increases charter capital, reinforcing local commitment

Standard Chartered Vietnam has been approved to increase its charter capital to over VND6.9 trillion ($300 million) from VND4.2 trillion ($182.6 million) by the State Bank of Vietnam in accordance with Document No.1343/QD-NHNN dated August 23, 2021. This follows previous increases made in 2018 with around $49 million and in 2019 with $100 million.
towards growing sustainably in a post pandemic world

Towards growing sustainably in a post-pandemic world

The COVID-19 pandemic with its new perilous variants is taking a toll on the economy both in Vietnam and on the global scale. Michele Wee, CEO of British-backed lender Standard Chartered Vietnam suggests what businesses should do to stay prepared for a post-pandemic world and shares what the bank is focusing on to drive sustainable development.
growth prospects and high hurdles for retail banking

Growth prospects and high hurdles for retail banking

The pandemic is detrimental to most economic sectors, including finance and banking. Harmander Mahal, head of Consumer, Private and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank, talked with VIR’s Hong Dung how the British lender has weathered the storm and offers his outlook.
vietnams economic growth forecast lowered for 2021

Vietnam's economic growth forecast lowered for 2021

Vietnam's GDP growth forecast has been downgraded by Standard Chartered and the Asian Development Bank (ADB) by 0.2 and 0.9 percentage points, respectively.
malaysia favoured expansion destination for asean stanchart

Malaysia favoured expansion destination for ASEAN: StanChart

Malaysia is a favoured expansion destination for ASEAN companies looking for growth opportunities in the 10-nation bloc, according to a survey by Standard Chartered (StanChart).
banks lift women led groups with financing options

Banks lift women-led groups with financing options

Both local and foreign banks are joining forces to promote an inclusive growth and generate more job opportunities by boosting their funding packages to women-led enterprises, hence increasing critical roles of female entrepreneurs in corporate value chains.
vietnam among top regional expansion destinations for asean companies

Vietnam among top regional expansion destinations for ASEAN companies

A survey commissioned by Standard Chartered reveals that ASEAN companies are highly optimistic about intra-regional growth over the next 12 months, and Vietnam is emerging as an attractive investment spot.
vietnam offers best opportunities for european companies

Vietnam offers best opportunities for European companies

About 60 per cent of European companies working in ASEAN say Vietnam offers the best expansion opportunities in the region, according to a survey conducted by Standard Chartered Bank.
carbon dated multinational companies to cut suppliers failing to curb carbon emissions

Carbon Dated: multinational companies to cut suppliers failing to curb carbon emissions

A new study by Standard Chartered reveals that 78 per cent of multinationals will remove suppliers that endanger their carbon transition plan by 2025.