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.
vietnams gdp growth to shoot up to 67 per cent in 2021 and 73 per cent in 2022

Vietnam’s GDP growth to shoot up to 6.7 per cent in 2021 and 7.3 per cent in 2022

Standard Chartered Bank forecasts that Vietnam’s GDP growth will accelerate to 6.7 per cent in 2021 and 7.3 per cent in 2022.
standard chartered bank accelerates sustainability mission through responsible financing

Standard Chartered Bank accelerates sustainability mission through responsible financing

As one of the major international financial institutions in Vietnam, Standard Chartered Bank has thrown its considerable weight behind sustainability-linked initiatives to promote a low carbon future and shape a more resilient, sustainable economy.
vietnam shining bright as appealing investment venue

Vietnam shining bright as appealing investment venue

Despite pandemic implications, Vietnam continues to coax a steady increase in foreign investment inflows. Michele Wee, CEO of UK-backed Standard Chartered Vietnam, delivers a comprehensive picture about the country’s foreign direct investment, focusing on how Vietnam can retain its appeal and how Standard Chartered Vietnam could support the process.
standard chartered launches preferential loan programme for hybrid cars

Standard Chartered launches preferential loan programme for hybrid cars

UK-backed Standard Chartered Bank Vietnam has launched an environmentally-friendly automobile loan programme, offering one of the most preferential interest rates in Vietnam’s car loan segment to clients purchasing hybrid cars.
fresh ceo rush shakes up vietnams banking arena

Fresh CEO rush shakes up Vietnam’s banking arena

With competition in the financial landscape mounting in recent years, a wave of new CEOs in some major foreign-invested banks operating in Vietnam is slated to boost corporate innovation and responsiveness to rapidly-changing business conditions.