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.
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.