Standard Chartered offers insights on strategies post COVID-19

Standard Chartered's webinar aims to give clients the latest information about Vietnam's investment landscape in diverse areas

Speakers at the Ho Chi Minh City-based webinar included Harmander Mahal, head of Consumer, Private and Business Banking, Vietnam and Asia Cluster Markets, Standard Chartered Bank, Paul Fisher, country head, Jones Lang Lassalle Vietnam, and Michael Kokalari, CFA, chief economist, VinaCapital. The presentations focused on giving clients the latest information about the investment landscapes for real estate, stocks, fixed-income, and funds in Vietnam in the context of the post COVID-19 era and the strategies they can devise to capitalise on the opportunities.

“Standard Chartered Global Research forecasts that Vietnam’s economic growth will get back to 6-8 per cent in 2021 and onwards. Given its economic prospects, advantages of social stability and success in managing the COVID-19 pandemic, along with the profitability of the local stock market and real estate market which is growing at a higher pace than that in the ASEAN region, Vietnam continues to offer exciting investment opportunities,” said Harmander Mahal from Standard Chartered Bank.

“Leveraging on our unrivalled strengths of an extensive global network and in-dept knowledge of the local market, we provide clients world-class, customised products and services to help them make the most of the investment opportunities and grow their wealth sustainably,” Harmander noted.

Standard Chartered Vietnam offers an offshore account opening service that enables its overseas clients to open an account and transfer money for investment without the need to visit Vietnam. The document processing work will be facilitated by the bank’s partners based in the client’s home country.

Once the fund is remitted to Vietnam, it will be converted into the local currency at an attractive real-time exchange rate, with the foreign exchange fee being waived. Clients will also receive consultation and support from the bank’s experts and dedicated relationship managers to help them make timely investment decisions.