UOB trim GDP growth forecast for Vietnam

UOB trim GDP growth forecast for Vietnam

UOB has lowered Vietnam’s full-year GDP growth forecast for 2023 to 6 per cent from an earlier call of 6.6 per cent due to the slow start in Q1.
Foreign investors expand consumer finance business in Vietnam

Foreign investors expand consumer finance business in Vietnam

Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.
Potential for 6.6 per cent GDP growth in 2023

Potential for 6.6 per cent GDP growth in 2023

With overall growth momentum likely to moderate further this year, UOB has kept its 2023 GDP growth forecast at 6.6 per cent.
Upgrading Vietnam's GDP forecast for 2022 to 8.2 per cent

Upgrading Vietnam's GDP forecast for 2022 to 8.2 per cent

Against fluctuations in the global political and economic situation, UOB raised the full-year GDP growth forecast for Vietnam to 8.2 per cent.
GDP growth surge coupled with rising indicators in all sectors

GDP growth surge coupled with rising indicators in all sectors

The double-digit surge in GDP growth in the three quarters of the year reaffirms the steady recovery of Vietnam's economic development.
Vietnam steady but external risks weigh

Vietnam steady but external risks weigh

A new UOB outlook expects continuing growth of Vietnam in the time coming, despite some risks of inflation and further weakness of the VND.
MPI recognises UOB for supporting companies to invest nearly $3.7 billion

MPI recognises UOB for supporting companies to invest nearly $3.7 billion

The award was presented by the Ministry of Planning and Investment to UOB on February 26 in recognition of the bank’s continued efforts.
Citi agrees to sell consumer segment in the region to UOB Group

Citi agrees to sell consumer segment in the region to UOB Group

Citi agrees to sell consumer segment, including its retail banking and credit card businesses, but excluding the bank’s institutional businesses in four countries.
IHS Markit: Vietnamese economy getting back to speed

IHS Markit: Vietnamese economy getting back to speed

After a rocky third quarter due to the fourth wave of COVID-19, business activities have gradually resumed to normalcy since early October in Vietnam.
UOB: Vietnam experiences major setback in Q3 before rebound in Q4

UOB: Vietnam experiences major setback in Q3 before rebound in Q4

Vietnam's GDP growth declined in Q3/2021 due to COVID-19 but increasing vaccination could help Vietnam's headline GDP growth to rebound to 7 per cent in Q4.
UOB reaffirms long-term commitment to Vietnam with fresh capital injection

UOB reaffirms long-term commitment to Vietnam with fresh capital injection

UOB is reaffirming its long-term commitment to Vietnam by increasing its charter capital from VND3 trillion to VND5 trillion ($130.43-217.4 million).
UK enterprises showing interest in electronics and telecommunications in Vietnam

UK enterprises showing interest in electronics and telecommunications in Vietnam

Electronics and telecommunications are expected to be the hottest areas for UK businesses investing in Vietnam, thanks to the UK-Vietnam Free Trade Agreement.
Vietnamese respondents most optimistic in ASEAN despite COVID-19 challenges

Vietnamese respondents most optimistic in ASEAN despite COVID-19 challenges

Thanks to the Vietnam's success in containing COVID-19 and achieving economic recovery, Vietnamese people are said to be the most optimistic in the region. 
Techcombank bags Best Syndicated Loan in Vietnam by Triple A Country Awards 2020

Techcombank bags Best Syndicated Loan in Vietnam by Triple A Country Awards 2020

The $500 million syndicated term loan of Techcombank was awarded the Best Syndicated Loan award in Vietnam in 2020 by The Asset.
UOB secures more than $2 billion of FDI into Vietnam

UOB secures more than $2 billion of FDI into Vietnam

UOB and the Foreign Investment Agency signed an expanded MoU, which will see the bank facilitating an additional pipeline of more than $1.1 billion in FDI.
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