Keyword: "UOB"

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The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%. (Photo: VNA)

Vietnamese economy predicted to grow 7% in 2025: UOB

The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, given the strong momentum that carried over from 2024 and pricing in the potential downside from future trade conflicts under the US administration.

Chairman of the Vietnamese National Assembly Tran Thanh Man (R) receives Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of United Overseas Bank (UOB). (Photo: VNA)

Top legislator receives United Overseas Bank leader in Singapore

Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man received Wee Ee Cheong, Deputy Chairman and Chief Executive Officer of United Overseas Bank (UOB) – one of the world’s top banks, within the framework of his ongoing official visit to Singapore on December 2.

UOB forecasts Vietnam's economic growth in 2024 to reach 5.9%. (Photo: VietnamPlus)

Vietnam’s economic growth takes hit from Typhoon Yagi: UOB

The Singapore-based United Overseas Bank (UOB) has downgraded Vietnam’s economic growth rate to 5.9% this year due to the impact of recent Typhoon Yagi, according to the bank’s latest report on the economic situation in the third quarter of the year.

UOB keeps Vietnam’s GDP growth at 6%

UOB keeps Vietnam’s GDP growth at 6%

Singapore-based United Overseas Bank has maintained its forecast for Vietnam’s economic growth at 6% for the whole year on the back of the recovery of both domestic and foreign demand as well as production sector in the first half.

The production sector grows for the fifth consecutive quarter, at 10%. (Photo: VNA)

UOB keeps Vietnam’s GDP growth at 6%

Singapore-based United Overseas Bank (UOB) has maintained its forecast for Vietnam’s economic growth at 6% for the whole year on the back of the recovery of both domestic and foreign demand as well as production sector in the first half.

UOB maintains Vietnam’s growth forecast at 6% (Illustrative image. Source: VietnamPlus)

UOB maintains Vietnam’s growth forecast at 6%

The Singaporean-based United Overseas Bank (UOB)'s Global Economics & Market Research Unit on July 2 released its report on Vietnamese economic growth in the second quarter of 2024, maintaining its growth forecast at 6.0% for 2024 despite a higher-than-expected result in the second quarter.

A container depot in Hai Phong Port. (Photo: VNA)

UOB projects Vietnam’s Q2 GDP growth rate to hit 6%

Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply chain shifts.

Exports are making a good recovery. (Photo: VietnamPlus)

UOB forecasts 6% GDP growth for Vietnam in 2024

Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the whole 2024 on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply shifts.

Illustrative photo (Photo: VNA)

Foreign exchange rates to cool down at year end: UOB experts

The Vietnam dong is expected to fall to 25,600 VND per US dollar in the second quarter of 2024, and then to 24,800 VND in the final quarter of the year and 24,600 VND in the first quarter of next year, according to experts from the United Overseas Bank (UOB).

UOB maintains Vietnam's growth forecast for 2024

UOB maintains Vietnam's growth forecast for 2024

Amidst economic recovery, with the likelihood of interest rate cuts diminishing, Singapore-headquartered United Overseas Bank (UOB) believes that the State Bank of Vietnam will maintain its refinance rate at the current 4.50%.
Malaysia’s 2024 economic outlook positive: experts

Malaysia’s 2024 economic outlook positive: experts

Malaysia’s Institute for Democracy and Economic Affairs (IDEAS) on March 6 held a “Malaysia Outlook Conference 2024: Ensuring Stability Delivers” which attracted researchers, scholars, and the media.