The bonsai philosophy-slow, steady, and sustainable-embodies UOB’s long-term commitment to investment in Vietnam, shared Mr. Wee Ee Cheong, Deputy Chairman and CEO of UOB.
The fresh capital injection of VND2 trillion ($80 million) comes as UOB Vietnam also unveils plans for its new headquarters building in Ho Chi Minh City.
Mr. Suan Teck Kin, Head of Research and Executive Director, Global Economics and Markets Research, at UOB, shares his insights on Vietnam’s economic growth prospects in 2025 and how the country can effectively capitalize on its development opportunities in the year ahead with VnEconomy / VET’s Phuong Hoa.
The typhoon's impact is expected to be felt more clearly in the northern regions towards the end of the third quarter and the start of fourth quarter, leading to reduced output and damage to manufacturing, agriculture, and service facilities.
Vietnam is striving to promote the development of a green economy across all sectors, but to advance further on this journey, it is necessary to swiftly complete a comprehensive and clear green taxonomy.
Mr. Frederick Chin, Head of Group Wholesale Banking and Markets at UOB, shares his insights with VET/ VnEconomy into the impressive growth of ASEAN and Vietnam and highlights their increasingly important roles in the global supply chain.
Mr. Heng Koon How, Executive Director, Head of Markets Strategy at UOB, discusses Vietnam’s continued economic recovery and how it will greatly benefit from the regional landscape.
The recovery of both domestic and foreign demand as well as production sector in the first half of 2024 highlighted at the launch of the UOB Business Outlook Study 2024 held in Ho Chi Minh City on July 16.
According to UOB, a number of external risks are posing challenges to Vietnam’s GDP growth prospects, including the Russia - Ukraine conflict leading to inflation risks; global supply chain disruptions; tight monetary policy globally; and lingering Covid-19 risks.