Topic: UOB

The bank lowering forcast for Vietnam's growth following risks of tariff measures imposed by the US.

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.

The bank emphasizing that Vietnam’s GDP growth goal of at least 8 per cent is feasible.

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 prediction taking into account the strong momentum from 2024.

The country's 2025 outlook expected at 6.6%, according to the bank.

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.

A recent UOB conference heard from leading companies about their journey to sustainable sourcing.

A recent UOB conference looked at the benefits Vietnam provides in offering access to ASEAN and the Asian region at large.