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.
With its growth rate maintained for many consecutive years, despite Covid-19 and the global economic recession, Vietnam is greatly appreciated by international investors for its economic prospects within ASEAN.
Amidst a global downturn in foreign direct investment (FDI), ASEAN has consistently bucked the trend, marking its third consecutive year of growth. This sustained increase underscores ASEAN's position as a key destination for FDI.
UOB Vietnam’s Business Outlook Study 2024 reveals that while many Vietnamese businesses acknowledge the importance of sustainability, not all are implementing sustainable practices.
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.