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United Overseas Bank

Việt Nam among fastest-growing economies in ASEAN region

Việt Nam among fastest-growing economies in ASEAN region

Việt Nam’s contribution to ASEAN’s total GDP has grown significantly over the years, increasing to 12 per cent at present from under 6 per cent in 2000. 
Việt Nams economic growth may slow in H2, but outlook remains positive: UOB report

Việt Nam's economic growth may slow in H2, but outlook remains positive: UOB report

Việt Nam''s economic growth might decelerate in the second half compared to that in the first half, with several supportive factors expected to sustain the overall growth outlook, according to the a report released by the Singaporean-based United Overseas Bank...
UOB projects Việt Nams Q2 GDP growth rate to hit 6 per cent

UOB projects Việt Nam’s Q2 GDP growth rate to hit 6 per cent

Singapore - based United Overseas Bank (UOB) has projected the economic growth rate of Việt Nam at 6 per cent in the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese...
UOB Vietnam, Betrimex promote the sustainable coconut industry

UOB Vietnam, Betrimex promote the sustainable coconut industry

This financing will enable Betrimex to import or purchase raw materials and domestic goods to produce with products organic certifications including Fairtrade certified products.
Vietnamese economy forecast to expand at 5.5 per cent in Q1

Vietnamese economy forecast to expand at 5.5 per cent in Q1

In the first two months, export totaled $58 billion, up 17.6 per cent against the same period last year. Import was up 17.7 per cent to reach $54.4 billion.
UOB: 76% of Vietnamese consumers optimistic about their finances for next year

UOB: 76% of Vietnamese consumers optimistic about their finances for next year

A report of United Overseas Bank (UOB Việt Nam) shows that 76 per cent of Vietnamese people are optimistic about improving their personal finances by the middle of next year, followed by Indonesians (74 per cent) and Thais (68 per cent).
Reducing costs – Vietnamese businesses top priority: UOB study

Reducing costs – Vietnamese businesses’ top priority: UOB study

Reducing cost is top priority for Vietnamese businesses as high inflation has affected 94 per cent of businesses surveyed in 2022, according to a new study by the Singapore-based United Overseas Bank (UOB).
Vietnamese dong one of most stable currencies in Asia: Experts

Vietnamese dong one of most stable currencies in Asia: Experts

The United Overseas Bank (UOB) rated the Viet Nam dong as one of the most stable currencies in Asia, despite significant changes in the Fed''s interest rate hike expectations as well as concerns about a global recession and instability of...
VIB raises 260 million in international syndicated loans

VIB raises $260 million in international syndicated loans

The syndicated loan agreement is expected to enhance access to finance for small and medium-sized enterprises (SMEs), individual business and promote capital financing for quality housing for individual customers in Viet Nam, VIB said in a statement. 
UOB named the Worlds Best Bank for SMEs

UOB named the World’s Best Bank for SMEs

Understanding that SMEs are the backbone of regional economies, UOB acted swiftly at the onset of the COVID-19 pandemic to provide its support. In February 2020, before any government response to the pandemic, UOB announced S$3 billion of relief assistance to...
Viet Nam is Asias bright spot amid trade tensions: UOB report

Viet Nam is Asia’s bright spot amid trade tensions: UOB report

Viet Nam is Asia’s bright spot amid trade tensions, said the latest report on Viet Nam’s economy by the United Overseas Bank Limited (UOB), which forecast the country’s economy will expand 6.7 per cent in 2019.
VN small firms make technology top priority: Singaporean study

VN small firms make technology top priority: Singaporean study

Small- and medium-sized enterprises in Viet Nam have made technology their top investment priority to ensure growth, according to the ASEAN SME Transformation Study.
United Overseas Bank in deal to foster foreign investment

United Overseas Bank in deal to foster foreign investment

United Overseas Bank Vietnam Ltd on Thursday signed a memorandum of understanding with the Viet Nam – Singapore Industrial Park to encourage and facilitate foreign direct investment in Viet Nam.
UOB sets up Vietnam subsidiary

UOB sets up Vietnam subsidiary

United Overseas Bank Limited (UOB) has become the first Singaporean bank to open a foreign-owned subisdiary in Viet Nam.
UOB Viet Nam launch new app

UOB Viet Nam launch new app

United Overseas Bank Vietnam Ltd has come out with a new mobile application that enables people to open personal bank accounts online and cut the time taken to open them from 45 minutes to 10 minutes.