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Standard Chartered revises down Vietnam GDP growth forecast to 6%

Standard Chartered Bank has lowered Vietnam's 2024 GDP growth forecast to 6% from 6.7% in January due to lower-than-expected Q1 growth and global trade headwinds.

Economy - Wed, April 24, 2024 | 3:03 pm

US, StanChart promote clean energy investments in Vietnam

The United States Agency for International Development (USAID) and Standard Chartered Bank Vietnam have signed a memorandum of understanding (MoU) to promote clean energy investments in Vietnam.

Banking - Tue, April 16, 2024 | 8:42 pm

Vietnam’s economy to grow 6.1% in Q1: Standard Chartered

Vietnam’s GDP is expected to expand 6.1% year-on-year in the first quarter of 2024, much higher than a 3.32% growth rate in Q1/2023 but lower than the 6.72% posted in Q4/2023, according to Standard Chartered Bank.

A year in review and 2024 forecasts - Mon, March 25, 2024 | 10:55 am

Standard Chartered, IATA partner to launch IATA Pay in Vietnam

Standard Chartered, in collaboration with the International Air Transport Association (IATA), has launched IATA Pay in Vietnam, bringing payment innovation to the Vietnamese airline industry.

Banking - Tue, March 12, 2024 | 11:09 am

Standard Chartered ‘fervent supporter’ of Vietnam’s net zero ambitions: CEO

Standard Chartered is a fervent supporter and aligned with the Vietnamese government’s ambitions to go net zero by 2050, said Michele Wee, CEO Standard Chartered Vietnam, as the bank celebrates the 120th anniversary of its presence in the country.

Banking - Sat, February 3, 2024 | 10:21 am

Vietnam 2024 GDP seen growing 6.7%: Standard Chartered

Vietnam’s GDP growth is forecast to accelerate to 6.7% in 2024, 6.2% in the first half and 6.9% in the second half, Standard Chartered Bank says in its newly-released global research report.

A year in review and 2024 forecasts - Mon, January 8, 2024 | 2:26 pm

Vietnam GDP growth can reach 5-6.7% in 2024: finance institutions

Foreign organizations have expressed a positive outlook about Vietnam’s GDP growth next year on the basis that the country’s economic growth is likely to surpass 5% this year as forecast by Party General Secretary Nguyen Phu Trong.

A year in review and 2024 forecasts - Fri, December 29, 2023 | 7:00 am

Fitch upgrades ratings of 7 banks in Vietnam, including StanChart, HSBC, ANZ

Fitch Ratings has upgraded the long-term foreign-currency issuer default rating (IDR) of six banks in Vietnam to ‘BB+,’ one to ‘BB,’ and one unchanged at ‘BB-,’ the rating agency announced Wednesday.

Banking - Fri, December 15, 2023 | 9:44 am

Japan financial group MUFG to help VietinBank arrange $1 bln for sustainability initiatives

Mitsubishi UFJ Financial Group (MUFG), among the biggest banking institutions in Japan, will help state-run VietinBank arrange $1 billion in capital for sustainable growth and environmental, social, and corporate governance (ESG) initiatives in Vietnam.

Banking - Mon, December 4, 2023 | 6:07 pm