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Vietnam dong likely to narrow slide by end-2024: Vietcombank Securities

Vietnamese currency dong (VND) is likely to appreciate against the U.S. dollar towards the year-end, narrowing its year-to-date depreciation, analysts with Vietcombank Securities say.

Banking - Wed, May 8, 2024 | 4:00 pm

Vietnam currency to strengthen towards year-end: UOB

Vietnamese dong (VND), the local currency, is expected to appreciate against the greenback in H2/2024, with the U.S. Federal Reserve likely to cut interest rates twice this year.

Banking - Fri, May 3, 2024 | 7:58 pm

Vietnam economy sees brighter growth prospects in 2024 amid uneven Q1 recovery: HSBC

Vietnam’s recovery story remains intact but uneven as domestic-oriented services lag behind external-facing sectors, HSBC researchers have said, highlighting better growth prospects for this year.

Economy - Sat, April 6, 2024 | 10:43 am

Vietnam planning ministry opts for 6.5% growth scenario after Q1 acceleration

The Ministry of Planning and Investment, the government's principal economic advisory body, has proposed targeting GDP growth of 6.5% this year, the mandatory upper limit, after the first-quarter pace hit a five-year high.

Economy - Wed, April 3, 2024 | 4:38 pm

Prospects remain bright for Vietnam economy despite geopolitical conflicts: UOB

With performance in the first quarter coming within expectations and a positive start to 2024, prospects for Vietnam this year remain positive despite downside risks stemming from geopolitical tensions, Singapore-based UOB said in a note.

Economy - Tue, April 2, 2024 | 11:21 am

Vietnam dong likely to strengthen toward year end: UOB

The Vietnamese dong or VND is expected to strengthen slightly against the U.S. dollar in the latter half of this year, along with the country's economic recovery and the anticipated weakening of the greenback, according to Singapore-based bank UOB.

A year in review and 2024 forecasts - Mon, March 11, 2024 | 4:53 pm

Rising FDI inflows to further boost Vietnam’s domestic activities: UOB

An increase in both actual and registered foreign direct investment (FDI) inflows in 2023 will further boost Vietnam’s domestic activities in the quarters ahead including construction and employment, said researchers at Singapore-headquartered bank UOB.

A year in review and 2024 forecasts - Mon, January 29, 2024 | 2:46 pm

Vietnam continues to see strong FDI inflows in 2024: HSBC

The strong inflows of foreign direct investment will likely continue in 2024, buttressing Vietnam’s manufacturing sector, said James Cheo, chief investment officer for Southeast Asia and India, Global Private Banking and Wealth, at HSBC.

A year in review and 2024 forecasts - Tue, January 23, 2024 | 2:53 pm

Vietnam economy could grow 6% in 2024 as exports, manufacturing improve: UOB exec

Vietnam could reach GDP growth of 6% in 2024 and over 6% in 2025 as exports and manufacturing continue to improve, but these figures are still comparatively low given that the country's economic expansion was 7-8% before the pandemic, said Suan Teck Kin, executive director at UOB Global Economics & Market Research.

A year in review and 2024 forecasts - Thu, January 18, 2024 | 8:20 am