Việt Nam, Asia's new manufacturing hub

Amidst these uncertainties, Việt Nam has emerged as a prime alternative manufacturing location in Asia.

VN small firms make technology top priority: Singaporean study

Small- and medium-sized enterprises in Việt Nam have made technology their top investment priority to ensure growth, according to the ASEAN SME Transformation Study.

First Singaporean bank to debut in Việt Nam

Singapore-based United Overseas Bank (UOB) will open its first branch in Việt Nam on July 2. It is the ninth wholly foreign-owned bank and first Singaporean bank in the country.

Tertiary training launched for bankers

The United Overseas Bank (UOB) has partnered with the Foreign Trade University (FTU) in Việt Nam to launch the finance industry’s first tertiary education programme designed for bankers that serve small businesses.

UOB launches Business Banking service for SMEs

Singapore’s United Overseas Bank (UOB) has launched a Business Banking service dedicated to help small businesses in Việt Nam grow their business.

 

HCMC to host export markets forum

An export forum on “Market Identification and Risk Management in Export of Vietnamese Enterprises” will be held in HCM City on August 8 to disseminate the latest information, especially about effective ways and solutions to enhance the competitiveness of domestic firms in key export markets.

Government bonds become darling of foreign investors

Recently government bonds have seen strong foreign buying despite the facts that the dollar is expected to continue appreciating due to the US’s plan to raise interest rates a few more times in the near future and that Việt Nam does not have incentives to attract foreign investment in its bonds.

United Overseas Bank to support innovative fintech startups

The United Overseas Bank (UOB) has launched an innovation accelerator programme for applicants in Viet Nam in an aim to encourage the growth of (FinTech) start-ups. 

Provinces, cities issue municipal bonds for funding needs

On August 26 the southern province of Bà Rịa-Vũng Tàu issued for the first time municipal bonds worth VNĐ500 billion (US$4.44 million) to raise capital for infrastructure projects. The money will be used for building the Phước Hòa-Cái Mép Road, the Hồ Sông Ray inland canal system, and the Vũng Tàu Polyclinic.

 

Ministry backs wholly foreign-owned bank The Ministry of Planning and Investment (MPI) has recommended the Prime Minister to direct the State Bank of Viet Nam to issue a licence to Singapore's United Overseas Bank (UOB).