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Vietnam is about to have another 100% foreign-owned bank

On July 19, the Governor of State Bank of Viet Nam (SBV) Le Minh Hung on Wednesday gave approval in principle to the Singapore’s United Overseas Bank Limited (UOB) to open a 100% foreign owned bank in Viet Nam.

HSBC forecasts Vietnam's GDP growth at 6% this year

HSBC has decided to reduce its forecast of Vietnam economic growth for 2017 from 6.4% to 6%.

HSBC to give positive comment on Vietnam economic indicators

The current macroeconomic stability provides a favorable environment for businesses' operation and growth.

Stock indexes
1,273.11 4.33 0.34
Volume: 937,042,992 Value: 23,073 (Billions VNĐ)
241.54 1.52 0.63
Volume: 107,577,344 Value: 2,109 (Billions VNĐ)
93.07 0.37 0.4
Volume: 77,550,284 Value: 1,196 (Billions VNĐ)
1,310.15 1.88 0.14
Volume: 309,091,269 Value: 9,206 (Billions VNĐ)