The bank said Việt Nam entered the second half of the year with strong economic momentum despite headwinds including conflict in the Middle East, elevated energy prices, supply chain disruptions and uncertainty over global trade policies.
UOB Vietnam on July 1 broke ground on its new headquarters building, UOB Plaza Ho Chi Minh City, becoming the first foreign bank to develop and own a purpose-built headquarters within the Vietnam International Financial Centre – HCM City (VIFC...
The MoU also aims to help Vietnamese enterprises integrate more deeply into global supply chains and expand their operations in Singapore and other overseas markets.
The UOB Business Outlook Study 2026 found that 85 per cent of businesses reported positive sentiment, up from 48 per cent in 2025 when confidence was affected by uncertainty surrounding US tariff developments and global trade tensions.
Singapore’s United Overseas Bank (UOB) is exploring membership in the Vietnam International Financial Centre (VIFC), a project meant to connect domestic, global and regional capital flows.
UOB maintained its forecast for Việt Nam’s gross domestic product (GDP) growth at 7.5 per cent in 2026, with first-quarter growth projected at around 7 per cent.
The study, covering 5,000 respondents in Indonesia, Malaysia, Singapore, Thailand and Việt Nam, found that Việt Nam’s consumer sentiment led the region with 67 points, up three points from last year.
The Organisation for Economic Co-operation and Development (OECD) forecasts Việt Nam’s economic growth at 6.2 per cent this year and 6 per cent next year.
The UOB’s announcement of an increase in charter capital and a plan for a new headquarters building in HCM City reaffirms the bank’s strong commitment to long-term investment in Việt Nam.
The Vietnamese government is demonstrating a high determination in promoting public investment, focusing on numerous strategic infrastructure projects that connect economic centres. This will serve as an important launching pad for Vietnam to enter a new era – the era...
"We expect positive momentum from domestic drivers such as production, consumer spending and visitor arrivals to contribute to the activities, especially in the first half," the bank said in its latest report.
Vietnamese consumers showed the highest level of optimism regarding their country’s economic outlook compared with their regional peers, according to a recent study by Singapore’s United Overseas Bank (UOB).