Based on a 13.7 percent surge in the third quarter, Standard Chartered Bank raised Viet Nam’s GDP growth forecast for 2022 to 7.5 percent higher than its August forecast of 6.7 percent and for 2023 to 7.2 percent from 7.0 percent.

The Vietnamese economy will recover strongly in 2022, starting at the end of the first quarter, said Tim Leelahaphan, Economist for Thailand and Vietnam at Standard Chartered.

Standard Chartered has lowered its growth forecast for Vietnam for 2021 from 6.7 per cent to 6.5 per cent.

Standard Chartered Bank forecasts Viet Nam’s economic growth will slow to 3.3 per cent in 2020 due to increase in external headwinds.

Vietnam presented a US$45 billion opportunity for the private sector to invest in sustainable development to help achieve the United Nations’ Sustainable Development Goals (SDGs) by 2030.

Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.

Vietnam has been named one of the rising stars of global trade with the sixth position among the top 20 markets with the greatest potential for future trade growth, according to a recent report by Standard Chartered.

Trade readiness improvements and economic dynamism are driving Vietnam’s trade growth potential.

Standard Chartered forecasts Vietnam to remain the fastest-growing ASEAN economy in the near term, with 2019 growth projected at 6.9 percent.

The attempted restriction on transaction value via e-wallet has faced strong opposition from both wallet users and goods and service providers.

VietNamNet Bridge - Sources say Standard Chartered Bank, a big foreign shareholder of the Asia Commercial Bank (ACB), is considering leaving ACB.

 Standard Chartered Bank expects Vietnam’s GDP growth to accelerate to 6.9 percent in 2016, higher than its previous forecast of 6.6 percent driven by better construction activity and manufacturing strength amidst continued strength in FDI inflows.

 Standard Chartered, the Asia-focused UK bank, is to cut 15,000 jobs by 2018 and raise $5.1bn (£3.3bn) to create a "focused and well-capitalised" group.

 Standard Chartered Bank expects Vietnam's gross domestic product growth to accelerate to 6 percent in 2015, higher than its previous forecast of 5.8 percent.

PVN extracts more crude despite falling prices; Standard Chartered issues bonds for Masan; Sacomreal issues shares to raise capital; Government bond yield rises; State fertiliser firm raises $74m in IPO; Debt trading company increases charter capital

Standard Chartered picks up stake in leading agro firm; Vingroup buys supermarket chain from OceanMart; Lotte Centre Hanoi has a slump after its opening; Petrolimex earns US$67.3 million profit in nine months

VietNamNet Bridge - Standard Chartered Private Equity (SCPE) on Tuesday announced it will acquire a significant minority stake in the Golden Gate Company, the operator of a restaurant chain in Vietnam, for $35 million.

 US authorities plan to announce a record $1.9 billion settlement with British bank HSBC to end allegations of money laundering, The Wall Street Journal reported on its website.