Vietnam tops ASEAN in Optimism Index amid Covid-19
Vietnam scored 62.4 points compared to 53.8 in Malaysia, 52.7 in Singapore, 52 in Thailand, and 49.6 in Indonesia.
Vietnam scored 62.4 points compared to 53.8 in Malaysia, 52.7 in Singapore, 52 in Thailand, and 49.6 in Indonesia.
This comes on top of over US$2.24 billion that was already secured by the UOB to Vietnam as the bank helps companies seize opportunities in the region’s fastest-growing economy.
Assuming there is no further massive outbreak domestically, it is expected the recovery to extend further in the fourth quarter.
UOB has trimmed their 2020 forecast for Vietnam to 3.5%, from 5.2% made earlier given the sharply weaker second-quarter performance.
Vietnam’s fintech firms secured two of the top three largest funding deals in ASEAN in 2019.