SE Asia Stocks-Philippines rebounds, Vietnam hits record

* Philippine shares up over 1 pct, partially recover week's

losses

* Vietnam up for ninth straight session; hits record

* Singapore shares fall 0.4 pct

By Aaron Saldanha

March 22 (Reuters) - Most Southeast Asian stock markets rose

on Thursday, with the Philippines bouncing back from steep

losses and Vietnam scaling an all-time peak, as the U.S. Federal

Reserve's rate outlook for 2018 was seen as less hawkish than

expected.

The Fed raised its interest rate on Wednesday and reiterated

two more rate increases this year, signalling caution in its

monetary policy tightening pace.

Philippine shares rose 1.1 percent on broad-based

gains, bouncing back from three straight sessions of sharp

losses.

The country has experienced significant foreign fund

outflows over the past few weeks, with the benchmark down about

6.6 percent year-to-date.

The Philippine central bank is expected to leave its

benchmark rate steady at its monetary policy meeting on

Thursday, on optimism that annual inflation would ease back to

its target range next year, a Reuters poll showed on Tuesday.

The Fed maintaining its outlook for a total of three rate

increases for the year helps retain the allure of higher

yielding assets in emerging markets.

Indonesian shares gained 0.4 percent, helped by

gains across the board. Telecom services stocks and materials

contributed the most to the benchmark, which broke a six-session

losing streak on Wednesday.

Telekomunikasi Indonesia was the top contributor,

rising as much as 1.4 percent to recoup some of its losses last

week.

The index of the country's 45 most liquid stocks

added 0.4 percent.

Malaysian shares gained 0.3 percent as financials

and consumer staples rose. Malayan Banking Bhd gained

as much as 1.4 percent.

Vietnam shares rose 1.6 percent to a record, led by

gains in consumer staples and utilities. Seafood processing firm

Vinh Hoan Corp was up as much as 3.4 percent.

Meanwhile, Singapore shares lost 0.4 percent, weighed

down by financials, with Oversea-Chinese Banking Corp Ltd

shedding 1.1 percent.

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SOUTHEAST ASIAN STOCK MARKETS: CHANGE AS AT 0400 GMT

Market Current Previous close Pct Move

Singapore 3498.58 3511.13 -0.36

Bangkok 1809.46 1801.43 0.45

Manila 7998.25 7909.07 1.13

Jakarta 6339.192 6312.831 0.42

Kuala Lumpur 1871.81 1865.8 0.32

Ho Chi Minh 1177.59 1159.39 1.57

Change so far in 2018

Market Current End 2017 Pct Move

Singapore 3498.58 3402.92 2.81

Bangkok 1809.46 1753.71 3.18

Manila 7998.25 8558.42 -6.55

Jakarta 6339.192 6355.654 -0.26

Kuala Lumpur 1871.81 1796.81 4.17

Ho Chi Minh 1177.59 984.24 19.64

(Reporting by Aaron Saldanha, Additional reporting by Saif

Naqvi in Bengaluru; Editing by Amrutha Gayathri)