The Hong Kong-Shanghai Banking Corporation (HSBC) and Standard Chartered, in their reports released late October, raised the GDP growth forecasts for Vietnam to 7.9% and 7.5%, respectively, nearly 2 percentage points higher than their previous projections.

VOV.VN - HSBC has raised its forecast for Vietnam’s 2025 GDP growth from 6.6% to 7.9%, citing strong third-quarter results that reinforce the country’s position as ASEAN’s fastest-growing economy, according to its latest “Vietnam at a Glance” report.

Vietnamese firms are facing steeper cost increases than the global average due to tariffs and trade uncertainty, according to HSBC’s Global Trade Pulse 2025 survey.

Permanent Deputy Prime Minister Nguyen Hoa Binh on April 28 expressed his hoped that international organisations and financial institutions that have been doing business successfully in Vietnam will be the first members to be present at Vietnam’s first international financial centres and have a foothold in this market.

Chinese investors have been ramping up their presence in Vietnam in recent years, with a surge in investments that shows no sign of abating.

Deputy Minister of Foreign Affairs Nguyen Minh Hang attended the second HSBC Global Investment Summit (GIS) in Hong Kong (China) on March 25-26, where she delivered a keynote address at the seminar "Vietnam – the next investment destination."

VOV.VN - Mobile World Joint Stock Company (The Gioi Di Dong - TGDD), a member of Mobile World Investment Corporation (Mobile World Group – MWG), recently secured a sustainability-linked trade loan with HSBC Bank (Vietnam) Ltd.

VOV.VN - Unlike trade uncertainty, Vietnam’s appeal as a tourist destination has undoubtedly risen, as the country’s tourism sector set a new monthly record by welcoming over two million international visitors, a nearly 40% year-on-year increase, according to HSBC’s latest “Vietnam at a Glance” report.

Vietnam has regained its position as the “growth star” of the Association of Southeast Asian Nations (ASEAN), said the Hong Kong-Shanghai Banking Corporation (HSBC) when evaluating Vietnam’s economic development in 2024.

As 2024 draws to a close, Vietnam’s economy is nearing the finish line of its annual targets, and continued efforts are needed to secure the best possible outcomes.