VOV.VN - Vietnam’s economic resilience and competitive wages are both prominent factors in attracting investment from international firms, with 28% of respondents in the HSBC Global Connections’ survey naming these as the most important reasons behind their investment decisions in the country.
VOV.VN - While the tide of global trade has yet to stage a meaningful rebound, Vietnam has started the second half of the year with some stabilisation in its external sector, according to July’s data on the Vietnamese economy released by HSBC.
VOV.VN - Prime Minister Pham Minh Chinh, while receiving Mark Tucker, chairman of the Hong Kong Shanghai Banking Corporation (HSBC) Holding plc in Hanoi on August 2, hailed the bank’s commitment to operating in the long-term in Vietnam, contributing to the country’s socio-economic development.
VOV.VN - A key benefit for Vietnam in a Just Energy Transition Partnership (JETP) is to attract greener foreign direct investment (FDI) and to become a champion in clean energy, according to an HSBC expert.
VOV.VN - The Asian Development Bank (ADB) has moved to revise its growth forecast for Vietnam, reducing the rate from 6.5% to 5.8% for this year, and from 6.8% to 6.2% ahead in 2024, according to the Asian Development Outlook (ADO) July 2023 released on July 19.
In a recently published report, HSBC Vietnam posits that the recurring El Niño, after an absence of three years, could heighten the threat of droughts, water scarcities, and potential disruptions in trade across the ASEAN region.
VOV.VN - Despite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting broad-based challenges, according to July’s HSBC report “Vietnam at a glance”.
The stock market has reportedly shown positive response to recent interest rate cuts.
The HSBC Vietnam will support Dat Bike Vietnam Co. in digitalising its financial operations and taking initial steps into the international financial market.
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) has recently become the first bank in Vietnam to obtain the LEED Gold certification, demonstrating its commitment to Vietnam's net-zero transition.