Tag: HSBC
Positive outlook ahead for Vietnamese economy in second half: HSBC
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.
PM lauds HSBC long-term operation strategy in Vietnam
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.
JETP - key benefit for Vietnam to attract greener FDI: HSBC
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.
ADB lowers growth forecast for Vietnam to 5.8% this year
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.
Vietnam’s rice and coffee acutely vulnerable from El Nino: HSBC economists
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.
HSBC lowers Vietnamese GDP growth forecast to 5%
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”.
Stock market positively responds to interest rate cuts
The stock market has reportedly shown positive response to recent interest rate cuts.
HSBC Vietnam helps Vietnamese e-vehicle start-up access foreign investment
The HSBC Vietnam will support Dat Bike Vietnam Co. in digitalising its financial operations and taking initial steps into the international financial market.
HSBC announces Vietnam's first LEED rated bank branch
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.
SBV’s policy rate likely to drop to 4%: HSBC
The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.
