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.

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.

Agriculture has long been the backbone of Vietnam’s economy for a number of comparative advantages, such as cultivated land, forest cover, sea territories, tropical climate, and available and cost effective labour, according to Surajit Rakshit, head of Global Trade and Receivables Finance, HSBC Vietnam.

VOV.VN - Despite a number challenges hampering growth, the Vietnamese services sector remains a bright spot, partially offsetting some external weaknesses, according to “Vietnam’s May trade data” report recently released by HSBC.

After a sluggish GDP performance in the first quarter this year, Vietnam is still not out of the woods yet. In particular, it has not seen the light at the end of the tunnel on the trade front, according to an HSBC report.

Although Vietnam always eyes to attract investors from US and Europe, intra-ASEAN investors are so important to the country, especially since foreign direct investment (FDI) is slowing down globally due to the COVID-19 pandemic’s impacts and geopolitical conflicts.

VOV.VN - The nation is rapidly becoming an attractive retail market for companies globally, particularly as many regional and global FDI investors recently revealed their plans to increase capital and expand distribution networks in the Vietnamese market.

VOV.VN - While external woes will likely continue over the near-term, some recovery in the tourism industry may partially cushion some headwinds faced by the national economy this year, according to HSBC experts.

VOV.VN - Foreign direct investments (FDI) has been one of the key catalysts spurring and transforming the nation into one of the most open economies in the region, said Joonsuk Park, head of International Subsidiary Banking and Wholesale Banking at HSBC Vietnam.

VOV.VN - Deputy Prime Minister Tran Hong Ha welcomed Surendra Rosha, co-chief executive of HSBC Asia-Pacific, on February 15, while calling on HSBC to actively join green transformation and green projects in Vietnam.