The strong development of the stock market, with rising retail investors and financial investment demand, has prompted many banks to cooperate with securities firms and fund management companies to add more cross-selling products.
HSBC Vietnam has signed a Letter of Intent (LoI) for evaluating and providing financing solutions with the Trungnam Construction Investment Corporation (Trungnam Group), one of the largest renewable energy developers in Vietnam, according to Saigon Giai Phong newspaper.
In a recent report, HSBC adjusted its prediction for Vietnam's inflation this year from 2.7% to 3%, a slight increase but with negligible risk as the economy has shown signs of a strong rebound in the making.
VOV.VN - Despite facing numerous challenges and risks, the Vietnamese economy in 2022 is forecast to bounce back, with some of its primary growth drivers coming from industries driven by the COVID-19 pandemic, according to industry experts.
VOV.VN - In support of the Vietnam Government’s aspiring climate goals and COP26 commitment to become a net zero economy by 2050, HSBC Vietnam has announced its commitment to arranging US$12 billion of direct and indirect sustainable financing for Vietnam and corporate sector in Vietnam by 2030.
VOV.VN - HSBC Vietnam has launched its first credit card made from recycled Polyvinyl chloride (rPVC) in Vietnam.
Some foreign financial organisations have issued relatively positive predictions for Vietnam’s economy this year, with growth expected at 6.5 - 6.7%.
VOV.VN - Vietnam’s export-driven economy managed to get through the worst of the COVID-19-related turbulence in 2021 to secure positive economic growth of 2.58%, although considerable challenges remain ahead in 2022 and beyond.
VOV.VN - The latest regulations on shortening the quarantine period for entrants is expected to facilitate air travel and attract greater foreign direct investment (FDI) inflows into Vietnam in the future, according to insiders.
VOV.VN - An increase in foreign direct investment (FDI) and consumption, coupled with a growing middle class and new infrastructure can all be considered as driving forces for the Vietnamese economy to grow next year, said Tim Evans, CEO of HSBC Vietnam.