Investment to ensure sustainable growth
Investment in education and infrastructure is crucial for driving long-term sustainable economic growth, fostering innovation, and improving workforce capabilities.
Green & digital promise
Mr. Tim Evans, CEO of HSBC Vietnam, tells VnEconomy / VET about the driving forces behind Vietnam’s economic growth in the new era.
HSBC Vietnam to provide green trade financing to Vinh Hoan Corporation
This is HSBC’s first green trade facility in Vietnamese seafood industry.
HSBC maintains its forecast for Vietnam's GDP growth rate at 6.5% for both 2024 and 2025
HSBC believes the potential upside risks can offset the temporary economic disruptions in Vietnam, and the country's economic recovery continues to firm up.
HSBC: Capital the lifeblood for ‘new economy’ businesses to thrive
Mr. Ahmed Yeganeh, Head of Wholesale Banking at HSBC Vietnam, shares his views with VnEconomy / VET on the new economy landscape and the strong development of technology for businesses.
HSBC: Vietnam likely to lead ASEAN in infrastructure development
HSBC believes that given it regularly invests heavily in infrastructure development, equal to 6 per cent of GDP each year, Vietnam is likely to lead the ASEAN region in this regard. To sustain strong economic growth and adapt to rising urbanization, the country needs to continue upgrading and expanding its existing infrastructure.
HSBC: Many positives for Vietnam from RCEP
Bank believes Regional Comprehensive Economic Partnership gives all members a boost despite its small scale.
HSBC report depicts multi-faceted performance in Vietnam’s economy
HSBC’s recently-released “Vietnam at a Glance - Returning to the old strategy” report shows a multi-faceted picture of Vietnam’s economy, with exports weakening due to a decline in mobile phone shipments but domestic retail sales growth being strong. The report also noted that inflationary pressure will be stronger from the second half of 2022.
Green bond market the second-largest in ASEAN
According to HSBC, the total value of GSS (green, social, and sustainability) bond issuances in Vietnam in 2021 was $1.5 billion; nearly five-fold higher than the $300 million posted in 2020, and growth will remain stable over the next three years. Vietnam is therefore the second-largest green bond market in ASEAN, after Singapore.
HSBC lowers inflation forecast
Latest HSBC report forecasts inflation of 3.5 per cent in 2022, down from 3.7 per cent.
HSBC: Vietnam’s stock market has potential for upgrade
In a recent report, HSBC wrote that Vietnam’s stock market meets the conditions for an upgrade.
HSBC: Vietnam regaining advantages after reopening
Latest HSBC report indicates promise for Vietnam’s economy but also lingering issues.
HSBC supporting sustainable development financing
As part of its commitment to arrange $12 billion in sustainable development financing in Vietnam to 2030, HSBC has signed a letter on the assessment and provision of sustainable financial solutions for the Trungnam Group, to help it develop renewable energy projects throughout the country.
HSBC increases inflation forecast
According to a report from HSBC, Vietnam’s inflation rate will increase to 3 per cent in 2022, up from its previous forecast of 2.7 per cent, but will not present a significant risk to the economy. Vietnam’s macroeconomy will improve this year. Retail sales rose 1.3 per cent year-on-year in January.
HSBC financing sustainable development in Vietnam
In its capital arrangement plan to 2030, HSBC commits to financing $12 billion to help Vietnam achieve net-zero emissions. It was the underwriter of green bonds, social bonds, sustainable bonds, and sustainability-linked bonds last year, and is Asia’s largest, with a trading volume nearly double compared to 2020.
HSBC: Vietnam’s economy to rebound in 2022
There are risks, but HSBC believes Vietnam will see economic recovery over the course of this year.
Leather & textile industry dampening export performance
Interrupted supply in Vietnam’s leather and textile industry was the main factor behind the country’s exports falling 5.4 per cent year-on-year in August, according to a report from HSBC.
HSBC lowers growth forecast and predicts fluctuating exchange rate
In a report forecasting Vietnam’s economic development, HSBC has lowered its growth projection from 6.6 per cent to 6.1 per cent due to the ongoing Covid-19 outbreak. It also predicted that the Vietnam dong (VND) exchange rate will fluctuate widely in the second half of this year.