Topic: hsbc

This is HSBC’s first green trade facility in Vietnamese seafood industry.

The country’s GDP growth rate expected to reach 7% this year, according to the bank.

Mr. Tim Evans, CEO of HSBC Vietnam, discusses the opportunities in implementing digital and green transformations in Vietnam.

HSBC believes the potential upside risks can offset the temporary economic disruptions in Vietnam, and the country's economic recovery continues to firm up.

The social loan will help Gene Solutions increase Southeast Asian mass population’s accessibility and affordability to essential healthcare services

Vietnam was the fastest-growing digital economy in ASEAN in 2023, with potential to become the second-largest by 2030, according to a report from HSBC.

Vietnam's economy is on track for stronger growth this year, say HSBC analysts, but a sustained recovery depends on a rebound in domestic services sectors currently lagging behind the country's exports.

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 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.

According to HSBC, about 48 million Vietnamese, or nearly half of the population, will earn over $20 a day by 2030. The upper middle class (those with incomes between $50 and 110 a day) is expected to grow by an average of 17 per cent each year in the 2021-2030 period. Vietnam’s annual spending growth is therefore forecast at nearly 8 per cent this decade.