11-01-2013 15:34
Vietnam, India and Indonesia stand to benefit most from the foreign direct investment (FDI) migration as they have large labour forces and strong domestic markets, said the Hong Kong-Shanghai Banking Corporation (HSBC) in its latest report.
04-01-2013 09:40
The year 2013 will likely be better for Vietnam’s economy than 2012 amid slowly improving domestic and external demand and the initial results from the country’s recent reform efforts.
25-12-2012 09:30
Sumitomo Life replaced HSBC as the new strategic partner of Bao Viet Holdings last week, a change that some observers say could lead Bao Viet to new success.
21-12-2012 11:00
HSBC Insurance Asia-Pacific Holdings Limited, an indirect wholly-owned subsidiary of HSBC, announced that it had entered into an agreement to sell its entire 18 per cent shareholding in Bao Viet Holdings to Sumitomo Life Insurance Company.
12-12-2012 10:04
HSBC intentionally broke US sanctions on Iran and other countries and laundered Mexican drug money to build its business, the US said Tuesday as it socked the global banking giant with $1.92 billion in fines.
04-12-2012 14:58
At 50.5 in November, up from 48.7 in October, the seasonally adjusted HSBC Vietnam Manufacturing PMI posted above the neutral 50.0 value for the first time in 14 months.
05-11-2012 16:23
HSBC said Monday that third-quarter profits slumped after taking $1.15 billion (898 million euros) in extra charges for a money-laundering scandal in the US and insurance mis-selling claims in Britain.
05-11-2012 14:25
The seasonally adjusted HSBC Vietnam Manufacturing PMI posted 48.7 in October, down from 49.2 in September.
03-11-2012 15:00
HSBC Bank Vietnam has been declared the best domestic cash management bank in Vietnam 2012 by this year’s Euromoney Poll for a third straight year.
12-10-2012 10:32
According to a recent HSBC survey, Vietnam stands 10th on the overall Expat Explorer Economics league table that ranks countries and territories based on a number of factors such as earning levels, disposable income and ability to accumulate luxuries. Singapore tops the list.
10-10-2012 13:45
HSBC Bank Vietnam has launched an online banking library.
02-10-2012 18:00
The HSBC Vietnam Manufacturing PMI signaled a further worsening of manufacturing sector-operating conditions during September.
20-07-2012 17:18
The London based Hong Kong and Shanghai Banking Corporation (HSBC) reportedly plans to sell the shares it is holding of Vietnamese Bao Viet, a big insurance group, in an effort to gather its strength to deal with the financial problems and the possible heavy penalty in a money laundering lawsuit.