hsbc vietnam to benefit from fdi migration

HSBC: Vietnam to benefit from FDI migration

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.
hsbc vietnams economy likely to be better in 2013

HSBC: Vietnam’s economy likely to be better in 2013

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.
bao viet inks sumitomo as new partner

Bao Viet inks Sumitomo as new partner

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.
sumitomo pays 340m to buy hsbcs shareholding in bao viet

Sumitomo pays $340m to buy HSBC’s shareholding in Bao Viet

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.
hsbc being punished for stunning failures us

HSBC being punished for 'stunning failures': US

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.
vietnam manufacturing rises to highest level since september 2011

Vietnam manufacturing rises to highest level since September 2011

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.
hsbc third quarter profits slump on vast charges

HSBC third-quarter profits slump on vast charges

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.
vietnam manufacturing downturn continues at start early fourth quarter

Vietnam manufacturing downturn continues at start early fourth quarter

The seasonally adjusted HSBC Vietnam Manufacturing PMI posted 48.7 in October, down from 49.2 in September.
hsbc vietnam named best domestic cash management bank

HSBC Vietnam named best domestic cash management bank

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.
vietnam is among worlds top hot spots for expats

Vietnam is among world’s top hot spots for expats

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.
hsbc online banking library to boost financial literacy in vietnam

HSBC online banking library to boost financial literacy in Vietnam

HSBC Bank Vietnam has launched an online banking library.
manufacturing pmi signals worsening operating conditions

Manufacturing PMI signals worsening operating conditions

The HSBC Vietnam Manufacturing PMI signaled a further worsening of manufacturing sector-operating conditions during September.
hsbc optimistic about vietnams economy

HSBC optimistic about Vietnam’s economy

hsbc report confirms vietnams economic balance

HSBC report confirms Vietnam’s economic balance

hsbc sounds the retreat from vietnamese finance group

HSBC sounds the retreat from Vietnamese finance group

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.