hsbc vietnam deploys first green deposit for corporate clients

HSBC Vietnam deploys first green deposit for corporate clients

HSBC Vietnam has successfully launched the very first green deposit for corporate clients in Vietnam. This new product, which is in the variety of sustainable banking solutions that HSBC has introduced to Vietnam, will support corporate customers’ sustainability development strategy by ensuring funding for green projects and businesses.
influential institutions look to wind down coal activities

Influential institutions look to wind down coal activities

Some international lenders, funds, and insurers are joining a growing list of financial institutions across the globe retreating from coal-fired power plants, particularly projects in Vietnam and other Asian nations, as concerns grow over the role that fossil fuels play in exacerbating the adverse impacts of climate change.
hsbc secures first push facility in asean for nutifood backing vietnam italy trade

HSBC secures first Push facility in ASEAN for Nutifood, backing Vietnam–Italy trade

The 5-year term offshore loan from HSBC for Nutifood is the first of its kind in Vietnam and ASEAN. The transaction is expected to open more opportunities to promote bilateral trade between Vietnam and Italy.
profuse real estate lending on alert

Profuse real estate lending on alert

Loans related to real estate-backed collateral and build-operate-transfer projects are classified as among the riskiest and largest portion of banks’ portfolios, which might require restrictive approaches on quantitative quotas.
hsbc says french retail bank sale to cost 19 bn euros

HSBC says French retail bank sale to cost 1.9 bn euros

HSBC on Friday said it will incur a hefty charge of 1.9 billion euros with the sale of its French retail banking operations to French lender My Money Group.
a deeper supply crunch due to new wave of covid 19

A deeper supply crunch due to new wave of COVID-19?

The new wave of COVID-19 pandemic has taken a serious toll and posed major challenges on the whole economy, particularly the supply chain sector. Frederic Neumann, co-head of Asian Economics Research at HSBC, discussed about its impacts on supply chain in a global context and in Vietnam as well.     
resuming banking reform to shore up capital buffers

Resuming banking reform to shore up capital buffers

Vietnam is on its way to building a healthy banking system, and 2021 is deemed as a crucial year for timely debt collection. Yun Liu, economist at HSBC, looks through the lens at some of the most important indicators in Vietnam’s banking sector and offers some views regarding non-performing loans.
foreign investors will soon return to vietnams stock market hsbc

Foreign investors will soon return to Vietnam's stock market: HSBC

Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
huawei says hsbc agrees document access in hong kong court

Huawei says HSBC agrees document access in Hong Kong court

Chinese tech giant Huawei on Monday said it had reached an agreement with HSBC in Hong Kong to secure documents that its senior executive Meng Wanzhou hopes will help her fight extradition to the United States from Canada.
hsbc to phase out coal funding on shareholder pressure

HSBC to phase out coal funding on shareholder pressure

HSBC bank on Thursday unveiled plans to phase out financing of the coal industry over the next two decades, bowing to shareholder pressure to do more to tackle global warming.
global banking leaders targeting growth in se asia

Global banking leaders targeting growth in SE Asia

International banks are proactively deploying more resources in Southeast Asia, especially in Vietnam, with the emerging regional economy representing high potential for them.
how the most prominent political event in vietnam in 2021 could affect its economy

How the most prominent political event in Vietnam in 2021 could affect its economy

The 13th National Congress of the Communist Party of Vietnam (CPV) taking place from January 25 to February 2, 2021 is one of the most prominent political events this year.
central bank continues growth drive amid global uncertainties

Central bank continues growth drive amid global uncertainties

The State Bank of Vietnam is predicted to continue maintaining a loose monetary policy with low interest rates, even as the global economy is showing positive signs.
foreign expert positive about fdi to vietnam

Foreign expert positive about FDI to Vietnam

Vietnam has been successful in controlling COVID-19 in 2020 and is likely to keep the situation contained next year, said Joseph Incalcaterra, chief economist for ASEAN at the HSBC Global Research, on an article recently published on www.dailymirror.uk.
generate 150ha mangrove forest in mui ca mau national park to fight climate change

Generate 150ha mangrove forest in Mui Ca Mau National Park to fight climate change

The mangrove trees will form a buffer between the land, sea, and rivers, helping to maintain this patch of the Mekong Delta and shielding it against natural disasters.