Very quickly, the State Bank cut interest rates by 150 basis points
Responding quickly and operating flexibly, the State Bank has reduced interest rates four times in a row, a total of 150 basis points in the first six months of 2023.
Vietnam’s Q4 economic growth may improve better than expected: HSBC
HCMC – Vietnam’s economy is projected to perform better than expected in the final quarter of the year if the State Bank of Vietnam (SBV) continues to provide monetary policy support, according to a recent report by HSBC Vietnam. The report has revised the economic growth forecast for Q4 by 0.1%,
HSBC supports Vietnam for sustainability goals
HCMC – HSBC Vietnam and the Ministry of Natural Resources and Environment have signed a memorandum of understanding (MOU) to collaborate on the Environment, Social and Governance (ESG) agenda. Under the MOU signed on the sidelines of the ongoing 27th United Nations Climate Change Conference of the
HSBC helps Masan Group access US$600-million loan facility
HCMC – HSBC Vietnam has worked with several other banks to provide Masan Group Corporation, or Masan, and the Sherpa Company Limited, a subsidiary of Masan, with a US$600-million syndicated term loan to facilitate their investment. The loan aims to support Masan’s strategic long-term objectives
HSBC Predicts Vietnam’s Economic Growth 6.8% in 2022
Foreign direct investment (FDI), Vietnam’s key driver of growth,is still robust and was only marginally impacted given the serious lockdown that the country applied in 2021.
Fitch Upgrades Vietcombank's Viability Rating to 'b+'; Affirms IDR at 'BB-'; Outlook Positive
The upgrade of Vietcombank's VR is driven by Fitch’s assessment that Vietnam's banking system operating environment (OE) factor score has returned to a pre-pandemic level of 'bb-', as business conditions have been substantially less severe.
Why Sustainability Has Become Key to Retaining Manufacturing Talent
Employees are growing increasingly unafraid of bringing their personal values to work, and companies that do not respect their concerns are at risk of being considered unattractive employers.
Vinpearl Successfully Issued the World’s first Exchangeable Sustainable Bond
As Sole Sustainability Structuring Bank, HSBC supported Vingroup in developing its inaugural Sustainable Finance Framework (the “Framework”), which includes six green and two social project categories across Vingroup's business segments.