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Hang Seng Bank COO Vivien Chiu acquires Hong Kong luxury flat for $5.14M

Hang Seng Bank COO Vivien Chiu acquires Hong Kong luxury flat for $5.14M

Vivien Chiu, Hang Seng Bank's chief operating officer, has purchased a luxury flat in Hong Kong for HK$40 million (US$5.14 million).
Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Son of HSBC Asia's chairman Peter Wong spends $29M on Hong Kong luxury homes

Foreigners find Vietnam good place to work

Foreigners find Vietnam good place to work

HSBC Chief Quinn, architect of sweeping overhaul, announces surprise retirement

HSBC Chief Quinn, architect of sweeping overhaul, announces surprise retirement

HSBC (HSBA.L) said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe.
April 29, 2024 | 11:36 pm PT
HSBC, OCBC oppose Truong My Lan’s proposal to sell multi-million-dollar Hanoi building

HSBC, OCBC oppose Truong My Lan’s proposal to sell multi-million-dollar Hanoi building

HSBC and OCBC Bank Singapore said Van Thinh Phat chairwoman Truong My Lan has mortgaged the Capital Place building for loans totaling US$230 million at banks, disqualifying her from selling the property.
March 29, 2024 | 12:58 am PT
HSBC pegs Vietnam’s growth at 6% in 2024

HSBC pegs Vietnam’s growth at 6% in 2024

Vietnam’s GDP is on a firm recovery track and growth can reach 6% this year, according to lender HSBC.
January 11, 2024 | 11:30 pm PT
Trade digitalization will boost Vietnam's connection on global stage

Trade digitalization will boost Vietnam's connection on global stage

Digitalization offers opportunities for a country to engage in international trade, benefiting micro, small, and medium-sized enterprises, although there will be regulatory challenges, according to HSBC.
December 13, 2023 | 08:00 pm PT
Exports improve in November

Exports improve in November

Vietnam’s exports rose last month with positive growth in shipments of computers and machines, but trade prospects for the remainder of this year remain uncertain amid weak demands, lender HSBC says.
December 7, 2023 | 04:41 am PT
Low labor costs among top reasons for businesses interest in Vietnam: survey

Low labor costs among top reasons for businesses interest in Vietnam: survey

Low labor costs and economic resilience are among key attributes that make Vietnam attractive for business expansion, a recent survey by British bank HSBC has found.
September 13, 2023 | 10:51 pm PT
Dollar gain against dong only temporary: HSBC

Dollar gain against dong only temporary: HSBC

The U.S. dollar’s rise against the dong in recent weeks is a temporary phenomenon and the Vietnamese currency would strengthen again soon, an HSBC analyst has said.
August 19, 2023 | 06:00 pm PT
Economy to rebound in Q4: HSBC

Economy to rebound in Q4: HSBC

Vietnam’s economy is expected to rebound in the last quarter this year and might finish the year with a 5% GDP growth, HSBC has forecast.
June 20, 2023 | 03:35 pm PT
SBV’s policy rate likely to drop to 4%: HSBC

SBV’s policy rate likely to drop to 4%: HSBC

The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.
June 19, 2023 | 11:59 pm PT
Vietnam tourism forecast to see robust growth as visa restrictions relaxed: HSBC

Vietnam tourism forecast to see robust growth as visa restrictions relaxed: HSBC

Tourism has become a bright spot amid Vietnam’s gloomy economic picture and the industry could witness a boost in the second half as new visa laws are passed, HSBC has said.
June 1, 2023 | 02:02 am PT
Vietnam a promising market for wealth and personal banking

Vietnam a promising market for wealth and personal banking

Taylan Turan, Group Head of Retail Banking and Strategy for HSBC's Wealth and Personal Banking business, said Vietnam is one of the bank's most strategic markets due to its potential for wealth and personal banking.
May 17, 2023 | 10:00 pm PT
Vietnam: bright spot of world economic landscape

Vietnam: bright spot of world economic landscape

Foreign experts have dubbed the Vietnamese economy as a miracle in Asia and a bright spot of economic growth in Asia-Pacific as a result of the Vietnamese Government’s sound and effective economic management policies.
December 26, 2022 | 06:50 pm PT
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