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LONDON -- U.K.-based banking and financial-services company HSBC Holdings PLC plans to increase its branches in Vietnam and is looking at setting up operations in Laos and Cambodia. "We plan to ...
Under obligations that were a condition of its entry into the World Trade Organization, Vietnam must swing open wider its doors to foreign banks. And the first arrivals will be HSBC and Standard ...
Foreign banks have been allowed to operate in Vietnam since the early 1990s, but there have been sharp restrictions on their operations. HSBC and a handful of others have single branches in Hanoi ...
HSBC has obtained approval to set up a bank in Vietnam, making it one of the first overseas banks to incorporate there, Europe's biggest bank said on Tuesday.
Alongside 35 domestic commercial banks, Vietnam hosts nine wholly foreign-owned banks and two joint venture banks.
July 18 (Reuters) - HSBC Holdings has put its Vietnam insurance business on the block, sources said, in a deal that could fetch about $400 million for Europe's biggest bank as it pushes to exit ...
HSBC consolidated all of its business in Vietnam into HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) and liquidated the Hongkong and Shanghai Banking Corporation, Hanoi Branch (HBAP Hanoi) on December 16.
HSBC Vietnam Gets Approval To Open Branches In Danang, Can Tho | Financial News ...
HANOI, VIETNAM — Foreign banks trying to gain a foothold in booming Vietnam face a tough cultural barrier: Most people don't use banks and many don't trust them. Instead, they stash their money ...
HSBC seeks to offer a better integrated regional service with the increase of cross-border investment following the formation of the Asean Economic Community (AEC).
HANOI (Reuters) - HSBC Bank on Friday raised its forecast for Vietnam's gross domestic product growth for this year to 6.5% from its previous forecast of 6.0%, after second-quarter growth beats ...