Vietnam

In Vietnam, HSBC first opened an office in Saigon (now Ho Chi Minh City) in 1870. In August 1995, HSBC opened a full-service branch in Ho Chi Minh City. In 2005, HSBC also opened its second branch in Hanoi and established a representative office in Cantho. HSBC is now the largest foreign bank in Vietnam in terms of investment capital, network, product range, staff and customer base.

In Vietnam, HSBC is the only foreign bank to provide clients with a full range of banking services including:

• Commercial Banking
• Corporate and Institutional Banking
• Global Markets
• Global Payments and Cash Management
• Trade and Supply Chain
• Securities Services
• Personal Financial Services

In 2006 and 2007, HSBC in Vietnam was named:

• Best Foreign Bank in Vietnam for two consecutive years 2007 and 2006 by FinanceAsia
• Best Retail Bank in Vietnam 2006 by the Asian Banker
• Best Bank in Vietnam 2006 by the Asset Triple A
• Best Sub-custodian Bank in Vietnam 2006 by the Asset Triple A
• Best for Overall Forex Services in Vietnam 2006 by Asiamoney FX Poll

Commercial Banking

At HSBC, we have a dedicated team of experienced Relationship Managers who can handle all the banking needs of our local and international corporate customers. Our products and services include working capital and trade finance, term loans, debt syndication, treasury, bonding facilities (tender, performance and advance payment bonds), overdraft and corporate credit cards.

Our Commercial Banking team plays a leading role in the local market and we have established a large customer base including not only foreign companies from different countries but also major state-owned corporations and well-established joint stock and private companies and small and medium enterprises.

The Greater China team under Commercial Banking is dedicatedly set up to serve financial needs of investors from Greater China region (China, Taiwan, Hongkong and Macau) in Vietnam. The highly professional team of Chinese speaking staff is able to provide customers with a seamless, unmatched one stop service.

Together with global network, international knowledge and local expertise, HSBC is proud to be the bank of choice for customers in Vietnam.