Combined, ASEAN forms one of the fastest growing economic powerhouses and is one of the world’s top five economies, behind the US, EU, China and Japan. The USD137 billion of FDI in ASEAN will help push Vietnam beyond the USD300 billion GDP mark by 2022.1 Find out how HSBC can connect you to opportunities across ASEAN, and beyond.
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HSBC: The longest established foreign bank in ASEAN

With over 130 years' presence in ASEAN and 140 years’ presence in Vietnam, HSBC is well established to support Vietnam businesses’ growth and enable them to strengthen their manufacturing supply chain position within ASEAN. Our teams on the ground and unrivalled global network are able to provide an in-depth understanding of market dynamics paired with our bespoke solutions to ease your market access into ASEAN and beyond.

Let us be your guide to doing business in ASEAN

  • We are the first locally incorporated bank in the country
  • First in market to provide new digital products
  • For global market, we are the first to launch the HSBC Evolve system that helps customers buy and sell foreign currencies

Focus Industries

  • Electronics
  • Food Processing
  • Construction
  • Services
  • Automobile


  • Best Foreign Bank in Vietnam 2006 – 2012, 2014, 2015, 2016, 2017, 2018, 2019 by FinanceAsia
  • Best Trade Finance Bank in Vietnam 2018 by Euromoney Trade Finance Survey
  • Best IPO by FinanceAsia 2018 for Vinhomes US$1.349 billion Initial Equity Offering, HSBC is a joint bookrunner
  • Best Deal in Vietnam 2018 by FinanceAsia for Vinhomes US$1.349 billion Initial Equity Offering, HSBC is a joint bookrunner
  • Best Loan Adviser in Vietnam 2018 by the Asset Triple A
  • Best IPO in Vietnam 2018 by the Asset Triple A for Vinhomes US$1.349 billion IPO
  • Best syndicated loan in Vietnam 2018 by the Asset Triple A for VinFast Trade and Production US$400 million syndicated term loan facility
  • Certificate of Merit for Best Performer in depository activities 2018 by Vietnam Securities Depository
  • Leadership in Credit Payment Volume 2011 – 2018 by Visa
  • Certificate of Merit for Excellent Labour Collective 2018 by the Governor of State Bank of Vietnam for the Bank’s excellence in completing 2017 business target.
  • Emulation Flag 2018 by the Vietnamese Government for the Bank’s achievements and contribution to the country’s banking sector in 2017
  • Emulation flag 2018 by the Governor of State Bank of Vietnam for the Bank’s excellence in banking industry.
  • Certificate of Merit from HCMC Police Department 2018 to recognise HSBC Vietnam’s excellence in the fight against financial crime.
  • Best Global Bank in Vietnam 2008 – 2011, 2014, 2016, 2017 by the Asset Triple A
  • The only Sub-Custodian to get scores in both Weighted and Unweighted Categories in Global Investor ISF Sub-Custody Survey 2017, 2018, 2019

Our ASEAN offering

At HSBC, we have a strong set of regional capabilities and specialised solutions to help you drive growth across ASEAN and beyond across 5 areas:


– We are one of the longest established banks in Vietnam that has been supporting businesses and generations in their growth journey across ASEAN and beyond for over 130 years

– Our deep understanding of the similarities and diversity of culture, business landscape and levels of development across the region paired with our unparalleled insights enable us to build a network and wealth of knowledge that fuel regional ambitions

– Our specialist knowledge and local RMs help guide businesses through regulatory, cultural and economic nuances to achieve their growth potential


– We have a global network with over 4,400 offices across 70 countries, covering over 90% of global trade and capital flows, as well as comprehensive client coverage. In ASEAN, we have 200 offices across 6 markets supported by 15,000 staff

– Our well-established connections in ASEAN enable ease of market access across multiple industries especially manufacturing (electronics, textile, automotive), energy, infrastructure, technology and retail to help prepare you for your growth journey

– We have China and ASEAN desks that include three European countries – Germany, France and the UK. These desks are dedicated to helping customers and prospects do business in ASEAN and beyond


– HSBC’s cross border expertise and bespoke product solutions across capital financing (from net capital Market to equity market) and traditional banking (trade, hedging and cash management) that make us uniquely positioned to provide the right solutions for our customers

– We have a full suite of banking services including bespoke services across working capital, liquidity, trade, and supply chain solutions to support businesses in cross border expansion and business optimization


– Our digital banking is an enhanced funds transfer service that offers the potential to deliver significant efficiencies in how you send, receive and reconcile funds locally using an account alias

– Through our digital solutions like Evolve for FX, local e-Customs and e-Tax, we’re able to help customers cross border needs

One way of banking

– We enhance your banking experience with a consistent experience supported by our regional-empowered bankers guiding you throughout your ASEAN growth journey

Our Experience

Case Study: Vietnam Real Estate Developer

How HSBC helped in Centralising and digitising payments through HSBC Connect host-to-host (H2H) connectivity

Read their story

Case Study: Pioneering treasury operations in Thailand

When the world's biggest canned tuna producer wanted to streamline liquidity flows and cut funding costs to support a global expansion from its home base in Thailand through Europe and the United States, HSBC was there to help.

Client need

Streamline management of fund flows across continents and between time zones to improve working capital efficiency.

How HSBC delivered

HSBC's innovative solution created Thailand's first cross-border sweeping arrangement. The initiative, which involved securing a license from the Bank of Thailand to run the operation, gave the client confidence that HSBC had a deep understanding of their global business needs -- and the creativity to devise solutions to meet them,

Client benefit

Automated tasks previously done manually and unlocked cash sitting idle in accounts globally to help boost internal funding. The structure was awarded "Best Forecasting Strategy" in the Corporate Treasurer Awards 2015.

Case Study: Currency cushions for Malaysian rubber maker

A global expansion that turned a small rubber trader in Malaysia into the world's largest condom maker generating sales in 121 countries created a banking logistics and currency hedging problem that HSBC was perfectly positioned to solve.

Client need

A major international expansion created substantial foreign exchange risks across a globally diversified sales and manufacturing network, as well as the need for banking facilities around the world.

How HSBC delivered

HSBC's network value was fully leveraged. HSBC delivered account opening and credit facilities in a variety of locations to support the client's international expansion, integrating a clutch of newly acquired corporate assets, as well as implementing a suite of currency risk management solutions including Transactional FX, Algorithmic Execution, FX Indices, FX Overlay and FX Prime.

Client Benefit

Volatility smoothed by seamless 24-hour currency risk hedging from HSBC's global foreign exchange centres in London, New York and Hong Kong.

HSBC in other ASEAN countries

 digital business banking solutions


 digital business banking solutions


 digital business banking solutions


 digital business banking solutions


 digital business banking solutions


 digital business banking solutions

Global ASEAN


1 PWC, The future of ASEAN: Time to act

Interested in expanding your business to ASEAN?

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