At HSBC, our knowledge goes beyond just understanding individual ASEAN markets, but understanding how to navigate the dynamics and connections between them. HSBC’s strong foundation of connected knowledge with an innovative solution provides a seamless banking experience for our customers. Our offering aims to help international companies capture the growth across ASEAN.
How HSBC can help
Back to Opening up a world of business opportunities in ASEANOur ASEAN offering
1 HSBC Group Factbook, 2021
Our ASEAN heritage & experience
As the world’s number one trade bank1, and with over 130 years of presence in ASEAN, HSBC is well established to support your business growth and enable you to tap into new opportunities. 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.
* HKTDC Research ASEAN: Market Profile, 2021, ISEAS; 1. https://www.hsbc.com/news-and-media/hsbc-news/hsbc-tops-trade-finance-poll
HSBC in Vietnam
- HSBC opened its first office in Saigon (now Ho Chi Minh City) in 1870. In August 1995, HSBC opened a full-service branch in Ho Chi Minh City. HSBC also opened its second branch in Hanoi and established a representative office in Can Tho City in 2005
- On 1 January 2009, HSBC became the first foreign bank to incorporate in Vietnam. HSBC Vietnam is also the first wholly foreign-owned bank to operate both branches and transaction offices in Vietnam
- We are currently one of the largest foreign banks in Vietnam in terms of investment capital, customer base and product range
- We have one of the largest balance sheet amongst foreign banks for supporting clients
Key facts and figures
Date of establishment: 1870
Presence: 14 outlets including branches and transaction offices
Our Recognition
- Best International Bank, Best ESG Impact, Best Investment Bank and Most Innovative Use of Technology in Vietnam – FinanceAsia Country Awards 2023
- Best in Treasury and Working Capital - MNCs/LLCs in Vietnam – The Asset Triple A Treasurise Awards 2023
- #1 Market penetration in Vietnam in Asian Large Corporate Banking and Large Corporate Cash Management – 2023 Greenwich Share Leader
- Market Leader and Best Service for Trade Finance in Vietnam – Euromoney Trade Finance Survey 2023
- Market Leader for Non-Financial Institutions in Vietnam – Euromoney Cash Management Survey 2022
- Best Bank for Sustainable Finance and Best Loan Adviser – Asset Triple A Country Awards for Sustainable Finance 2022
- Best International Bank in Vietnam – Asiamoney Best Bank Awards 2022
More on ASEAN
In partnership with Bloomberg
Find out the latest insights on ASEAN in partnership with Bloomberg
Why is ASEAN an opportunity
Now more than ever, companies from all over the world are looking to ASEAN to expand their operations from within the bloc around Asia and globally.
Interested in expanding your business to ASEAN?
Disclaimer
The Association of Southeast Asian Nations (ASEAN)
The content on this page (“ASEAN website”) was prepared by HSBC Bank (Vietnam) Ltd.
The information contained in this ASEAN website is derived from sources we believe to be reliable but which we have not independently verified. HSBC makes no representation or warranty (express or implied) of any nature nor is any responsibility of any kind accepted with respect to the completeness or accuracy of any information, projection, representation or warranty (expressed or implied) in, or omission from, this ASEAN website. No liability is accepted whatsoever for any direct, indirect or consequential loss (whether arising in contract, tort or otherwise) arising from the use of or reliance on this ASEAN website or any information contained herein by the recipient or any third party. If you seek to rely in any way whatsoever upon any content contained in this ASEAN website, you do so at your own risk.
This ASEAN website does not constitute an offer or solicitation for, or advice that you should enter into or start using, any of the arrangement, product or services mentioned in this ASEAN website. Recipients should not rely on this ASEAN website in making any decisions and they should make their own independent appraisal of and investigations into the information described in this ASEAN website. No consideration has been given to the particular business objectives, financial situation or particular needs of any recipient. Any examples given are for the purposes of illustration only.
All the information set out in this ASEAN website is provided in good faith to the best of HSBC’s knowledge and understanding of the current law, rules, regulations, directions and guidelines governing or otherwise applicable to the relevant services offered by HSBC but HSBC makes no guarantee, representation or warranty and accepts no liability as to its accuracy or completeness. Future changes in such law, rules, regulations etc. could affect the information in this ASEAN website but HSBC is under no obligation to keep this information current or to update it. Expressions of opinion are those of HSBC only and are subject to change without notice.
Copyright © HSBC Bank (Vietnam) Ltd. All rights reserved. No part of this ASEAN website may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC.
Issued by HSBC Bank (Vietnam) Ltd. The Hongkong and Shanghai Banking Corporation Limited is incorporated in the Hong Kong SAR with limited liability.
References for figures displayed in HSBC advertisements in Bloomberg Media sites:
ASEAN’s digital economy is set to double to over USD350 billion by 20251
ASEAN is thriving as the world’s fastest growing trade bloc2
A greener ASEAN offers a trillion-dollar opportunity by 2030 3
1 https://www.bloomberg.com/news/articles/2021-11-10/southeast-asia-internet-economy-to-surge-to-363-billion-by-2025
2 HKTDC Research ASEAN: Market Profile, 2021, ISEAS
3 https://www.bain.com/insights/southeast-asias-green-economy-pathway-to-full-potential/
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