Our ASEAN offering

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.

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.

HSBC in Vietnam

Vietnam city view
  • 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?

Need help?

Get in touch to learn more about our banking solutions and how we can help you drive your business forward.