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Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.
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HSBC Việt Nam vừa hợp tác với WWF-Việt Nam để thực hiện một dự án phục hồi rừng ngập mặn tại Vườn Quốc gia Mũi Cà Mau ở cực Nam của đất nước.
With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth.
A handful of international financial groups have cut their ties with coal-fired power plants – a sustainability move as investors and the public demand strong action on climate change.
Interim chief executive Noel Quinn reveals extensive job cuts and restructuring to shake up the bank.
Rising foreign investment flow in Vietnam has prompted overseas banks to expand operation in the country.
In 2020, the country’s domestic demand is set to benefit from generally supportive financial conditions amid low inflation and robust capital flows.
HSBC expected Vietnam’s economic outlook to remain positive and GDP to grow 6.6% in 2020.
Limited land and labor resources, increasing wages and a lack of local suppliers in Vietnam could make the cost/benefit equation less attractive for FD) firms in the foreseeable future, HSBC said in its latest Asia Frontier Insights report.
While the recent trade tensions have merely accelerated the movement of supply chains to Vietnam, they were not the trigger.
Vietnam has the second-largest consumption share in ASEAN, with the potential to outpace the Philippines soon.
Vietnam ranks 10th among best destinations for expatriate workers to live and work, according to HSBC’s Expat 2019 Global Report released recently.
Economists are upgrading their growth projections for Vietnam after the latest data showed the economy surged more than 7 percent in the third quarter, according to Bloomberg.
Vietnam has recently been listed among the world’s 10 best countries for expatriates in a recent survey by the bank HSBC.
Many receive salary increases which, given the relatively low cost of living, provide them with far more spending power to enjoy everything the country has to offer.
After recording its slowest pace in more than three year last month, Viet Nam’s inflation is forecast to hit only 2.7 per cent in 2019 after standing at 3.5 per cent last year.
A lot of people from China, South Korea, even Japan are buying resort properties in Vietnam, which is considered a sign of an attractive market to investors.
However, to convert its much-touted supply chain potential, Vietnam needs to build more visibility and credibility amongst international firms.