Business

HSBC named 2010’s best foreign bank in VN

Asia’s leading publication on finance and banking, FinanceAsia, has named HSBC Vietnam the best foreign bank in 2010 for the fifth consecutive year.
Asia’s leading publication on finance and banking, FinanceAsia, hasnamed HSBC Vietnam the best foreign bank in 2010 for the fifthconsecutive year.

FinanceAsia selects the winners ontheir financial strength and performance, the value of the franchise,acquisitions that have helped to improve the franchise, numbers ofstaff, client base, major deals made during the period and testimonialsfrom clients.

Becoming the leading bank in Vietnam forthe fifth year in a row confirms customers’ trust in HSBC as the bestplace to bank and is recognition from independent industry commentatorsfor consistent innovative world-class services and commitment toexcellence in banking, said Thomas Tobin, HSBC’s Chief Executive inVietnam.

To date, HSBC Vietnam’s awards includeBest Bank in Vietnam in 2006, 2008, Best Trade Finance Bank inVietnam in 2008 and 2009 and Best Sub-custodian Bank in 2006 and 2009by Asset Triple A.

Global Finance also named HSBCVietnam as best Sub-custodian Bank in 2008 and 2009./.
Follow VietnamPlus

See more

Deputy Prime Minister Nguyen Van Thang speaks at the meeting with ministries and sectors in Hanoi on June 17 to review public investment disbursement and address bottlenecks affecting ODA projects. (Photo: VNA)

Deputy PM requests faster disbursement of ODA-funded projects

As of June 15, the disbursement rate for public investment funded by external sources had reached only 9.99% of the assigned plan. Although the figure was higher than in the same period last year, it remained well below the national average. Notably, one out of eight ministries and central agencies and 13 localities had yet to disburse any allocated capital.

Sorting green-skinned pomelos for export at the processing facility of Vina T&T Group in Vinh Long province. (Photo: VNA)

Vietnamese fruits strengthen foothold in China

The expansion of fruit trade has been supported by the implementation of the Regional Comprehensive Economic Partnership (RCEP) and ongoing efforts to upgrade the China – ASEAN Free Trade Area.

Production line for camera modules and electronic components at the factory of the Korean-invested MCNEX VINA Co., Ltd, located in Phuc Son Industrial Park, Ninh Binh province. (Photo: VNA)

High-tech FDI attraction set as strategic priority: official

The resolution sets out a number of specific targets for foreign investment attraction during the 2026–2030 period. Annual registered FDI is targeted at between 40 billion USD and 50 billion USD, while realised capital is expected to reach approximately 30–40 billion USD per year.

Production of electronic components at DBG Technology Vietnam Co., Ltd. in Yen Binh Industrial Park, Thai Nguyen province. (Photo: VNA)

Vietnam’s trade surplus with EU expands amid economic headwinds

Trade between Vietnam and the EU maintained momentum during the January–May period, supported by the EU – Vietnam Free Trade Agreement (EVFTA) and sustained demand for key Vietnamese exports, even as the EU grappled with inflationary pressures and sluggish consumer spending.

Containers are unloaded at Nghi Son International Port in Nghi Son ward, Thanh Hoa province. (Photo: VNA)

Vietnam eyes to shape national maritime industrial ecosystem

These advantages provide a strong foundation for the development of the marine economy and logistics services. As a result, the marine economy has been identified as a national strategic priority, with the coordinated development of maritime transport, seaports and shipbuilding serving as a key pillar in shaping a sustainable national maritime industrial ecosystem.

The road to the VSIP Can Tho Industrial Park connecting with National Highway 80 is under construction. (Photo; VNA)

Vietnam draws harder line on FDI quality under new resolution

The Ministry of Finance’s Foreign Investment Agency reported that total registered FDI neared 25 billion USD in the first five months of this year, a jump of almost 35% from a year earlier, with new project registrations driving the bulk of the expansion.

According to Fortune’s latest list, Vinachem ranks 148th among Southeast Asia’s top 500 companies in 2026. (Photo: vinachem.com.vn)

Vinachem makes Fortune Southeast Asia 500 for the first time

According to Fortune’s latest list, Vinachem ranked 148th among Southeast Asia’s top 500 companies in 2026. The ranking is compiled using key financial indicators including revenue, profit and total assets, and covers enterprises from seven regional economies, namely Vietnam, Indonesia, Thailand, Malaysia, Singapore, Philippines and Cambodia.