First recycled plastic cards launched in Vietnam Business

First recycled plastic cards launched in Vietnam

HSBC Bank Vietnam has rolled out Vietnam’s first card made from recycled Polyvinyl chloride (rPVC) plastic as part of a programme launched by the HSBC Group to introduce sustainable cards across all its global locations.
Foreign banks pour capital into Vietnam Business

Foreign banks pour capital into Vietnam

The International Finance Corporation (IFC), a member of the World Bank Group, announced on August 11 that it will provide a 70 million USD loan to Indo Trans Logistics Corporation (ITL Corp), with the aim of improving logistics, trade and competitiveness in Vietnam’s economy amid the COVID-19 pandemic.
Expats in Vietnam earn 88,000 USD per year Business

Expats in Vietnam earn 88,000 USD per year

Expats working in Vietnam said they earn on average nearly 88,100 USD, with 36 percent seeing their income increase by 25 percent, the latest Expat Explorer survey compiled by HSBC Bank revealed.
Techcombank wants no foreign ownership Business

Techcombank wants no foreign ownership

The Vietnam Technological and Commercial Joint Stock Bank has no foreign stakeholder following HSBC Bank plc’s divestment in July, and has requested shareholders to approve zero foreign ownership.