HSBC in Vietnam

The bank 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. The new entity, HSBC Bank (Vietnam) Ltd. is 100 per cent owned by The Hongkong and Shanghai Banking Corporation Limited. HSBC Bank (Vietnam) Ltd. is also the first wholly foreign-owned bank to operate both branches and transaction offices in Vietnam. HSBC is currently one of the largest foreign banks in Vietnam.

With 150 years of experience in Vietnam, HSBC provides a comprehensive range of banking services including Retail Banking and Wealth Management, Wholesale Banking, Global Liquidity and Cash Management, Global Trade and Receivables Finance and Securities Services.

Awards

  • Best Bank for Domestic Cash Management for Corporates in Vietnam 2019 by Euromoney
  • Best Bank of Overall Service for Corporates in Vietnam 2019 by Euromoney
  • Best Foreign Bank in Vietnam 2006 – 2012, 2014 – 2019 by FinanceAsia
  • Best International Retail Bank of the Year 2016 – 2017 and 2019 by Asian Banking and Finance
  • Best Trade Finance Bank in Vietnam 2018 by Euromoney Trade Finance Survey
  • Best IPO by FinanceAsia 2018 for Vinhomes US$1.349 billion Initial Equity Offering
  • Best Loan Adviser in Vietnam 2018 by the Asset Triple A
  • Best IPO in Vietnam 2018 by the Asset Triple A for Vinhomes US$1.349 billion IPO
  • Best syndicated loan in Vietnam 2018 by the Asset Triple A for VinFast Trade and Production US$400 million syndicated term loan facility
  • Certificate of Merit for Best Performer in depository activities 2018 by Vietnam Securities Depository
  • Leadership in Credit Payment Volume 2011 – 2018 by Visa
  • Certificate of Merit for Excellent Labour Collective 2018 by the Governor of State Bank of Vietnam for the Bank’s excellence in completing 2017 business target
  • Emulation Flag 2018 by the Vietnamese Government for the Bank’s achievements and contribution to the country’s banking sector in 2017
  • Certificate of Merit from HCMC Police Department 2018 to recognise HSBC Vietnam’s excellence in the fight against financial crime.
  • Visa Global Award for the Highest International Authorization Approval Rate for Consumer Credit International in 2017
  • Best Foreign Investment Bank in Vietnam 2015, 2017 by FinanceAsia
  • Best International Bank in Vietnam 2017 by Asiamoney
  • Best Domestic Cash Manager 2010 – 2017 by Euromoney Cash Management Survey
  • Best Global Bank in Vietnam 2008 – 2011, 2014, 2016, 2017 by the Asset Triple A
  • Best Global Corporate and Institutional Bank in Vietnam 2017 by the Asset Triple A
  • Best M&A deal in Vietnam 2017 by the Asset Triple A for Siam City Cement 65% acquisition of LafargeHolcim, HSBC is a financial adviser.
  • The only Sub-Custodian to get scores in both Weighted and Unweighted Categories in Global Investor ISF Sub-Custody Survey 2017, 2018, 2019
  • Best Foreign Bank in Vietnam from FinanceAsia 20th Anniversary Platinum Awards

Contact details

Headquarters

  • The Metropolitan, 235 Dong Khoi St, District 1, Ho Chi Minh City, Vietnam
  • Tel [84] (028) 3829 2288
  • Fax [84] (028) 3823 0530

Management team

  • Tim Evans, Chief Executive Officer
  • John F Anthony, Chief Operation Officer
  • Stephanie Betant, Country Head of Wholesale Banking
  • Minh Phuong, Head of Retail Banking and Wealth Management
  • Hanh Nguyen, Head of Global Liquidity and Cash Management
  • Anand Nevgi, Head of Global Trade and Receivables Finance
  • Phuong Nguyen, Acting Head of HSBC Securities Services
  • Khoa Ngo, Head of Markets
  • Kevin Green, Chief Risk Officer
  • Truc Nguyen, Chief Finance Officer
  • Nonoy B Nuyles, Head of Human Resources

2019

Interim report English PDF 4.06 MB

2018

Annual Report English PDF 6.54 MB

Interim report English PDF 850.55 KB

2017

Annual report English PDF 271.67 KB

Interim report English PDF 261.62 KB

2016

Annual report English PDF 312.28 KB

Interim report English PDF 146.51 KB

2015

Annual Report English PDF 4.38 MB

Interim Report English PDF 274.48 KB

2014

Annual Report English PDF 2.45 MB

Interim Report English PDF 300.12 KB

2013

Annual Report English PDF 287.50 KB

Interim Report English PDF 2.14 MB

2012

Annual Report English PDF 1.54 MB

2011

Annual Report English PDF 2.63 MB

2010

Annual Report English PDF 356.56 KB


For details about HSBC’s global operations, Group board members and financial results, go to our corporate website . Please note that this is English only.