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. 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. The Bank’s network now includes two branches and five transaction offices in Ho Chi Minh City; one branch, four transaction offices in Ha Noi, one branch in Binh Duong, one branch in Can Tho, one branch in Da Nang.
HSBC is currently the largest foreign bank in Vietnam in terms of investment capital, network, product range, staff and customer base.
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. HSBC’s history in Vietnam and knowledge of its culture reflects its commitment to delivering excellence in customer service, every time.
HSBC is one of the world's largest banking and financial services organisations. With more than 4,400 offices in both established and emerging markets, we aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.
We serve around 47 million customers through our four Global Businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Our network covers 71 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.
At HSBC we put great emphasis on our values of being dependable, open, and connected. We want to ensure that our employees feel empowered to do the right thing and to act with courageous integrity. By doing so we will meet the expectations of society, customers, regulators and investors.