Hsbc Vietnam

As early as 2023, a growing number of global intra-Asian multinationals are looking to either expand or make new investments in the country.

The partnership would open up opportunities for the Vietnamese Government to leverage resources from financial institutions, industry associations, and technical experts toward sustainable development.

The financing deal marks the largest mid- to long-term syndicated term loan facility ever raised by a commercial bank in Vietnam.

Vietnam continues to benefit from its broad re-opening strategy, which saw a huge crowd flocking to tourist hotspots in the country and household spending rebound.

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With Vietnam’s strong commitment at the COP26 last November to reach net-zero by 2050, the development and investment in renewable energy projects are of strategic national importance.

Despite the risk of Omicron, Vietnam’s economy is expected to rebound strongly with a GDP growth of 6.5% this year from a modest of 2.58% in 2021.

HSBC Vietnam will mobilize funds from local and international financial markets to provide a wide range of sustainable solutions in green finance, debt finance, supply chain, trade, green deposits, and investment products.

Vietnam is in a better vaccine position to protect itself from imposing another lockdown.

Thanks to strong fundamentals, Vietnam’s economy would gradually rebound at least for the coming six months until its momentum becomes stronger in the second half of 2022.