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MEDIA STATEMENT

On 1 January 2009, with the approval of the State Bank of Vietnam, The Hongkong and Shanghai Banking Corporation Limited established a 100% foreign owned bank in Vietnam named HSBC Bank (Vietnam) Ltd. on the basis of its Ho Chi Minh City Branch. The HSBC Bank (Vietnam) Ltd. received all the legal rights and obligations from the Ho Chi Minh City Branch of the Hongkong and Shanghai Banking Corporation and has been in smooth operation since then. In the first half of 2014, HSBC Bank (Vietnam) Ltd. has increased its charter capital from VND3,000 billion to VND7,528 billion in order to better serve the customers and to demonstrate HSBC's long term commitment in Vietnam.

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Important Notice

We have been advised that unknown people, claiming to represent other Banks or Institutions and work in partnership with HSBC, are calling HSBC customers asking for credit card details. HSBC IS NOT in partnership with any other local or foreign Banks or Institutions except for the partner mentioned at this link. HSBC customers are advised to NEVER give or disclose any details of their HSBC credit card and/or bank account and/or credit card numbers to any third party under any circumstances.

INTERNATIONAL EDUCATION: COST VERSUS QUALITY

Education has never been more expensive, or more highly valued. The average cost of a university undergraduate education for an international student in the USA is over USD36,000 a year. At USD42,000 a year, Australia – a hugely popular destination for Asian students – is the most expensive option.

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HSBC Trade Connections - Vietnam Report

Vietnam has a strong foothold in the global market for textiles and garments, helped by comparatively low wages and its central Asian location. Vietnam also has a growing presence in ICT equipment trade, its second largest exports sector. Led by these two industries we expect exports to grow by more than 11% per year from 2014-2020.

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Safety checks at HSBC ATMs nationwide

HSBC commits to provide quality services to our customers. We have recently completed our regular maintenance and safety checks on all our ATMs country wide (including electrical checks). All HSBC ATMs are in good condition and safe for customers' use.

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