The new branch offers a range of services, with a focus on corporate services such as commercial banking, global banking, payment and cash management, trade and supply chain as well as personal financial services, to existing and new customers.

Thomas Tobin, CEO of HSBC Bank Vietnam, said: "Local incorporation allows us to have a broader distribution network to reach more customers in Vietnam's major economic centers. The branch at Binh Duong is the first of many planned for economic centers around Vietnam. By opening more branches and more transaction offices across the country, HSBC will meet the needs of our growing provincial customer base."

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