Vietnam

HSBC is the leading foreign presence in Vietnam. While some of its regional or global peers have scaled back their operations in the fast-growing economy in recent years, or left the market altogether, HSBC has solidified its presence despite selling its 19.41% stake in local lender Techcombank. Local bankers and analysts praise its stability and reliability.

Viet Capital Securities, based in Ho Chi Minh City, is one of the fastest-growing securities houses in Vietnam and is a domestic leader in individual and institutional broking, asset management and investment banking.

Vietnam’s largest private-sector bank by assets has become a genuine leader in its field since its formation in 1993. Asia Commercial Bank’s (ACB) operations span the gamut of banking, from mortgage and consumer lending to corporate and investment banking. It boasts one of the best retail operations in the country, one that includes an impressive online banking service and a solid private banking operation aimed at the mass-affluent market.