With an average annual income of $90,408, nine out of 10 expats said in Vietnam they are as happy as or happier than at home, according to the 11th annual Expat Explorer issued by HSBC on Wednesday. Foreigners enjoy working in Vietnam for many benefits: 55 percent of respondents said they take more holidays, 41 percent live in a better home and 39 percent have more household staff compared to their home country. Fifty-seven percent said their employment contracts include an annual allowance to fly home or to another place, higher than the global average of 17 percent. Forty-two percent get an accommodation allowance while the global average is 18 percent, and 73 percent receive health and medical allowances compared to 43 percent elsewhere. Vietnam ranks first in the world with 72 percent saying moving to Vietnam helps them save more and 72 percent also saying they have more disposable income than they did in their home country. Both are higher than the global average: 52 percent … [Read more...] about Vietnam 19th best country in the world for expats: HSBC survey
Best wealth management banks
Vietnam ranked 19th among world’s best destinations for expats
The Hanoitimes - Vietnam ranked 1st in terms of the disposable income for expat in HSBC’s latest report, where 72% said they have saved up more just by moving to Vietnam than in their home countries. Vietnam has climbed four ranks to the 19th among the world’s best destinations for expats in 2018, according to HSBC’s latest Expat Explorer Survey report. Illustrative photo. The country offers expats high living standards and a welcoming business environment, stated the report. According to the report, the average annual income for expats in Vietnam is US$90,408 in 2018, up US$2,000 year-on-year, while 31% of the respondents said their income have increased by 25% per year. Vietnam ranked 1st in terms of the disposable income in the report, where 72% said they have saved up more just by moving to Vietnam than in their home countries. However, only a quarter of expats said they own a property in Vietnam, lower than the global average rate of … [Read more...] about Vietnam ranked 19th among world’s best destinations for expats
Citi Vietnam Wins Global Finance magazine’s 2018 Best Corporate/Institutional Digital Bank Awards for three years consecutively
Citi Vietnam Wins Global Finance magazine’s 2018 Best Corporate/Institutional Digital Bank Awards for three years consecutively In the magazine’s World’s Best Corporate/Institutional Digital Bank Awards, Citi was named Best Digital Bank in 16 markets – Australia, Bangladesh, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, Philippines, South Korea, Sri Lanka, Taiwan, Thailand and Vietnam. The bank also won five sub-category awards, including Best Online Cash Management, Best Online Treasury Services, Best in Mobile Banking, Best Mobile Banking App and Most Innovative Digital Bank. Citi was the first global transaction bank to launch Application Programming Interfaces (APIs) for institutional clients in 2017. Close to 20 APIs across a wide range of functionalities have been implemented. The bank also has the largest footprint in Virtual Cards in Asia across 11 markets, bringing automation and efficiency to supplier payments for … [Read more...] about Citi Vietnam Wins Global Finance magazine’s 2018 Best Corporate/Institutional Digital Bank Awards for three years consecutively
Citi Vietnam wins Best Corporate Digital Bank
Recognised for excellence in digital banking and innovation, Citi swept a total of 36 wins across the magazine’s Corporate/Institutional and Consumer Digital Bank Awards, reaffirming the bank’s commitment to innovation and excellence in digital banking across its Corporate/Institutional as well as Consumer Banking business. Citi Vietnam wins Best Corporate Digital Bank The bank also won five sub-category awards, including Best Online Cash Management, Best Online Treasury Services, Best in Mobile Banking, Best Mobile Banking App and Most Innovative Digital Bank. Citi was the first global transaction bank to launch Application Programming Interfaces (APIs) for institutional clients in 2017. Close to 20 APIs across a wide range of functionalities have been implemented. The bank also has the largest footprint in Virtual Cards in Asia across 11 markets, bringing automation and efficiency to supplier payments for clients. MobilePass–Citi’s app that generates … [Read more...] about Citi Vietnam wins Best Corporate Digital Bank
Credit Suisse named Vietnam’s Best Investment Bank for ninth time
Credit Suisse has been named Vietnam’s Best Investment Bank at the Euromoney 2018 Awards for excellence and best international investment bank at the FinanceAsia 2018 Country Awards, both for the ninth time. Euromoney also recognised Credit Suisse as Asia’s Best Investment Bank for the first time. Credit Suisse received the coveted title for the ninth time in Vietnam Commenting on the awards, Helman Sitohang, Credit Suisse CEO for Asia Pacific, said: “These accolades are a testament to Credit Suisse’s position as the trusted bank for entrepreneurs in Asia Pacific. I am delighted that we are the only bank over the last two years to have been recognised as the Best Investment Bank, Financing House and Wealth Manager in Asia. These strengths are core to delivering holistic advisory and solutions that meet the wealth and corporate interests of clients in the region. Our clients’ confidence in Credit Suisse is reflected in these awards, and … [Read more...] about Credit Suisse named Vietnam’s Best Investment Bank for ninth time