According to its 2025 financial report, HSBC Vietnam recorded a pre-tax profit of 4,141 billion VND in 2025, a nearly 7% decrease compared to the previous year, marking its lowest profit in four years.

The primary reason for this decline was an increase in operating expenses. The bank's total operating revenue reached 8,737 billion VND, remaining flat compared to 2024. However, operating expenses last year rose by 11% to 3,989 billion VND.

With a workforce of 1,400 employees, HSBC Vietnam allocated approximately 1,295 billion VND for salaries and bonuses, a 6.6% increase from 2024. Consequently, each employee earned an average annual income of 925 million VND, or 77 million VND per month, a figure significantly higher than many domestic listed banks.

HSBC Vietnam's employee costs in 2025 amounted to only about 10% of those at Techcombank, VPBank, MB, or the "Big4" group. Many domestic banks spent tens of thousands of billions VND on employee salaries and bonuses last year, given their workforce can be ten times larger.

Foreign banks in Vietnam typically benefit from capital advantages, backed by major global financial institutions. However, they primarily serve foreign direct investment (FDI) corporate clients or retail customers.

As of 31/12/2025, HSBC Vietnam's total assets increased by 3.2% to 141,000 billion VND. Loan balances reached 74,600 billion VND, an improvement of over 8% compared to the end of 2024. The non-performing loan ratio decreased from 0.46% to 0.42%.

HSBC, a major global financial institution headquartered in London, was founded 161 years ago. In 2009, the bank established its legal entity in Vietnam, named HSBC Vietnam, 14 years after its first branch received its operating license.

Trong Hieu