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HSBC holds seminar on international trade
HSBC bank held a seminar in Ha Noi last Friday for its customers who are involved in international trade. The programme was entitled "Explore UCP 600" – the latest version of Uniform Customs and Practice that governs letters of credit.
The bank shared its extensive experience in global banking and trade with an anticipated 120 attendees, looking at real-life practices and frequent issues to help customers develop a thorough understanding of UCP 600.
At the seminar, HSBC Viet Nam executive Nguyen Linh Chau addressed every element of UCP 600, from bank undertakings to insurance documentation. The presentation was followed by a Q&A session in which customers can pose detailed questions to HSBC experts.
"Passing on HSBC’s extensive expertise and best practices in trade-supply chain business worldwide to help Vietnamese companies fully understand and employ UCP 600 is a tangible example of the bank’s strong commitment to supporting trade and supply chain businesses in Viet Nam and to the development of a strong economy," said Nguyen Thanh Ha, head of trade supply chain for the HSBC in Viet Nam "Despite the economic downturn, the HSBC believes that the worst is behind us and Viet Nam generally is well positioned for further economic growth."
The seminar is the last in a series of three held across the country. Previous seminars on international trade and cash management held in Can Tho in April and HCM City last month attracted around 300 participants.
"Our UCP 600 seminar received lots of positive feedback from customers in Can Tho and HCM City, and we believe that the forthcoming event in Ha Noi will be just as successful," said Ha.
vietnamnews
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