TO THE ORDER OF BANK OF HSBC N.A.

Nature of Business: Financial Institution / Banking Service Provider

Classification: Neither a factory nor a trading company. It is a multinational banking and financial services organization providing corporate banking, trade finance, and international payment services to businesses.

Business Description: HSBC Bank (Vietnam) Ltd. is a foreign-owned bank operating in Vietnam. It facilitates international trade by providing financial instruments such as Letters of Credit (L/C), where "TO THE ORDER OF BANK OF HSBC N.A." typically appears as a beneficiary or an endorsing entity in trade documentation. The bank provides services to assist factories and trading companies in managing capital, currency exchange, and cross-border transactions rather than engaging in the manufacturing or physical trading of goods itself.

TO THE ORDER OF BANK OF HSBC N.A. in Vietnam is not a manufacturing company but a financial entity. In international trade, this phrase indicates that the Bill of Lading or other shipping documents are consigned to the order of HSBC Bank N.A. (the issuing bank), meaning the bank retains legal title to the goods until the buyer fulfills the payment obligations under a Letter of Credit.

Therefore, this entity does not produce or sell any commercial goods. It provides financial services, including:

1. Trade Finance

2. Letters of Credit Issuance

3. Documentary Collections

4. International Payment Processing

5. Risk Management for Import and Export Transactions