Business

Vietcombank issues 2 trillion VND worth of green bonds for first time

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND worth of green bonds, the first of its kind, to support eco-friendly projects.

Illustrative image (Photo: Vietcombank)
Illustrative image (Photo: Vietcombank)

Hanoi (VNA) – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has successfully issued 2 trillion VND (80 million USD) worth of green bonds, the first of its kind, to support eco-friendly projects.

The move not only helps Vietcombank raise capital efficiently but also reaffirms its pioneering role in the field of sustainable finance. In the future, Vietcombank will continue to prioritise resources for green credit, contributing to socio-economic development and environmental protection, said Executive Deputy Head of VCB Treasury and Market Division Vu Quang Dong.

The green bond issuance, structured without requiring collateral or payment guarantees, will finance projects in renewable energy, sustainable transport water management, green buildings, waste management, sustainable agro-forestry-fisheries and energy efficiency.

As the first bank in Vietnam to issue green bonds in accordance with domestic regulations and international standards, Vietcombank has adhered to the Green Bond Principles set by the International Capital Market Association (ICMA). Its green bond framework was developed with the support of the Global Green Growth Institute (GGGI) and highly rated by S&P Global with a Medium Green rating, reflecting its transparency, quality and strong governance.

Based on its development strategy for 2025 with a vision for 2030, Vietcombank focuses on building a green banking strategy and diversifying green financial instruments. It is working to refine criteria and policies to direct credit flows toward businesses that use new technologies, have low carbon emissions, and stay competitive in the international market, including those investing in renewable energy, clean energy, green infrastructure, and startup communities./.

VNA
#Joint Stock Commercial Bank for Foreign Trade of Vietnam #Vietcombank #green bonds Vietnam
Follow VietnamPlus

Green transition

Post-pandemic recovery

Related News

A transaction at a Vietcombank's branch (Photo: VNA)

Gov't proposes 20.69 trillion VND boost for Vietcombank to enhance financial capacity

The Government has proposed the National Assembly (NA) to consider pumping an addition of over 20.69 trillion VND (842.8 million USD) worth of State capital into the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to improve its financial capacity for expanding international reach and for it to become one of Asia’s 100 largest banks.

Vietcombank permitted to raise capital to 2.3 billion USD

Vietcombank permitted to raise capital to 2.3 billion USD

The State Bank of Vietnam (SBV) just allowed the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to raise its charter capital from 47 trillion VND (2 billion USD) to 55 trillion VND (2.3 billion USD) by issuing shares to pay dividends from the remaining profits of 2019 and 2020.

See more

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit.

Saigon Marina IFC – The light of Ho Chi Minh City’s new icon

Saigon Marina IFC, an emerging landmark, reflects Ho Chi Minh City’s pioneering spirit. Designed to become an International Financial Centre, this new architectural icon along the Saigon River is envisioned not only as a premium commercial complex, but as a central platform supporting financial institutions, international investors and cross-border capital flows in the years ahead.

Shoppers at a supermarket in Hung Yen (Photo: VNA)

Retailers see tax compliance, AI as key to survival in 2026 survey

The annual survey, conducted at the end of 2025 among retail and food and beverage (F&B) sellers nationwide, found that businesses are shifting their focus from rapid growth to operational efficiency, cost control and legal compliance amid increasingly stringent regulatory standards.

Visitors shop at Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026 opens broader prospects for Vietnam–UAE trade cooperation

For Vietnam, the UAE serves not only as a consumer market but also as a gateway to the Middle East and North Africa. Vietnamese agricultural products such as cashew nuts, pepper, cinnamon and rice have steadily gained market share, while aquatic products, including tra fish and tuna, are increasingly present in the UAE’s hospitality sector.

Bao Viet Bank's employee counts Vietnamese banknotes at a transaction counter in Hanoi. (Photo: VNA)

Credit quota reform, tighter capital rules may widen gap among banks

Yuanta Vietnam Securities estimates that to achieve GDP growth above 10%, credit growth would need to exceed 16%. This suggests bank credit is no longer expected to be the main growth driver, with greater reliance on fiscal policy, public investment and capital markets.

Commercial Counsellor Do Viet Phuong, Head of the Vietnam Trade Office in Cambodia. (Photo: VNA)

Spring Fair 2026 offers ample room to deepen Vietnam–Cambodia trade ties

Cambodia holds substantial potential for cooperation in agro-processing and exports, especially in key products such as rice, cashew nuts and rubber. In recent years, the country’s cultivation area and agricultural output have grown steadily, providing a stable raw material base for processing industries.

Vietnam is projected to have approximately 2.4 million SMEs, accounting for over 98% of the country’s total enterprises. (Photo: cafef.vn)

Banks offer diverse solutions to support SMEs

With an increasingly significant role in the economy, the small and medium-sized enterprise (SME) sector is becoming a key segment in the credit growth strategies of many banks and the banks have been taking diverse solutions to support the enterprises.

Workers process coconuts for export at Vina T&T Group. (Photo: nhandan.vn)

Agricultural exports reliant on securing raw material supply

According to Secretary General of the Vietnam Pepper and Spice Association Le Viet Anh, pepper remained Vietnam’s leading spice export in 2025, with shipments exceeding 247,000 tonnes, accounting for 59.3% of total spice export volume. Export revenue reached 1.66 billion USD, out of total spice exports of 2.1 billion USD.