ACB announces its sustainable development model.

On December 18th, Asia Commercial Bank (ACB) officially announced its Sustainable Development Model focused on Creating Shared Value (CSV).

Through a series of long-term cooperation agreements in the fields of Health, Education, and Environment,ACB affirms its orientation not only to contribute to the community but also to work with the community to create sustainable values ​​for Vietnamese society in the period 2025–2030.

Specifically, ACB organized the "ACB accompanies a sustainable Vietnam" program, "Signing Ceremony for Community Cooperation in the fields of Health - Education - Environment". The agreements include a program to support pediatric cancer patients, scholarships for underprivileged students, a tuition loan program called "Supporting Students to School" for new university students, and wildlife conservation activities.

Although the signed agreements differ in form, they reflect a consistent direction: ACB is entering a new phase of development where business strategy and social responsibility are designed simultaneously, complementing each other, aiming to create long-term value for the community and for the bank's own sustainability.

According to ACB, the three core priorities in its sustainable development strategy for the 2025–2030 period stem from Vietnam's most fundamental issues today: health, education, and the environment. All programs are designed for the long term, have clearly measurable objectives, and are implemented in collaboration with specialized organizations to ensure effectiveness and sustainability.

Sharing his views on this direction, Mr. Pham Phu Ngoc Trai - Advisor on Sustainable Development at ACB - ACB Board of Directors (former Chairman of PepsiCo - Indochina) stated that sustainable development is not just about doing good for society, but also about how businesses build long-term competitiveness for themselves. The Shared Value (CSV) model helps businesses view social issues as part of their development strategy, where the interests of the community and the interests of the business are not separate but go hand in hand."

In the field of public health, ACB chooses to support the most vulnerable group, namely children with cancer. Through the "Journey of Hope" program, in cooperation with the Ho Chi Minh City Association for the Support of Poor Patients, the bank supports treatment costs and essential needs for underprivileged child cancer patients, while also aiming to reduce the burden on both families and the healthcare system.

The Ho Chi Minh City Association for the Support of Poor Patients is a social organization with over 30 years of experience in providing medical support to patients in difficult circumstances through humanitarian programs such as free heart surgery for children, free eye surgery for poor patients, wheelchair donations, scholarships, etc. The Association's activities are implemented in coordination with local agencies and departments, along with the support of businesses and philanthropists, contributing to reducing the burden of illness and improving the quality of life for the poor.

In the field of education, ACB views this as a long-term form of social investment. Programs such as the ACB - Saigon Times Foundation scholarship and the "Supporting Students to School" tuition loan program in collaboration with Tuoi Tre Newspaper are designed to help students overcome financial barriers during crucial stages of their educational journey, thereby expanding their future career opportunities.

Saigon Times Foundation is a non-profit charitable fund founded by Saigon Times Group. After more than 20 years of operation, it has implemented many practical educational support programs, especially awarding thousands of scholarships to disadvantaged students nationwide.

With the support of ACB, these two programs will continue to contribute to motivating, reducing financial burdens, and opening up learning opportunities for ambitious young people, helping them enter university with renewed confidence and hope.

In the field of environment and biodiversity, ACB continues to affirm its position as one of the pioneering banks in implementing ESG in Vietnam. From the "Get Closer to Zero" program more than a decade ago to current activities in forest protection, water restoration, and primate conservation, the bank believes that protecting nature is protecting the long-term stability of the economy. With the support of ACB and its partners, the Vietnam Wildlife Conservation Fund focuses on activities supporting the care and rescue of wild animals, conserving endangered species, and coordinating with specialized organizations to carry out activities and raise community awareness to protect forest environments and natural ecosystems.

Alongside its community activities, ACB also promotes the implementation of the Sustainable Finance Framework, developing green credit and social credit packages for businesses with a sustainable development orientation.

Mr. Tran Hung Huy, Chairman of the Board of Directors of ACB, emphasized that trust can only be built through kindness, consistency, and transparency. For ACB, creating value for society is inseparable from the bank's development goals; it is the foundation for more sustainable long-term growth. The sustainable development model focused on creating shared value (CSV) helps the bank approach social responsibility in a more systematic way. Instead of fragmented activities, each program is linked to a long-term strategy, with specialized partners and a specific impact assessment mechanism. This approach allows ACB to both meet the practical needs of the community and strengthen the stable foundation of its own business operations.

In recent years, ACB has continuously implemented community support programs nationwide, especially during difficult periods caused by natural disasters and economic fluctuations. The bank has participated in relief efforts and supported reconstruction after storms and floods in many localities, while also implementing preferential credit packages for affected individual and corporate customers, contributing to facilitating capital flow and supporting the recovery of production and business.

These efforts have helped ACB be recognized in the Top 50 Outstanding Sustainable Enterprises in Vietnam 2025, along with positive assessments from independent organizations regarding the transparency and effectiveness of its ESG strategy implementation.

In the coming period, ACB stated that it will continue to refine its sustainable development model by creating shared value, integrating social and environmental factors more deeply into its business operations, and expanding cooperation with domestic and international partners to spread positive values ​​to the Vietnamese community.

Source: https://nld.com.vn/acb-cong-bo-mo-hinh-phat-trien-ben-vung-196251218164351571.htm